JBT Marel Corporation (JBTM) to Issue Quarterly Dividend of $0.10 on June 9th

JBT Marel Corporation (NYSE:JBTM) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Tuesday, May 26th will be paid a dividend of 0.10 per share on Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, May 26th.

JBT Marel Price Performance

Shares of JBTM stock opened at $132.11 on Friday. JBT Marel has a fifty-two week low of $111.07 and a fifty-two week high of $170.19. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of 41.29, a PEG ratio of 1.38 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 1.01. The stock’s 50-day simple moving average is $129.24 and its 200-day simple moving average is $143.80.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings results on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.09. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The business had revenue of $936.00 million for the quarter. During the same quarter in the previous year, the firm posted $0.97 EPS. JBT Marel’s revenue was up 9.6% on a year-over-year basis. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, equities analysts forecast that JBT Marel will post 8.26 earnings per share for the current fiscal year.

Insider Transactions at JBT Marel

In other JBT Marel news, CEO Brian A. Deck sold 10,000 shares of the business’s stock in a transaction that occurred 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 approximately $20,634,608.39. The trade was a 6.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JBTM. Eurizon Capital SGR S.p.A. acquired a new position in JBT Marel in the fourth quarter valued at approximately $25,000. UMB Bank n.a. acquired a new position in JBT Marel in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC acquired a new position in JBT Marel in the second quarter valued at approximately $28,000. CI Investments Inc. raised its stake in shares of JBT Marel by 69.2% during the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of JBT Marel by 1,211.8% during the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after buying an additional 206 shares during the period. 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.