Northwestern Mutual Wealth Management Co. raised its holdings in shares of JBT Marel Corporation (NYSE:JBTM – Free Report) by 9,103.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,376 shares of the company’s stock after purchasing an additional 23,122 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in JBT Marel were worth $3,522,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also bought and sold shares of the company. UMB Bank n.a. bought a new position in JBT Marel during the third quarter valued at $27,000. EverSource Wealth Advisors LLC purchased a new stake in JBT Marel during the 2nd quarter valued at $28,000. CI Investments Inc. lifted its position in JBT Marel by 69.2% in the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. Group One Trading LLC lifted its position in JBT Marel by 49.3% in the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after buying an additional 72 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in JBT Marel in the third quarter worth $53,000. Institutional investors own 98.92% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Brian A. Deck sold 8,634 shares of JBT Marel stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $150.51, for a total transaction of $1,299,503.34. Following the completion of the sale, the chief executive officer owned 127,667 shares in the company, valued at $19,215,160.17. This trade represents a 6.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.64% of the stock is owned by insiders.
Analysts Set New Price Targets
View Our Latest Stock Report on JBTM
JBT Marel Price Performance
JBT Marel stock opened at $132.11 on Monday. The firm has a 50-day moving average price of $129.24 and a 200-day moving average price of $143.94. The firm has a market capitalization of $6.88 billion, a PE ratio of 41.29, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. The company has a current ratio of 1.01, a quick ratio of 0.61 and a debt-to-equity ratio of 0.32. JBT Marel Corporation has a 12-month low of $111.07 and a 12-month high of $170.19.
JBT Marel (NYSE:JBTM – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.09. The firm had revenue of $936.00 million during the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. JBT Marel’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, equities research analysts forecast that JBT Marel Corporation will post 8.26 EPS for the current year.
JBT Marel Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, May 26th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. JBT Marel’s dividend payout ratio (DPR) is presently 12.50%.
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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