William Blair Investment Management LLC Sells 18,792 Shares of JBT Marel Corporation $JBTM

William Blair Investment Management LLC cut its stake in JBT Marel Corporation (NYSE:JBTM) by 6.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 269,712 shares of the company’s stock after selling 18,792 shares during the quarter. William Blair Investment Management LLC’s holdings in JBT Marel were worth $40,638,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of JBTM. Alliancebernstein L.P. bought a new stake in shares of JBT Marel in the 2nd quarter valued at about $135,854,000. Gildi lifeyrissjodur bought a new stake in shares of JBT Marel in the 4th quarter valued at about $170,862,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of JBT Marel in the 2nd quarter valued at about $77,963,000. P2 Capital Partners LLC bought a new stake in shares of JBT Marel in the 2nd quarter valued at about $65,536,000. Finally, Adage Capital Partners GP L.L.C. bought a new stake in shares of JBT Marel in the 2nd quarter valued at about $63,931,000. 98.92% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other JBT Marel news, CEO Brian A. Deck sold 10,000 shares of the company’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 transaction of $1,513,900.00. Following the completion of the transaction, the chief executive officer owned 136,301 shares of the company’s stock, valued at $20,634,608.39. This represents a 6.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.64% of the stock is currently owned by company insiders.

JBT Marel Price Performance

Shares of JBTM opened at $132.11 on Monday. 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 has a 50 day simple moving average of $129.24 and a 200 day simple moving average of $143.94. JBT Marel Corporation has a 52-week low of $111.07 and a 52-week high of $170.19. The firm has a market capitalization of $6.88 billion, a PE ratio of 41.29, a P/E/G ratio of 1.38 and a beta of 0.92.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings data on Monday, May 4th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter. During the same quarter in the prior year, the firm posted $0.97 earnings per share. JBT Marel’s revenue for the quarter was up 9.6% compared to the same quarter last year. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Sell-side analysts predict that JBT Marel Corporation will post 8.26 EPS for the current fiscal year.

JBT Marel Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. JBT Marel’s dividend payout ratio is 12.50%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on JBTM shares. Weiss Ratings upgraded JBT Marel from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Oppenheimer started coverage on JBT Marel in a research report on Thursday. They issued an “outperform” rating and a $175.00 price objective for the company. Finally, Seaport Research Partners set a $165.00 price objective on JBT Marel in a research report on Thursday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $174.67.

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.