JBT Marel (NYSE:JBTM) Trading 2.7% Higher - What's Next?

Key Points

• JBT Marel Corporation shares increased by 2.7%, trading at $140.16, with a significant jump in trading volume reflecting investor interest.
• Wall Street analysts have upgraded the stock from a "market perform" to an "outperform" rating, with a consensus price target of $143.00.
• The company reported a quarterly earnings per share (EPS) of $1.49, exceeding estimates by $0.22, alongside a year-over-year revenue increase of 132.4%.

JBT Marel Corporation (NYSE:JBTM - Get Free Report) rose 2.7% on Thursday . The company traded as high as $140.60 and last traded at $140.16. Approximately 502,954 shares changed hands during trading, an increase of 13% from the average daily volume of 443,817 shares. The stock had previously closed at $136.52.

Analyst Ratings Changes

Separately, William Blair upgraded shares of JBT Marel from a "market perform" rating to an "outperform" rating in a research note on Wednesday, August 6th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, JBT Marel presently has a consensus rating of "Buy" and a consensus price target of $143.00.

JBT Marel Trading Up 0.4%

The company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. The firm's 50-day simple moving average is $137.90 and its 200 day simple moving average is $123.35. The stock has a market capitalization of $7.10 billion, a P/E ratio of -59.64, a PEG ratio of 1.92 and a beta of 1.24.

JBT Marel (NYSE:JBTM - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.22. JBT Marel had a negative net margin of 5.08% and a positive return on equity of 7.96%. The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $898.77 million. The firm's revenue was up 132.4% compared to the same quarter last year. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. Equities research analysts anticipate that JBT Marel Corporation will post 5.21 EPS for the current fiscal year.

JBT Marel Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel's dividend payout ratio is currently -17.47%.

Institutional Trading of JBT Marel

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC acquired a new stake in shares of JBT Marel during the second quarter valued at approximately $141,026,000. Alliancebernstein L.P. acquired a new stake in JBT Marel during the 2nd quarter valued at $135,854,000. Champlain Investment Partners LLC acquired a new position in JBT Marel during the second quarter valued at $85,029,000. Bamco Inc. NY purchased a new stake in JBT Marel in the 2nd quarter worth about $84,182,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in JBT Marel in the 2nd quarter worth about $83,397,000. Institutional investors and hedge funds own 98.92% of the company's stock.

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.