Squarepoint Ops LLC Sells 33,671 Shares of JBT Marel Corporation $JBTM

Key Points

• Squarepoint Ops LLC reduced its JBT Marel stake by 73.8% in the second quarter, selling 33,671 shares and retaining 11,951 shares worth approximately $1.73 million. Institutional investors collectively own 98.92% of the company.
• Analysts maintain a generally positive outlook, with four Buy ratings and two Hold ratings producing a consensus “Moderate Buy” rating and an average price target of $164.80, well above the reported $111.33 share price.
• JBT Marel reported quarterly revenue of $981 million and EPS of $1.95, slightly below the $2.02 consensus estimate. The company’s FY 2026 EPS guidance is $7.85–$8.35, and it recently paid a quarterly dividend of $0.10 per share.

Squarepoint Ops LLC trimmed its holdings in shares of JBT Marel Corporation (NYSE:JBTM - Free Report) by 73.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,951 shares of the company's stock after selling 33,671 shares during the quarter. Squarepoint Ops LLC's holdings in JBT Marel were worth $1,733,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Walleye Capital LLC bought a new position in JBT Marel in the second quarter worth about $3,953,000. Bank of America Corp DE boosted its holdings in shares of JBT Marel by 2.3% in the 1st quarter. Bank of America Corp DE now owns 466,741 shares of the company's stock valued at $59,682,000 after buying an additional 10,714 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of JBT Marel by 9,103.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,376 shares of the company's stock worth $3,522,000 after buying an additional 23,122 shares during the last quarter. BlackRock Inc. purchased a new position in shares of JBT Marel in the 2nd quarter worth approximately $1,150,221,000. Finally, Royce & Associates LP raised its stake in shares of JBT Marel by 4.4% during the 4th quarter. Royce & Associates LP now owns 668,588 shares of the company's stock worth $100,736,000 after acquiring an additional 28,335 shares in the last quarter. Institutional investors own 98.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on JBTM shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of JBT Marel in a report on Wednesday, September 2nd. KeyCorp started coverage on JBT Marel in a research report on Tuesday, August 25th. They issued an "overweight" rating and a $150.00 price objective for the company. Wall Street Zen downgraded JBT Marel from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Barclays started coverage on JBT Marel in a research note on Tuesday, September 8th. They issued an "overweight" rating and a $150.00 price target for the company. Finally, Seaport Research Partners set a $165.00 price target on JBT Marel in a research note on Thursday, May 21st. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $164.80.

JBT Marel Trading Down 0.4%

Shares of NYSE:JBTM opened at $111.33 on Wednesday. JBT Marel Corporation has a 52-week low of $110.19 and a 52-week high of $170.19. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 30.34, a PEG ratio of 1.23 and a beta of 0.92. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $125.45 and a 200-day moving average price of $130.32.

JBT Marel (NYSE:JBTM - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $1.95 EPS 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 firm had revenue of $981.00 million during the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. Equities analysts predict that JBT Marel Corporation will post 8.04 EPS for the current year.

JBT Marel Dividend Announcement

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

About JBT Marel

JBT Marel Corporation is a global food technology company that develops equipment, systems and services for the processing, preparation, packaging and handling of food and beverages. Its solutions are used by food producers, processors and manufacturers across the poultry, meat, seafood, prepared foods, fruit and vegetables, pet food, dairy and beverage industries.

The company's portfolio includes systems for portioning, weighing, sorting, grading, marinating, cooking, freezing, filling, packaging and automated material handling.

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