Corient Private Wealth LP Makes New Investment in JBT Marel Corporation $JBTM

Key Points

• Corient Private Wealth acquired 12,213 shares of JBT Marel worth approximately $1.77 million, adding to the company’s heavily institutional ownership base of 98.92%.
• JBT Marel reported quarterly EPS of $1.95, below the $2.02 analyst consensus, while generating $981 million in revenue. Shares opened at $117.54, near their one-year low of $113.23.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and a $168.50 target price; the company also pays a quarterly dividend of $0.10, yielding 0.3% annually.

Corient Private Wealth LP acquired a new stake in JBT Marel Corporation (NYSE:JBTM - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,213 shares of the company's stock, valued at approximately $1,771,000.

A number of other hedge funds also recently made changes to their positions in the business. Eurizon Capital SGR S.p.A. acquired a new position in shares of JBT Marel during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC bought a new stake in JBT Marel in the 2nd quarter valued at $28,000. Parallel Advisors LLC lifted its holdings in JBT Marel by 1,211.8% during the 1st 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. Northwestern Mutual Wealth Management Co. acquired a new stake in JBT Marel during the 2nd quarter valued at $29,000. Finally, Group One Trading LLC boosted its position in JBT Marel by 49.3% during the third quarter. Group One Trading LLC now owns 218 shares of the company's stock worth $31,000 after purchasing an additional 72 shares during the period. 98.92% of the stock is owned by institutional investors and hedge funds.

JBT Marel Stock Performance

NYSE:JBTM opened at $117.54 on Friday. The stock has a 50 day simple moving average of $130.20 and a 200 day simple moving average of $133.04. The stock has a market cap of $6.10 billion, a P/E ratio of 32.03, a PEG ratio of 1.28 and a beta of 0.92. JBT Marel Corporation has a 1-year low of $113.23 and a 1-year high of $170.19. The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37.

JBT Marel (NYSE:JBTM - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $1.95 EPS for the quarter, missing analysts' consensus estimates of $2.02 by ($0.07). The firm had revenue of $981.00 million during 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. Research analysts anticipate that JBT Marel Corporation will post 8.04 earnings per share for the current year.

JBT Marel Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were paid a $0.10 dividend. The ex-dividend date was Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel's dividend payout ratio is 10.90%.

Wall Street Analyst Weigh In

JBTM has been the topic of several research reports. Oppenheimer started coverage on shares of JBT Marel in a report on Thursday, May 21st. They issued an "outperform" rating and a $175.00 price objective on the stock. KeyCorp began coverage on shares of JBT Marel in a research note on Tuesday, August 25th. They set an "overweight" rating and a $150.00 target price for the company. Wall Street Zen downgraded shares of JBT Marel from a "buy" rating to a "hold" rating in a report on Sunday, June 21st. Weiss Ratings lowered shares of JBT Marel from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, June 5th. Finally, Seaport Research Partners set a $165.00 price target on shares of JBT Marel in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $168.50.

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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