JBT Marel Corporation $JBTM Stake Cut by Cetera Investment Advisers

Key Points

• Cetera Investment Advisers reduced its JBT Marel stake by 91.9% in the first quarter, selling 110,839 shares and retaining 9,752 shares valued at $1.25 million. Other institutions increased or initiated positions, while institutional investors collectively own 98.92% of the company.
• JBT Marel reported quarterly earnings of $1.95 per share, missing the $2.02 consensus estimate, on revenue of $981 million. The company issued fiscal 2026 EPS guidance of $7.85–$8.35.
• The stock opened at $118.43, well below its 52-week high of $170.19, while analysts maintain a “Moderate Buy” consensus and an average price target of $174.67. JBT Marel also declared a quarterly dividend of $0.10 per share, implying a 0.3% yield.

Cetera Investment Advisers cut its holdings in shares of JBT Marel Corporation (NYSE:JBTM - Free Report) by 91.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,752 shares of the company's stock after selling 110,839 shares during the quarter. Cetera Investment Advisers' holdings in JBT Marel were worth $1,247,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. First Trust Advisors LP increased its holdings in shares of JBT Marel by 27.3% in the 1st quarter. First Trust Advisors LP now owns 96,090 shares of the company's stock valued at $12,287,000 after purchasing an additional 20,610 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of JBT Marel by 11.1% during the first quarter. PNC Financial Services Group Inc. now owns 3,928 shares of the company's stock worth $502,000 after purchasing an additional 391 shares during the period. Summit Global Investments acquired a new stake in shares of JBT Marel during the first quarter worth approximately $517,000. WCM Investment Management LLC acquired a new stake in shares of JBT Marel during the first quarter worth approximately $797,000. Finally, Dimensional Fund Advisors LP grew its position in JBT Marel by 6.1% during the first quarter. Dimensional Fund Advisors LP now owns 76,991 shares of the company's stock valued at $9,845,000 after purchasing an additional 4,402 shares in the last quarter. Hedge funds and other institutional investors own 98.92% of the company's stock.

JBT Marel Stock Performance

JBTM stock opened at $118.43 on Thursday. The firm has a 50 day moving average of $133.71 and a two-hundred day moving average of $138.03. JBT Marel Corporation has a 12 month low of $113.67 and a 12 month high of $170.19. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 32.27, a P/E/G ratio of 1.34 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 (NYSE:JBTM - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $2.02 by ($0.07). JBT Marel had a net margin of 4.89% and a return on equity of 8.75%. The business had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, equities analysts anticipate that JBT Marel Corporation will post 8.05 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, August 17th. JBT Marel's payout ratio is presently 10.90%.

Analysts Set New Price Targets

JBTM has been the topic of several research reports. Seaport Research Partners set a $165.00 price objective on shares of JBT Marel in a research note on Thursday, May 21st. Oppenheimer began coverage on shares of JBT Marel in a report on Thursday, May 21st. They set an "outperform" rating and a $175.00 price target on the stock. Zacks Research downgraded shares of JBT Marel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 28th. Wall Street Zen downgraded shares of JBT Marel from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Finally, Weiss Ratings lowered JBT Marel from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, June 5th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, JBT Marel currently has an average rating of "Moderate Buy" and a consensus target price of $174.67.

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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