Date | Price Target | Rating | Analyst |
---|---|---|---|
1/22/2025 | $143.00 | Buy | CL King |
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food & beverage industry, today announced the appointment of James "Jim" Pelletier as Executive Vice President and General Counsel, effective June 30, 2025. Jim Pelletier brings more than two decades of legal and business leadership experience across both public and private sectors. He has held senior legal roles at multinational industrial companies, including Masonite International, Kymera, Barnes Group, GE, and Pratt & Whitney. His expertise spans transformative mergers and acquisitions, corporate governance, complex litigation, intellectual property, risk
SD - JBT Marel Corp (0001433660) (Filer)
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8-K - JBT Marel Corp (0001433660) (Filer)
DEFR14A - JBT Marel Corp (0001433660) (Filer)
DEFA14A - JBT Marel Corp (0001433660) (Filer)
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8-K - JBT Marel Corp (0001433660) (Filer)
10-K - JBT Marel Corp (0001433660) (Filer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
CL King initiated coverage of JBT Marel Corporation with a rating of Buy and set a new price target of $143.00
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable June 10, 2025, to stockholders of record at the close of business on May 27, 2025. JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT Marel brings together the complementary strengths of both the JBT and Marel organizations to transform the future of food. JBT Marel provides a unique and holistic solutions offering by designing, manufacturing, and servicing cutting-edge te
First Quarter 2025 Highlights: (Results are from continuing operations) Achieved quarterly orders of $916 million and backlog of $1.3 billion Revenue totaled $854 million with more than half generated from recurring revenue Earnings per share (EPS) was $(3.35) and adjusted EPS was $0.97 Integration is on track, and the Company continues to expect to achieve $35 - $40 million in realized cost synergies for the full year and $80 - $90 million in annualized run rate savings exiting 2025 JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported financial results for th
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it will report first quarter 2025 financial results on Monday, May 5, 2025, before the market opens for both the NYSE and Nasdaq Iceland. JBT Marel will host an earnings conference call on Monday, May 5, 2025, at 11:00 AM ET / 15:00 GMT. The conference call will be webcast and is accessible through this link: Webcast Registration. The webcast will also be available for replay shortly after the conference call ends. This information is also available on the Company's Investor Relations Website. JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segme
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on March 24, 2025, to stockholders of record at the close of business of March 10, 2025. JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT Marel brings together the complementary strengths of both the JBT and Marel organizations to transform the future of food. JBT Marel provides a unique and holistic solutions offering by designing, manufacturing, and servicing cutting-
JBT Standalone Highlights: (Results are from continuing operations with comparisons to the prior year period) Achieved record quarterly orders of $523 million Fourth quarter loss from continuing operations of $7 million and full year income from continuing operations of $85 million included M&A costs and U.S. pension settlement expense Fourth quarter adjusted EBITDA of $92 million and full year adjusted EBITDA of $295 million increased 14 percent and 8 percent, respectively Marel Standalone Highlights: (Results are in IFRS and EUR with comparisons to the prior year period) Achieved record quarterly orders of €474 million and book-to-bill of 1.11 Full year revenue of €1
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it will report JBT fourth quarter and full year 2024 financial results and provide highlights on Marel's full year 2024 results after the market closes on Monday, February 24, 2025. JBT Marel will host an earnings conference call on Tuesday, February 25, 2025, at 10:00 AM ET to discuss JBT and Marel's 2024 financial results and provide updates on the combined company, including the 2025 outlook. The conference call will be conducted as a live webcast and is accessible through this link: Webcast Registration. The webcast will also be available for replay shortly after the conference call ends. This information is al
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food & beverage industry, today announced the appointment of James "Jim" Pelletier as Executive Vice President and General Counsel, effective June 30, 2025. Jim Pelletier brings more than two decades of legal and business leadership experience across both public and private sectors. He has held senior legal roles at multinational industrial companies, including Masonite International, Kymera, Barnes Group, GE, and Pratt & Whitney. His expertise spans transformative mergers and acquisitions, corporate governance, complex litigation, intellectual property, risk
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable June 10, 2025, to stockholders of record at the close of business on May 27, 2025. JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT Marel brings together the complementary strengths of both the JBT and Marel organizations to transform the future of food. JBT Marel provides a unique and holistic solutions offering by designing, manufacturing, and servicing cutting-edge te
First Quarter 2025 Highlights: (Results are from continuing operations) Achieved quarterly orders of $916 million and backlog of $1.3 billion Revenue totaled $854 million with more than half generated from recurring revenue Earnings per share (EPS) was $(3.35) and adjusted EPS was $0.97 Integration is on track, and the Company continues to expect to achieve $35 - $40 million in realized cost synergies for the full year and $80 - $90 million in annualized run rate savings exiting 2025 JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported financial results for th
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it will report first quarter 2025 financial results on Monday, May 5, 2025, before the market opens for both the NYSE and Nasdaq Iceland. JBT Marel will host an earnings conference call on Monday, May 5, 2025, at 11:00 AM ET / 15:00 GMT. The conference call will be webcast and is accessible through this link: Webcast Registration. The webcast will also be available for replay shortly after the conference call ends. This information is also available on the Company's Investor Relations Website. JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segme
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on March 24, 2025, to stockholders of record at the close of business of March 10, 2025. JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT Marel brings together the complementary strengths of both the JBT and Marel organizations to transform the future of food. JBT Marel provides a unique and holistic solutions offering by designing, manufacturing, and servicing cutting-
JBT Standalone Highlights: (Results are from continuing operations with comparisons to the prior year period) Achieved record quarterly orders of $523 million Fourth quarter loss from continuing operations of $7 million and full year income from continuing operations of $85 million included M&A costs and U.S. pension settlement expense Fourth quarter adjusted EBITDA of $92 million and full year adjusted EBITDA of $295 million increased 14 percent and 8 percent, respectively Marel Standalone Highlights: (Results are in IFRS and EUR with comparisons to the prior year period) Achieved record quarterly orders of €474 million and book-to-bill of 1.11 Full year revenue of €1
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it will report JBT fourth quarter and full year 2024 financial results and provide highlights on Marel's full year 2024 results after the market closes on Monday, February 24, 2025. JBT Marel will host an earnings conference call on Tuesday, February 25, 2025, at 10:00 AM ET to discuss JBT and Marel's 2024 financial results and provide updates on the combined company, including the 2025 outlook. The conference call will be conducted as a live webcast and is accessible through this link: Webcast Registration. The webcast will also be available for replay shortly after the conference call ends. This information is al