JBT Marel Corporation $JBTM Stock Holdings Lifted by ArrowMark Colorado Holdings LLC

ArrowMark Colorado Holdings LLC raised its position in shares of JBT Marel Corporation (NYSE:JBTM) by 6.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,142 shares of the company’s stock after purchasing an additional 27,767 shares during the period. JBT Marel accounts for about 1.1% of ArrowMark Colorado Holdings LLC’s investment portfolio, making the stock its 29th largest position. ArrowMark Colorado Holdings LLC owned approximately 0.82% of JBT Marel worth $60,133,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Summit Global Investments bought a new position in JBT Marel during the third quarter valued at approximately $1,052,000. Diversified Trust Co bought a new stake in JBT Marel in the third quarter worth approximately $1,061,000. Confluence Investment Management LLC bought a new stake in JBT Marel in the third quarter worth approximately $12,034,000. New York State Common Retirement Fund increased its stake in shares of JBT Marel by 13.3% during the 3rd quarter. New York State Common Retirement Fund now owns 120,212 shares of the company’s stock worth $16,884,000 after purchasing an additional 14,105 shares during the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of JBT Marel by 344.1% during the 2nd quarter. Squarepoint Ops LLC now owns 37,889 shares of the company’s stock worth $4,557,000 after purchasing an additional 29,358 shares during the last quarter. 98.92% of the stock is currently owned by institutional investors and hedge funds.

JBT Marel Trading Down 4.2%

JBT Marel stock opened at $129.57 on Friday. JBT Marel Corporation has a 52 week low of $90.08 and a 52 week high of $170.19. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.98. The firm has a market capitalization of $6.73 billion, a PE ratio of -128.28, a PEG ratio of 1.37 and a beta of 0.97. The business’s 50-day simple moving average is $157.09 and its 200-day simple moving average is $146.54.

JBT Marel (NYSE:JBTM) last announced its earnings results on Monday, February 23rd. The company reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.06. The firm had revenue of $1.01 billion during the quarter. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.JBT Marel’s revenue for the quarter was up 115.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.70 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities research analysts forecast that JBT Marel Corporation will post 5.21 earnings per share for the current year.

JBT Marel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Monday, March 9th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. JBT Marel’s dividend payout ratio is currently -39.60%.

Insider Activity

In other news, CEO Brian A. Deck sold 8,634 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $150.51, for a total value of $1,299,503.34. Following the sale, the chief executive officer owned 127,667 shares in the company, valued at approximately $19,215,160.17. This trade represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Zacks Research raised shares of JBT Marel from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Jefferies Financial Group raised shares of JBT Marel from a “hold” rating to a “buy” rating and increased their target price for the stock from $150.00 to $180.00 in a research report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of JBT Marel in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, JBT Marel currently has a consensus rating of “Buy” and an average target price of $174.50.

About JBT Marel

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.