15,411 Shares in JBT Marel Corporation $JBTM Acquired by Smith Chas P & Associates PA Cpas

Key Points

• Smith Chas P & Associates PA Cpas acquired a new stake in JBT Marel Corporation, purchasing 15,411 shares valued at approximately $1,853,000 in the second quarter.
• JBT Marel's stock received an upgrade from William Blair, moving from a "market perform" to an "outperform" rating, with a current consensus target price of $143.00.
• The company reported a quarterly EPS of $1.49, exceeding estimates, while revenue surged 132.4% compared to the same quarter last year, totaling $934.80 million.

Smith Chas P & Associates PA Cpas acquired a new stake in JBT Marel Corporation (NYSE:JBTM - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 15,411 shares of the company's stock, valued at approximately $1,853,000.

Other large investors also recently modified their holdings of the company. Congress Asset Management Co. acquired a new position in JBT Marel in the second quarter valued at about $53,515,000. PineStone Asset Management Inc. bought a new position in JBT Marel in the second quarter valued at approximately $10,490,000. State of Alaska Department of Revenue acquired a new position in JBT Marel during the second quarter valued at approximately $3,308,000. Avior Wealth Management LLC acquired a new stake in shares of JBT Marel in the 2nd quarter valued at $1,002,000. Finally, Sage Rhino Capital LLC acquired a new position in JBT Marel during the 2nd quarter worth approximately $208,000. 98.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, William Blair raised JBT Marel from a "market perform" rating to an "outperform" rating in a report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, JBT Marel currently has a consensus rating of "Buy" and a consensus target price of $143.00.

JBT Marel Stock Performance

Shares of JBT Marel stock opened at $137.45 on Monday. The stock has a market cap of $7.14 billion, a price-to-earnings ratio of -60.02, a P/E/G ratio of 1.92 and a beta of 1.24. JBT Marel Corporation has a twelve month low of $90.08 and a twelve month high of $148.76. The company's fifty day moving average is $138.71 and its 200 day moving average is $123.75. The company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35.

JBT Marel (NYSE:JBTM - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.27 by $0.22. The firm had revenue of $934.80 million for the quarter, compared to the consensus estimate of $898.77 million. JBT Marel had a positive return on equity of 7.96% and a negative net margin of 5.08%.JBT Marel's revenue was up 132.4% compared to the same quarter last year. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. Sell-side analysts forecast that JBT Marel Corporation will post 5.21 EPS for the current year.

JBT Marel Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 18th. JBT Marel's dividend payout ratio (DPR) is presently -17.47%.

JBT Marel 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.

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