Key Points
- CEO Brian Deck sold 8,634 shares on March 3 at an average of $150.51 for about $1.30M, trimming his stake by 6.33% to 127,667 shares valued at roughly $19.2M.
- JBT Marel beat quarterly EPS estimates with $1.98 (vs. $1.92) on $1.01B of revenue (up 115.6% YoY) and set FY2026 guidance at 8.000–8.500 EPS.
- The company announced a quarterly dividend of $0.10 (annualized $0.40, yield 0.3%), while analysts have a consensus Buy rating with an average price target of $174.50 and institutional ownership at 98.92%.
JBT Marel Corporation (NYSE:JBTM - Get Free Report) CEO Brian Deck sold 8,634 shares of the business's stock in a transaction on Tuesday, March 3rd. The stock was 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 directly owned 127,667 shares of the company's stock, valued at approximately $19,215,160.17. The trade was a 6.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
JBT Marel Stock Up 1.2%
Shares of NYSE JBTM opened at $154.87 on Thursday. JBT Marel Corporation has a 52-week low of $90.08 and a 52-week high of $170.19. The company has a quick ratio of 0.58, a current ratio of 0.98 and a debt-to-equity ratio of 0.33. The company's 50-day simple moving average is $158.54 and its 200-day simple moving average is $146.53. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of -153.34, a price-to-earnings-growth ratio of 1.62 and a beta of 0.97.
JBT Marel (NYSE:JBTM - Get Free Report) last posted its quarterly earnings data on Monday, February 23rd. The company reported $1.98 EPS for the quarter, topping the consensus estimate 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 company had revenue of $1.01 billion during the quarter. During the same quarter last year, the firm posted $1.70 earnings per share. JBT Marel's quarterly revenue was up 115.6% on a year-over-year basis. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities analysts predict that JBT Marel Corporation will post 5.21 EPS for the current fiscal year.
JBT Marel Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 9th will be issued a $0.10 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. JBT Marel's dividend payout ratio is presently -39.60%.
Institutional Trading of JBT Marel
Several hedge funds have recently modified their holdings of JBTM. Salomon & Ludwin LLC purchased a new stake in JBT Marel during the 3rd quarter worth about $25,000. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel in the fourth quarter valued at approximately $25,000. First Horizon Corp purchased a new position in JBT Marel in the third quarter worth approximately $27,000. UMB Bank n.a. acquired a new stake in shares of JBT Marel in the 3rd quarter valued at $27,000. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of JBT Marel during the 2nd quarter worth $28,000. 98.92% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Zacks Research raised JBT Marel from a "hold" rating to a "strong-buy" rating in a research note on Monday. Weiss Ratings reissued a "hold (c-)" rating on shares of JBT Marel in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group raised shares of JBT Marel from a "hold" rating to a "buy" rating and upped their target price for the company from $150.00 to $180.00 in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $174.50.
Read Our Latest Analysis on JBTM
About JBT Marel
(
Get Free Report)
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.
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