SG Americas Securities LLC Grows Position in JBT Marel Corporation $JBTM

SG Americas Securities LLC lifted its holdings in shares of JBT Marel Corporation (NYSE:JBTM) by 4,430.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,772 shares of the company’s stock after purchasing an additional 166,025 shares during the quarter. SG Americas Securities LLC owned 0.33% of JBT Marel worth $25,580,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Salomon & Ludwin LLC purchased a new stake in JBT Marel in the third quarter valued at approximately $25,000. First Horizon Corp purchased a new position in JBT Marel in the 3rd quarter worth approximately $27,000. UMB Bank n.a. bought a new position in shares of JBT Marel in the 3rd quarter worth $27,000. Steward Partners Investment Advisory LLC bought a new position in shares of JBT Marel in the 2nd quarter worth $28,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of JBT Marel during the 2nd quarter valued at $28,000. 98.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on JBTM. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of JBT Marel in a report on Thursday, January 22nd. Zacks Research upgraded JBT Marel from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Finally, Jefferies Financial Group raised JBT Marel from a “hold” rating to a “buy” rating and lifted their price target for the stock from $150.00 to $180.00 in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $174.50.

Insider Transactions at JBT Marel

In other news, CEO Brian A. Deck sold 8,634 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $150.51, for a total transaction of $1,299,503.34. Following the transaction, the chief executive officer directly owned 127,667 shares of the company’s stock, valued at approximately $19,215,160.17. This trade represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.69% of the stock is currently owned by insiders.

JBT Marel Stock Down 0.5%

Shares of NYSE JBTM opened at $130.93 on Friday. The stock has a market capitalization of $6.81 billion, a P/E ratio of -129.63, a PEG ratio of 1.39 and a beta of 0.97. JBT Marel Corporation has a one year low of $90.08 and a one year high of $170.19. The firm’s 50 day simple moving average is $152.29 and its two-hundred day simple moving average is $145.70. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.58.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, February 23rd. The company reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.06. JBT Marel had a negative net margin of 1.33% and a positive return on equity of 7.68%. The firm had revenue of $1.01 billion during the quarter. During the same quarter in the previous year, the firm posted $1.70 earnings per share. The company’s revenue 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. As a group, analysts expect that JBT Marel Corporation will post 5.21 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 9th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. JBT Marel’s dividend payout ratio is presently -39.60%.

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.