Congress Asset Management Co. Has $74.30 Million Stock Position in JBT Marel Corporation $JBTM

Key Points

• Congress Asset Management raised its JBT Marel stake to 493,139 shares (worth $74.30 million), a 5.6% increase that represents about 0.95% ownership; institutional investors own roughly 98.9% of the stock.
• Brokerages have recently upgraded JBTM (Zacks to "strong-buy", Jefferies to "buy" with a $180 target), leaving a MarketBeat consensus rating of "Buy" and a consensus price target of $174.50.
• CEO Brian A. Deck sold 8,634 shares at an average $150.51 (reducing his stake by 6.33%), while the company reported quarterly EPS of $1.98 (beating estimates) and set FY2026 guidance of 8.00–8.50 EPS.

Congress Asset Management Co. boosted its holdings in JBT Marel Corporation (NYSE:JBTM - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 493,139 shares of the company's stock after purchasing an additional 26,161 shares during the quarter. Congress Asset Management Co. owned about 0.95% of JBT Marel worth $74,301,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JBTM. Allworth Financial LP acquired a new stake in shares of JBT Marel during the 2nd quarter worth approximately $30,000. PNC Financial Services Group Inc. acquired a new position in shares of JBT Marel during the 2nd quarter valued at $348,000. Creative Planning bought a new position in JBT Marel during the second quarter worth $1,467,000. Ensign Peak Advisors Inc bought a new position in JBT Marel during the second quarter worth $1,429,000. Finally, Handelsbanken Fonder AB acquired a new stake in JBT Marel in the second quarter worth $1,161,000. 98.92% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on JBTM. Weiss Ratings reiterated a "hold (c-)" rating on shares of JBT Marel in a report on Thursday, January 22nd. Zacks Research upgraded JBT Marel from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 2nd. Finally, Jefferies Financial Group raised JBT Marel from a "hold" rating to a "buy" rating and boosted their target price for the company from $150.00 to $180.00 in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $174.50.

Insider Buying and Selling

In other news, CEO Brian A. Deck sold 8,634 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $150.51, for a total value of $1,299,503.34. Following the completion of the sale, the chief executive officer directly owned 127,667 shares of the company's stock, valued at $19,215,160.17. This represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.10% of the company's stock.

JBT Marel Stock Performance

JBTM opened at $128.16 on Tuesday. JBT Marel Corporation has a 1-year low of $90.08 and a 1-year high of $170.19. The company has a market cap of $6.66 billion, a price-to-earnings ratio of -126.89, a PEG ratio of 1.35 and a beta of 0.97. The company's fifty day moving average price is $153.94 and its two-hundred day moving average price is $146.01. The company has a current ratio of 0.98, a quick ratio of 0.58 and a debt-to-equity ratio of 0.33.

JBT Marel (NYSE:JBTM - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The company reported $1.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.06. The firm had revenue of $1.01 billion during the quarter. JBT Marel had a negative net margin of 1.33% and a positive return on equity of 7.68%. The firm's quarterly revenue was up 115.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.70 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. On average, analysts expect that JBT Marel Corporation will post 5.21 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 9th 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 of this dividend was Monday, March 9th. JBT Marel's payout ratio is currently -39.60%.

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.

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