OneDigital Investment Advisors LLC Invests $812,000 in JBT Marel Corporation $JBTM

OneDigital Investment Advisors LLC bought a new position in shares of JBT Marel Corporation (NYSE:JBTM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,778 shares of the company’s stock, valued at approximately $812,000.

A number of other hedge funds have also added to or reduced their stakes in JBTM. Salomon & Ludwin LLC bought a new stake in JBT Marel during the 3rd quarter worth about $25,000. UMB Bank n.a. bought a new position in shares of JBT Marel in the 3rd quarter valued at about $27,000. First Horizon Corp acquired a new stake in shares of JBT Marel in the third quarter valued at about $27,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of JBT Marel in the second quarter valued at about $28,000. Finally, EverSource Wealth Advisors LLC bought a new stake in JBT Marel during the second quarter worth about $28,000. Institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Performance

JBTM opened at $157.70 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.98 and a debt-to-equity ratio of 0.33. JBT Marel Corporation has a 12-month low of $90.08 and a 12-month high of $170.19. The business has a 50 day moving average of $158.62 and a 200-day moving average of $146.11. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of -156.14, a PEG ratio of 1.38 and a beta of 1.01.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings results 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 business had revenue of $1.01 billion for the quarter. During the same quarter last year, the company posted $1.70 EPS. The firm’s 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. On average, equities research analysts expect that JBT Marel Corporation will post 5.21 earnings per share for the current year.

JBT Marel Announces Dividend

The business 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. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio is presently -17.86%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on JBTM. Weiss Ratings restated a “hold (c-)” rating on shares of JBT Marel in a research note on Thursday, January 22nd. Jefferies Financial Group upgraded JBT Marel from a “hold” rating to a “buy” rating and upped their price objective for the stock from $150.00 to $180.00 in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $174.50.

Insider Buying and Selling at JBT Marel

In other news, Director Olafur S. Gudmundsson sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $150.09, for a total transaction of $1,500,900.00. Following the completion of the sale, the director owned 9,980 shares in the company, valued at approximately $1,497,898.20. This trade represents a 50.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.69% of the stock is owned by insiders.

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.