JBT Marel (NYSE:JBTM – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 8.000-8.500 for the period, compared to the consensus estimate of 7.610. The company issued revenue guidance of $4.0 billion-$4.1 billion, compared to the consensus revenue estimate of $3.9 billion.
Analysts Set New Price Targets
Several equities analysts have weighed in on JBTM shares. Jefferies Financial Group upgraded JBT Marel from a “hold” rating to a “buy” rating and raised their price target for the company from $150.00 to $180.00 in a report on Wednesday, December 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of JBT Marel in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, JBT Marel has a consensus rating of “Moderate Buy” and an average price target of $174.50.
View Our Latest Research Report on JBT Marel
JBT Marel Trading Down 0.7%
JBT Marel (NYSE:JBTM – Get Free Report) last announced its earnings results on Monday, February 23rd. The company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.06. JBT Marel had a positive return on equity of 7.88% and a negative net margin of 3.39%.The firm had revenue of $1.01 billion during the quarter. During the same quarter last year, the firm posted $1.70 EPS. JBT Marel’s revenue for the quarter was up 115.6% compared to the same quarter last year. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Research analysts predict that JBT Marel will post 5.21 earnings per share for the current year.
JBT Marel Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 15th were given a dividend of $0.10 per share. The ex-dividend date was Monday, December 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. JBT Marel’s payout ratio is -17.86%.
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 value 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.69% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Group One Trading LLC lifted its holdings in JBT Marel by 49.3% during the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after buying an additional 72 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of JBT Marel during the second quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of JBT Marel during the second quarter valued at approximately $29,000. UMB Bank n.a. boosted its holdings in shares of JBT Marel by 34.4% in the fourth 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 period. Finally, Danske Bank A S bought a new position in JBT Marel in the third quarter worth approximately $56,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.
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.
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