Exchange Traded Concepts LLC Increases Stock Position in JBT Marel Corporation $JBTM

Exchange Traded Concepts LLC lifted its position in shares of JBT Marel Corporation (NYSE:JBTM) by 17.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 130,283 shares of the company’s stock after buying an additional 18,971 shares during the period. Exchange Traded Concepts LLC owned approximately 0.25% of JBT Marel worth $19,630,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Salomon & Ludwin LLC acquired a new position in JBT Marel in the third quarter valued at $25,000. First Horizon Corp purchased a new stake in JBT Marel during the third quarter valued at about $27,000. UMB Bank n.a. acquired a new stake in JBT Marel during the third quarter worth about $27,000. Steward Partners Investment Advisory LLC acquired a new stake in JBT Marel during the second quarter worth about $28,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of JBT Marel in the 2nd quarter worth about $28,000. 98.92% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at JBT Marel

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

JBT Marel Stock Down 5.6%

Shares of NYSE JBTM opened at $123.64 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.98. JBT Marel Corporation has a 1 year low of $90.08 and a 1 year high of $170.19. The stock’s 50-day simple moving average is $151.58 and its 200-day simple moving average is $145.62. The firm has a market cap of $6.43 billion, a price-to-earnings ratio of -122.41, a PEG ratio of 1.31 and a beta of 0.97.

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

JBT Marel Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 9th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. JBT Marel’s dividend payout ratio is -39.60%.

Analyst Ratings Changes

Several research firms have recently weighed in on JBTM. Jefferies Financial Group raised JBT Marel from a “hold” rating to a “buy” rating and lifted their price objective for the company from $150.00 to $180.00 in a research note on Wednesday, December 10th. Zacks Research raised shares of JBT Marel from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. 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 given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $174.50.

JBT Marel Company Profile

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.