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

JBT Marel Corporation (NYSE:JBTMGet Free Report) declared a quarterly dividend on Thursday, August 6th. Investors of record on Monday, August 17th will be given a dividend of 0.10 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 17th.

JBT Marel Stock Performance

Shares of NYSE:JBTM opened at $122.08 on Friday. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 33.26, a price-to-earnings-growth ratio of 1.30 and a beta of 0.94. The business’s fifty day moving average price is $134.44 and its two-hundred day moving average price is $139.04. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.24 and a quick ratio of 0.61. JBT Marel has a fifty-two week low of $113.67 and a fifty-two week high of $170.19.

JBT Marel (NYSE:JBTMGet Free Report) last announced its earnings results on Monday, August 3rd. The company reported $1.95 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.07). The business 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, analysts predict that JBT Marel will post 8.14 EPS for the current fiscal year.

Institutional Trading of JBT Marel

Hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in JBT Marel by 3.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,863,321 shares of the company’s stock worth $280,747,000 after buying an additional 66,940 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in JBT Marel by 19.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,458,953 shares of the company’s stock worth $219,821,000 after purchasing an additional 233,914 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of JBT Marel by 53.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,317,389 shares of the company’s stock worth $198,492,000 after acquiring an additional 458,980 shares during the period. Geode Capital Management LLC boosted its position in shares of JBT Marel by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,246,584 shares of the company’s stock valued at $187,855,000 after acquiring an additional 8,291 shares during the period. Finally, Alliancebernstein L.P. bought a new stake in shares of JBT Marel in the second quarter valued at approximately $135,854,000. 98.92% of the stock is currently owned by institutional investors and hedge funds.

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.

Recommended Stories

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.