Regents Gate Capital LLP Sells 54,490 Shares of JBT Marel Corporation $JBTM

Regents Gate Capital LLP trimmed its stake in shares of JBT Marel Corporation (NYSE:JBTM) by 72.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,609 shares of the company’s stock after selling 54,490 shares during the quarter. JBT Marel makes up about 1.0% of Regents Gate Capital LLP’s portfolio, making the stock its 26th largest holding. Regents Gate Capital LLP’s holdings in JBT Marel were worth $3,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Eurizon Capital SGR S.p.A. bought a new stake in shares of JBT Marel during the fourth quarter worth $25,000. CI Investments Inc. boosted its holdings in JBT Marel by 69.2% in the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter. Group One Trading LLC boosted its holdings in JBT Marel by 49.3% in the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after acquiring an additional 72 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in JBT Marel during the 2nd quarter valued at approximately $28,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in JBT Marel during the 2nd quarter worth approximately $29,000. Institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Performance

Shares of JBTM stock opened at $123.23 on Friday. The firm has a 50 day moving average of $129.04 and a 200-day moving average of $142.98. The company has a market cap of $6.42 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 1.25 and a beta of 0.95. The company has a quick ratio of 0.61, a current ratio of 1.01 and a debt-to-equity ratio of 0.32. JBT Marel Corporation has a 52 week low of $113.67 and a 52 week high of $170.19.

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

JBT Marel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, May 26th. This represents a $0.40 annualized dividend and a yield of 0.3%. JBT Marel’s dividend payout ratio is 12.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Oppenheimer started coverage on shares of JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price on the stock. Seaport Research Partners set a $165.00 price target on shares of JBT Marel in a research report on Thursday, May 21st. Finally, Zacks Research downgraded JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, JBT Marel presently has a consensus rating of “Moderate Buy” and an average price target of $174.67.

JBT Marel 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.