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JBT Marel Corporation $JBTM Stock Sold by Confluence Investment Management LLC

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Key Points

  • Confluence Investment Management cut its JBT Marel holdings by 21.3% in the third quarter, selling 10,637 shares and retaining 39,309 shares valued at approximately $4.15 million. Institutional investors collectively own 98.92% of the company.
  • Analysts remain broadly positive, with five Buy ratings and two Hold ratings producing a consensus “Moderate Buy” recommendation and an average price target of $165.20, despite one analyst lowering its target to $171.
  • JBT Marel reported quarterly EPS of $1.95, below the $2.02 consensus estimate, while issuing fiscal 2026 EPS guidance of $7.85–$8.35. The company also maintains a quarterly dividend of $0.10 per share, yielding approximately 0.4% annually.
  • Five stocks we like better than JBT Marel.

Confluence Investment Management LLC lowered its holdings in shares of JBT Marel Corporation (NYSE:JBTM - Free Report) by 21.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,309 shares of the company's stock after selling 10,637 shares during the period. Confluence Investment Management LLC owned about 0.08% of JBT Marel worth $4,151,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel during the 4th quarter valued at $25,000. Parallel Advisors LLC raised its holdings in shares of JBT Marel by 1,211.8% in the first quarter. Parallel Advisors LLC now owns 223 shares of the company's stock worth $29,000 after acquiring an additional 206 shares during the last quarter. Transamerica Financial Advisors LLC acquired a new position in shares of JBT Marel in the second quarter worth $41,000. Public Employees Retirement System of Ohio purchased a new stake in shares of JBT Marel in the second quarter valued at $50,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in shares of JBT Marel in the second quarter valued at $51,000. Hedge funds and other institutional investors own 98.92% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of JBT Marel in a research note on Wednesday, September 2nd. Robert W. Baird cut their target price on shares of JBT Marel from $188.00 to $171.00 and set an "outperform" rating for the company in a research note on Thursday, September 24th. Barclays started coverage on shares of JBT Marel in a report on Tuesday, September 8th. They issued an "overweight" rating and a $150.00 target price on the stock. KeyCorp started coverage on shares of JBT Marel in a research note on Tuesday, August 25th. They set an "overweight" rating and a $150.00 price target on the stock. Finally, Wall Street Zen downgraded shares of JBT Marel from a "buy" rating to a "hold" rating in a report on Sunday, June 21st. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, JBT Marel currently has a consensus rating of "Moderate Buy" and an average target price of $165.20.

Get Our Latest Report on JBTM

JBT Marel Trading Up 1.2%

NYSE JBTM opened at $106.91 on Friday. JBT Marel Corporation has a 12 month low of $104.45 and a 12 month high of $170.19. The company has a 50-day moving average of $119.30 and a 200-day moving average of $127.16. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.24 and a quick ratio of 0.70. The company has a market cap of $5.55 billion, a P/E ratio of 29.13, a P/E/G ratio of 1.17 and a beta of 0.94.

JBT Marel (NYSE:JBTM - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.02 by ($0.07). The company had revenue of $981.00 million during the quarter. JBT Marel had a return on equity of 8.75% and a net margin of 4.89%.JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, equities analysts predict that JBT Marel Corporation will post 8.04 earnings per share for the current year.

JBT Marel Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, August 17th. JBT Marel's dividend payout ratio is presently 10.90%.

JBT Marel Company Profile

(Free Report)

JBT Marel Corporation NYSE: JBTM is a global food and beverage technology company formed through the combination of JBT Corporation and Marel. The company develops equipment, integrated processing lines and software designed to help food producers automate operations, improve productivity and support food safety and sustainability.

Its products and services serve a broad range of food-processing markets, including poultry, meat, seafood, prepared foods, fruit and vegetables, dairy and pet food.

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Institutional Ownership by Quarter for JBT Marel (NYSE:JBTM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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