William Blair upgraded JBT Marel Corporation from Mkt Perform to Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/6/2025 | Mkt Perform → Outperform | William Blair | |
| 1/22/2025 | $143.00 | Buy | CL King |
William Blair upgraded JBT Marel Corporation from Mkt Perform to Outperform
CL King initiated coverage of JBT Marel Corporation with a rating of Buy and set a new price target of $143.00
JBT Marel to debut new CIPure™ Cleaning System alongside proven technologies, service JBT Marel, a global leader in food processing technology solutions, will be at Pack Expo Las Vegas from Sept. 29 to Oct. 1, booth #N8612, showcasing numerous innovations – including a new product launch, VR immersive room and a live chef demonstration. This marks the first Pack Expo trade show since the historic merger between the two powerhouse companies in early 2025 and emphasizes their joint goal of uniting to transform the future of food. In addition to launching the new CIPure™ Cleaning System, JBT Marel plans to showcase a variety of industry-leading technologies and solutions, from protein and
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it has closed its previously announced private offering (the "Offering") of $575 million aggregate principal amount of 0.375 percent convertible senior notes due 2030 (the "Notes"), which includes $75 million aggregate principal amount of Notes issued in connection with the initial purchasers' full exercise of their option to acquire additional Notes. The Company utilized the net proceeds from the Offering to execute convertible note hedge and warrant transactions and repay a portion of the borrowings outstanding under its revolving credit facility. The Company subsequently intends to draw on its revolving credit fac
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it has priced its private offering (the "Offering") of $500 million aggregate principal amount of 0.375 percent convertible senior notes due 2030 (the "Notes"). The Company also granted to the initial purchasers of the Notes an option to purchase up to an additional $75.0 million aggregate principal amount of the Notes within a 13-day period beginning on, and including, the initial closing date of the Offering. The Offering and the convertible note hedge and warrant transactions described below are expected to close on September 9, 2025, subject to customary closing conditions. The Company intends to use a portion
4 - JBT Marel Corp (0001433660) (Issuer)
3 - JBT Marel Corp (0001433660) (Issuer)
4/A - JBT Marel Corp (0001433660) (Issuer)
8-K - JBT Marel Corp (0001433660) (Filer)
8-K - JBT Marel Corp (0001433660) (Filer)
8-K - JBT Marel Corp (0001433660) (Filer)
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 September 2, 2025, to stockholders of record at the close of business on August 18, 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
Second Quarter 2025 Highlights: (Results are from continuing operations) Achieved quarterly orders of $938 million and quarter-ending backlog of $1.4 billion Revenue totaled $935 million with more than half generated from recurring revenue Income from continuing operations was $3 million, and adjusted EBITDA was $156 million Realized $8 million in year-over-year synergy savings from integration efforts related to operating expense and supply chain Re-establishing full year 2025 guidance 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 result
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that it will report second quarter 2025 financial results on Monday, August 4, 2025, after the market closes. JBT Marel will host an earnings conference call on Tuesday, August 5, 2025, at 10:00 AM ET / 14:00 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 segments of the food & beverage