JBT Marel (NYSE:JBTM) Issues Quarterly Earnings Results, Beats Expectations By $0.09 EPS

JBT Marel (NYSE:JBTM) released its quarterly earnings results on Monday. The company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.09, Zacks reports. The business had revenue of $936.00 million during the quarter. JBT Marel had a return on equity of 8.28% and a net margin of 4.32%.The business’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.97 earnings per share. JBT Marel updated its FY 2026 guidance to 8.000-8.500 EPS.

JBT Marel Price Performance

NYSE JBTM traded up $5.11 during midday trading on Wednesday, hitting $136.40. The company had a trading volume of 296,614 shares, compared to its average volume of 560,747. The company has a market capitalization of $7.10 billion, a PE ratio of 42.60, a P/E/G ratio of 1.23 and a beta of 0.92. The company has a current ratio of 0.98, a quick ratio of 0.58 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average price of $135.18 and a 200-day moving average price of $143.80. JBT Marel has a twelve month low of $105.27 and a twelve month high of $170.19.

JBT Marel Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on JBTM shares. Weiss Ratings reissued a “hold (c-)” rating on shares of JBT Marel in a report on Tuesday, April 21st. Zacks Research cut JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, JBT Marel presently has an average rating of “Moderate Buy” and an average target price of $174.50.

Insiders Place Their Bets

In other JBT Marel news, CEO Brian A. Deck sold 10,000 shares of JBT Marel stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $151.39, for a total value of $1,513,900.00. Following the completion of the transaction, the chief executive officer directly owned 136,301 shares of the company’s stock, valued at $20,634,608.39. The trade was a 6.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On JBT Marel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. increased its stake in shares of JBT Marel by 34.4% in the 4th quarter. UMB Bank n.a. now owns 254 shares of the company’s stock valued at $38,000 after purchasing an additional 65 shares during the last quarter. Group One Trading LLC increased its stake in shares of JBT Marel by 49.3% in the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after purchasing an additional 72 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of JBT Marel by 44.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 367 shares of the company’s stock valued at $55,000 after purchasing an additional 113 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of JBT Marel by 5.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,261 shares of the company’s stock valued at $341,000 after purchasing an additional 115 shares during the last quarter. Finally, Lido Advisors LLC increased its stake in shares of JBT Marel by 4.1% in the 4th quarter. Lido Advisors LLC now owns 3,022 shares of the company’s stock valued at $432,000 after purchasing an additional 119 shares during the last quarter. 98.92% of the stock is owned by institutional investors and hedge funds.

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.