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Latest news with #JBTMarelCorporation

Conestoga Capital Advisors Sold Its Stake in JBT Marel Corp. (JBTM) in Q2
Conestoga Capital Advisors Sold Its Stake in JBT Marel Corp. (JBTM) in Q2

Yahoo

time2 days ago

  • Business
  • Yahoo

Conestoga Capital Advisors Sold Its Stake in JBT Marel Corp. (JBTM) in Q2

Conestoga Capital Advisors, an asset management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter began with a historically poor start but gained momentum later as tariff fears subsided and market volatility dropped precipitously. Conestoga Small Cap Composite returned 4.76% in the quarter compared to 11.97% for the Russell 2000 Growth Index. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its second quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as JBT Marel Corporation (NYSE:JBTM). John Bean Technologies Corporation was renamed JBT Marel Corporation (NYSE:JBTM) in January 2025. JBT Marel Corporation (NYSE:JBTM) offers technology solutions to the food and beverage industry. The one-month return of JBT Marel Corporation (NYSE:JBTM) was 15.60%, and its shares gained 42.72% of their value over the last 52 weeks. On July 25, 2025, JBT Marel Corporation (NYSE:JBTM) stock closed at $139.02 per share, with a market capitalization of $7.22 billion. Conestoga Capital Advisors stated the following regarding JBT Marel Corporation (NYSE:JBTM) in its second quarter 2025 investor letter: "JBT Marel Corporation (NYSE:JBTM) is a leading global food processing provider, recognized for its technology and service leadership. The company merged with Icelandic company Marel in early January which effectively doubled the size of JBT's revenue. In light of our large industrial exposure in the Small Cap Growth portfolios, we exited our position in JBT given the dual risks of the integration as well as the United States evolving tariff policy." A close-up of a technician mixing ingredients in a large food processing factory. JBT Marel Corporation (NYSE:JBTM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 32 hedge fund portfolios held JBT Marel Corporation (NYSE:JBTM) at the end of the first quarter compared to 23 in the previous quarter. While we acknowledge the potential of JBT Marel Corporation (NYSE:JBTM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.

JBT Marel Corporation Announces Second Quarter 2025 Earnings Release and Conference Call Schedule
JBT Marel Corporation Announces Second Quarter 2025 Earnings Release and Conference Call Schedule

Business Wire

time21-07-2025

  • Business
  • Business Wire

JBT Marel Corporation Announces Second Quarter 2025 Earnings Release and Conference Call Schedule

CHICAGO--(BUSINESS WIRE)-- 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 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 technology, systems, and software for a broad range of food and beverage end markets. JBT Marel aims to create better outcomes for customers by optimizing food yield and efficiency, improving food safety and quality, and enhancing uptime and proactive maintenance, all while reducing waste and resource use across the global food supply chain. JBT Marel operates sales, service, manufacturing and sourcing operations in more than 30 countries. For more information, please visit

JBT Marel Corporation Appoints James Pelletier as Executive Vice President and General Counsel
JBT Marel Corporation Appoints James Pelletier as Executive Vice President and General Counsel

Yahoo

time02-06-2025

  • Business
  • Yahoo

JBT Marel Corporation Appoints James Pelletier as Executive Vice President and General Counsel

CHICAGO, June 02, 2025--(BUSINESS WIRE)--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 management, regulatory compliance, and shareholder activism defense. In his new role at JBT Marel, Mr. Pelletier will lead the Company's Legal and Compliance functions and serve as a strategic advisor to the executive leadership team and Board of Directors. "Jim's appointment reinforces our commitment to maintaining strong legal and governance foundations as we continue to grow and integrate globally," said Brian Deck, Chief Executive Officer of JBT Marel. "His extensive experience in leading legal departments at global public companies makes him a valuable addition to our leadership team." 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 technology, systems, and software for a broad range of food and beverage end markets. JBT Marel aims to create better outcomes for customers by optimizing food yield and efficiency, improving food safety and quality, and enhancing uptime and proactive maintenance, all while reducing waste and resource use across the global food supply chain. JBT Marel operates sales, service, manufacturing, and sourcing operations in more than 30 countries. For more information, please visit View source version on Contacts Investors & Media: Marlee +1 (312) 861-5784

JBT Marel Corporation Appoints James Pelletier as Executive Vice President and General Counsel
JBT Marel Corporation Appoints James Pelletier as Executive Vice President and General Counsel

Business Wire

time02-06-2025

  • Business
  • Business Wire

JBT Marel Corporation Appoints James Pelletier as Executive Vice President and General Counsel

CHICAGO--(BUSINESS WIRE)--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 management, regulatory compliance, and shareholder activism defense. In his new role at JBT Marel, Mr. Pelletier will lead the Company's Legal and Compliance functions and serve as a strategic advisor to the executive leadership team and Board of Directors. 'Jim's appointment reinforces our commitment to maintaining strong legal and governance foundations as we continue to grow and integrate globally,' said Brian Deck, Chief Executive Officer of JBT Marel. 'His extensive experience in leading legal departments at global public companies makes him a valuable addition to our leadership team.' 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 technology, systems, and software for a broad range of food and beverage end markets. JBT Marel aims to create better outcomes for customers by optimizing food yield and efficiency, improving food safety and quality, and enhancing uptime and proactive maintenance, all while reducing waste and resource use across the global food supply chain. JBT Marel operates sales, service, manufacturing, and sourcing operations in more than 30 countries. For more information, please visit

JBT: Q1 Earnings Snapshot
JBT: Q1 Earnings Snapshot

San Francisco Chronicle​

time05-05-2025

  • Business
  • San Francisco Chronicle​

JBT: Q1 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — JBT Marel Corporation (JBTM) on Monday reported a loss of $173 million in its first quarter. The Chicago-based company said it had a loss of $3.35 per share. Earnings, adjusted for one-time gains and costs, came to 97 cents per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. The food processing and transportation services company posted revenue of $854.1 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $831.7 million. For the current quarter ending in June, JBT expects its per-share earnings to range from $1.20 to $1.40. _____

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