Natixis Advisors LLC Sells 5,544 Shares of JBT Marel Corporation $JBTM

by · The Markets Daily

Natixis Advisors LLC cut its stake in shares of JBT Marel Corporation (NYSE:JBTM – Free Report) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 228,354 shares of the company’s stock after selling 5,544 shares during the quarter. Natixis Advisors LLC owned approximately 0.44% of JBT Marel worth $34,407,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Lighthouse Investment Partners LLC grew its stake in shares of JBT Marel by 48.8% during the 3rd quarter. Lighthouse Investment Partners LLC now owns 37,679 shares of the company’s stock valued at $5,292,000 after acquiring an additional 12,349 shares during the period. Linden Advisors LP bought a new position in shares of JBT Marel during the 3rd quarter valued at approximately $12,149,000. Congress Asset Management Co. grew its stake in shares of JBT Marel by 5.6% during the 4th quarter. Congress Asset Management Co. now owns 493,139 shares of the company’s stock valued at $74,301,000 after acquiring an additional 26,161 shares during the period. Rhumbline Advisers grew its stake in shares of JBT Marel by 8.2% during the 3rd quarter. Rhumbline Advisers now owns 159,055 shares of the company’s stock valued at $22,339,000 after acquiring an additional 12,114 shares during the period. Finally, Bessemer Group Inc. grew its stake in shares of JBT Marel by 1,172.4% during the 3rd quarter. Bessemer Group Inc. now owns 170,165 shares of the company’s stock valued at $23,901,000 after acquiring an additional 156,791 shares during the period. 98.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on JBTM shares. Zacks Research downgraded JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Seaport Research Partners set a $165.00 price objective on JBT Marel in a research note on Thursday, May 21st. Oppenheimer started coverage on JBT Marel in a research note on Thursday, May 21st. They set an “outperform” rating and a $175.00 price objective for the company. Finally, Weiss Ratings upgraded JBT Marel from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $174.67.

Get Our Latest Research Report on JBT Marel

JBT Marel Trading Down 1.0%

JBTM stock opened at $125.34 on Friday. JBT Marel Corporation has a 1-year low of $113.67 and a 1-year high of $170.19. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 0.61. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 1.33 and a beta of 0.95. The business has a 50 day simple moving average of $129.50 and a two-hundred day simple moving average of $143.41.

JBT Marel (NYSE:JBTM – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, topping 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 previous year, the company earned $0.97 earnings per share. The company’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. Research analysts anticipate that JBT Marel Corporation will post 8.26 EPS for the current fiscal year.

JBT Marel Dividend Announcement

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

JBT Marel Company Profile

(Free Report)

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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