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Bank of New York Mellon Corp bought a new position in shares of JBT Marel Corporation (NYSE: JBTM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 355,843 shares of the company's stock, valued at approximately $51,597,000. Bank of New York Mellon

Bamco Inc. NY purchased a new position in JBT Marel Corporation (NYSE: JBTM) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 660,557 shares of the company's stock, valued at approximately $95,781,000. Bamco Inc. NY owned approximately 1.27% of JBT Marel

Deutsche Bank AG acquired a new position in JBT Marel Corporation (NYSE: JBTM) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 58,873 shares of the company's stock, valued at approximately $8,537,000. Deutsche Bank AG owned 0.11% of JBT Marel at the end

JBT Marel Corporation (JBTM) remains a soft ‘buy' despite recent underperformance and a 10.1% stock decline versus the S&P 500. Revenue and profits are rising, with Q2 revenue at $981 million and net income up to $28 million, supporting a positive long-term outlook. Management reaffirmed revenue guidance but lowered adjusted EPS guidance to $7.85–$8.35; EBITDA guidance remains unchanged.

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