JBT Marel Corporation (NYSE:JBTM) Stock Has Average Target Price of $165.20 According to Brokerages

Shares of JBT Marel Corporation (NYSE:JBTM) have been assigned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $165.20.

JBTM has been the subject of a number of research reports. Barclays began coverage on shares of JBT Marel in a report on Tuesday, September 8th. They issued an “overweight” rating and a $150.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of JBT Marel in a research report on Wednesday, September 2nd. KeyCorp initiated coverage on shares of JBT Marel in a research report on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price objective on the stock. Finally, Robert W. Baird reduced their target price on JBT Marel from $188.00 to $171.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th.

Institutional Investors Weigh In On JBT Marel

Several large investors have recently modified their holdings of JBTM. Parallel Advisors LLC lifted its stake in JBT Marel by 1,211.8% in the first quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock valued at $29,000 after purchasing an additional 206 shares during the last quarter. Transamerica Financial Advisors LLC purchased a new position in JBT Marel in the 2nd quarter valued at approximately $41,000. Public Employees Retirement System of Ohio purchased a new stake in shares of JBT Marel during the second quarter worth $50,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of JBT Marel in the second quarter worth $51,000. Finally, State of Wyoming bought a new position in shares of JBT Marel in the second quarter worth $75,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Performance

Shares of JBTM stock opened at $109.58 on Friday. The firm has a 50 day moving average of $111.95 and a 200-day moving average of $124.89. The company has a market cap of $5.69 billion, a price-to-earnings ratio of 29.86, a price-to-earnings-growth ratio of 1.18 and a beta of 0.94. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.37. JBT Marel has a 52 week low of $102.97 and a 52 week high of $170.19.

JBT Marel (NYSE:JBTM) last released its earnings results on Monday, August 3rd. The company reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.07). The company had revenue of $981.00 million for the quarter. JBT Marel had a net margin of 4.89% and a return on equity of 8.75%. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. On average, equities analysts forecast that JBT Marel will post 8.04 earnings per share for the current year.

JBT Marel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. JBT Marel’s dividend payout ratio is 10.90%.

About JBT Marel

JBT Marel Corporation (NYSE: JBTM) is a global food processing technology company formed through the combination of JBT Corporation and Marel. The company develops, manufactures and services equipment, integrated production lines and software used throughout the food industry, from primary processing to packaging and related automation.

Its products and solutions support the processing of poultry, meat, fish, prepared foods, pet food, plant-based products, fruits and vegetables, and other food categories.