JBT Marel Corporation (NYSE:JBTM) Plans $0.10 Quarterly Dividend

JBT Marel Corporation (NYSE:JBTMGet Free Report) declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Tuesday, May 26th will be paid a dividend of 0.10 per share on Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, May 26th.

JBT Marel Price Performance

Shares of NYSE:JBTM opened at $125.98 on Friday. JBT Marel has a 1-year low of $111.07 and a 1-year high of $170.19. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 0.61. The business has a fifty day moving average price of $131.66 and a 200-day moving average price of $143.86. The company has a market capitalization of $6.56 billion, a PE ratio of 39.37, a PEG ratio of 1.32 and a beta of 0.92.

JBT Marel (NYSE:JBTMGet Free Report) last issued its quarterly earnings results on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.09. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The firm had revenue of $936.00 million during the quarter. During the same quarter in the previous year, the business earned $0.97 earnings per share. JBT Marel’s revenue was up 9.6% compared to the same quarter last year. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, equities analysts expect that JBT Marel will post 8.24 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Brian A. Deck sold 8,634 shares of JBT Marel stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $150.51, for a total value of $1,299,503.34. Following the completion of the sale, the chief executive officer directly owned 127,667 shares in the company, valued at approximately $19,215,160.17. This trade represents a 6.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On JBT Marel

Large investors have recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. bought a new stake in shares of JBT Marel during the 4th quarter valued at about $25,000. First Horizon Corp purchased a new position in shares of JBT Marel during the 3rd quarter valued at about $27,000. UMB Bank n.a. purchased a new position in shares of JBT Marel during the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC purchased a new position in shares of JBT Marel during the 2nd quarter valued at about $28,000. Finally, CI Investments Inc. lifted its position in shares of JBT Marel by 69.2% during the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. 98.92% of the stock is currently owned by institutional investors.

About JBT Marel

(Get Free Report)

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.

Further Reading

Dividend History for JBT Marel (NYSE:JBTM)

Receive News & Ratings for JBT Marel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JBT Marel and related companies with MarketBeat.com's FREE daily email newsletter.