WCM Investment Management LLC Buys Shares of 6,494 JBT Marel Corporation $JBTM

WCM Investment Management LLC purchased a new stake in JBT Marel Corporation (NYSE:JBTM) during the first quarter, according to its most recent filing with the SEC. The firm purchased 6,494 shares of the company’s stock, valued at approximately $797,000.

Other large investors have also recently made changes to their positions in the company. UMB Bank n.a. boosted its position in JBT Marel by 34.4% during 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 in the last quarter. Park Avenue Securities LLC raised its holdings in JBT Marel by 1.0% in the fourth quarter. Park Avenue Securities LLC now owns 6,576 shares of the company’s stock worth $991,000 after purchasing an additional 66 shares in the last quarter. Main Management ETF Advisors LLC lifted its position in shares of JBT Marel by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 7,047 shares of the company’s stock valued at $1,062,000 after buying an additional 72 shares during the last quarter. Group One Trading LLC lifted its position in shares of JBT Marel by 49.3% during the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after buying an additional 72 shares during the last quarter. Finally, Redmond Asset Management LLC boosted its holdings in shares of JBT Marel by 1.3% in the 4th quarter. Redmond Asset Management LLC now owns 7,788 shares of the company’s stock valued at $1,173,000 after buying an additional 101 shares in the last quarter. 98.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

JBTM has been the subject of several recent analyst reports. Seaport Research Partners set a $165.00 price objective on shares of JBT Marel in a research note on Thursday, May 21st. Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Oppenheimer assumed coverage on JBT Marel in a research report on Thursday, May 21st. They set an “outperform” rating and a $175.00 price target on the stock. Finally, Wall Street Zen lowered JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, JBT Marel presently has an average rating of “Moderate Buy” and an average price target of $174.67.

JBT Marel Price Performance

Shares of JBTM stock opened at $132.36 on Wednesday. JBT Marel Corporation has a fifty-two week low of $113.67 and a fifty-two week high of $170.19. 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 firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 41.36, a PEG ratio of 1.40 and a beta of 0.94. The stock’s 50-day simple moving average is $132.88 and its 200-day simple moving average is $140.69.

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

JBT Marel Dividend Announcement

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

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.