Zacks Research Research Analysts Boost Earnings Estimates for John Bean Technologies Co. (NYSE:JBT)

John Bean Technologies Co. (NYSE:JBT) – Investment analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of John Bean Technologies in a research note issued on Wednesday, September 25th. Zacks Research analyst S. Deb now forecasts that the industrial products company will earn $5.76 per share for the year, up from their prior forecast of $5.75. The consensus estimate for John Bean Technologies’ current full-year earnings is $5.18 per share.

John Bean Technologies (NYSE:JBT) last posted its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.19). The firm had revenue of $402.30 million for the quarter, compared to the consensus estimate of $432.67 million. John Bean Technologies had a return on equity of 9.67% and a net margin of 36.66%. The firm’s revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.

John Bean Technologies Stock Performance

Shares of JBT opened at $99.24 on Monday. The stock’s 50-day simple moving average is $91.47 and its 200 day simple moving average is $93.97. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 5.30, a price-to-earnings-growth ratio of 1.29 and a beta of 1.24. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.96 and a current ratio of 2.54. John Bean Technologies has a 52-week low of $82.64 and a 52-week high of $109.91.

John Bean Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were issued a $0.10 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.40 annualized dividend and a dividend yield of 0.40%. John Bean Technologies’s payout ratio is currently 2.13%.

Institutional Trading of John Bean Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Arizona State Retirement System raised its holdings in shares of John Bean Technologies by 1.7% in the 2nd quarter. Arizona State Retirement System now owns 8,900 shares of the industrial products company’s stock valued at $845,000 after acquiring an additional 150 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of John Bean Technologies by 162.1% during the 1st quarter. UMB Bank n.a. now owns 249 shares of the industrial products company’s stock valued at $26,000 after buying an additional 154 shares in the last quarter. CWM LLC raised its holdings in shares of John Bean Technologies by 113.2% during the 2nd quarter. CWM LLC now owns 324 shares of the industrial products company’s stock valued at $31,000 after buying an additional 172 shares in the last quarter. Diversified Trust Co raised its holdings in shares of John Bean Technologies by 1.4% during the 2nd quarter. Diversified Trust Co now owns 13,400 shares of the industrial products company’s stock valued at $1,273,000 after buying an additional 184 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its holdings in shares of John Bean Technologies by 1.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 16,000 shares of the industrial products company’s stock valued at $1,520,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 98.92% of the company’s stock.

John Bean Technologies Company Profile

John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.