CJS Securities initiated coverage of JBT Corp with a rating of Market Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | Market Outperform | CJS Securities | |
| 12/12/2024 | $130.00 | Hold | Jefferies |
| 10/27/2022 | Outperform → Mkt Perform | William Blair | |
| 2/24/2022 | $185.00 → $140.00 | Overweight | Wells Fargo |
| 1/10/2022 | $165.00 → $185.00 | Overweight | Wells Fargo |
| 10/4/2021 | $130.00 | Underweight → Neutral | JP Morgan |
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced JBT Corporation's completion of the settlement of its voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (Marel) that were validly tendered by Marel shareholders prior to the expiration of the voluntary takeover offer on December 20, 2024, at 12:00 PM GMT. Additionally, shares of the combined company, JBT Marel Corporation, began trading today under the new stock ticker symbol "JBTM" on both the New York Stock Exchange (NYSE) and Nasdaq Iceland hf (Nasdaq Iceland). "Today is a signi
JBT Corporation (NYSE:JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that JBT's voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (ICL: Marel) expired on December 20, 2024, at 12:00 PM GMT. JBT has now satisfied all conditions to the offer, including the minimum acceptance condition with at least 90 percent of all issued and outstanding shares of Marel having been validly tendered in the offer. Further information regarding the final result of the offer, including the number of shares tendered, will be disclosed in JBT's upcoming 8-K filing. JBT will complete the offer in accor
JBT Corporation (NYSE:JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that JBT and Marel hf. (ICL: Marel) will host a joint webcast on Wednesday, December 11, 2024, at 8:00 AM ET / 1:00 PM GMT to further discuss the combination prior to the expiration of the voluntary takeover offer. Live Webcast of Shareholder Fireside Chat in Iceland On Wednesday, December 11, 2024, JBT and Marel will host an open house in Iceland, which is intended for Marel shareholders. Space is limited for the in-person open house, and interested Marel shareholders need to register in advance for in-person attendance. As part of the o
CJS Securities initiated coverage of JBT Corp with a rating of Market Outperform
Jefferies initiated coverage of JBT Corp with a rating of Hold and set a new price target of $130.00
William Blair downgraded JBT Corp from Outperform to Mkt Perform
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
4 - JBT Marel Corp (0001433660) (Issuer)
JBT Corporation (NYSE:JBT) announced that on December 3, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on December 27, 2024, to stockholders of record at the close of business on December 13, 2024. JBT Corporation (NYSE:JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT designs, produces and services sophisticated products and systems for a broad range of end markets, generating roughly one-half of its annual revenue from recurring parts, service, rebuilds, and leasing operations. JBT employs approximately 5,100 people worldwide and
Third Quarter Highlights: (Results are from continuing operations with comparisons to the prior year period) Achieved another strong quarter with orders of $440 million and backlog of $698 million Revenue of $454 million increased 12 percent Income from continuing operations of $38 million and adjusted EBITDA of $82 million both increased 23 percent Earnings per share (EPS) of $1.18 and adjusted EPS of $1.50 increased 22 percent and 35 percent, respectively On track to complete remaining items and close combination with Marel hf. (Marel) on or about the end of 2024 JBT Corporation (NYSE:JBT), a leading global technology solutions provider to high-value segments of the food &
JBT Corporation (NYSE:JBT) will report third quarter 2024 financial results after the market closes on Tuesday, October 22, 2024. A conference call is scheduled for 10:00 AM ET on Wednesday, October 23, 2024. Please register in advance to participate in the conference call: Conference Call Registration Upon registering for the conference call, participants will receive dial-in information, as well as a unique registrant and conference ID that they will use to access the event. The call will be simultaneously webcast, for listen-only mode, by accessing the following website: Webcast Registration. The webcast will also be available for replay shortly after the call ends. This information
SC 13G/A - John Bean Technologies CORP (0001433660) (Subject)
SC 13G/A - John Bean Technologies CORP (0001433660) (Subject)
SC 13G/A - John Bean Technologies CORP (0001433660) (Subject)
8-K - JBT Marel Corp (0001433660) (Filer)
425 - John Bean Technologies CORP (0001433660) (Subject)
8-K - John Bean Technologies CORP (0001433660) (Filer)
CHICAGO, Dec. 7, 2021 /PRNewswire/ -- JBT Corporation (NYSE:JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, announced today that it has increased the size of its Board of Directors to ten members and elected Charles ("Chuck") L. Harrington to the Board effective January 1, 2022. "We are extremely pleased to welcome Chuck to the Board," said Alan Feldman, Board Chairman. "His global perspective, engineering and technology expertise, understanding of cybersecurity and risk management systems, M&A track record, and strong relationships with governments and businesses across sectors will add considerable value to our Board." "As a re
CHICAGO, Sept. 24, 2021 /PRNewswire/ -- JBT Corporation (NYSE:JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today the promotion of Robert "Bob" Petrie effective October 7th to the position of Executive Vice President and President, Protein. He succeeds Paul Sternlieb, who provided notice of his resignation from JBT in connection with his acceptance of the Chief Executive Officer position at an industrial public company, that is not competitive to JBT. Since 2016, Bob has led JBT's Protein EMEA (Europe, Middle East, and Africa) business, and at the start of this year assumed additional responsibility for JBT's Protein business
Sengupta's extensive background in protein and CPG will aid the company in its rapid expansion driven by consumer demand and industry trends HARRISONBURG,Va., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Today, Farmer Focus, the only 100% organic and humane-certified chicken company with a mission to protect and promote generational family farms, announced the appointment of Debarshi Sengupta as Chief Financial Officer. Sengupta brings with him over 20 years of financial and operational experience. As CFO, he will build on the company's strong financial foundation and performance-oriented culture. Sengupta will oversee Finance & Accounting, FP&A, IT, Treasury, Tax and Investor Relations, as well a