Pinestone Asset Management 13F: Cuts JBTM Stake by $10M

Pinestone Asset Management has significantly reduced its stake in JBT Marel Corporation (NYSE: JBTM). According to the latest Form 13F filing with the SEC, the asset manager cut its holdings by 84.5%, shedding 70,500 shares. This leaves Pinestone with 12,929 shares valued at approximately $1.62 million as of the reporting period ending on May 1, 2026.

What Changed in Pinestone Asset Management's JBT Marel Position

Pinestone Asset Management trimmed its position in JBT Marel from 83,429 shares to 12,929 shares. This reduction of 70,500 shares represents an 84.5% decrease in their holdings. The remaining shares are valued at about $1.62 million.

Other Institutional Activity in JBT Marel

Several other large institutional investors also adjusted their positions in JBT Marel. BlackRock, Inc. increased its holdings by 31,861 shares to a total of 7,669,640 shares, worth approximately $980.7 million. Vanguard Portfolio Management LLC added 2,814,287 shares, bringing its total to 2,814,287 shares valued at $359.9 million. Price T Rowe Associates Inc. significantly boosted its position by 1,291,972 shares, ending with 2,750,925 shares valued at $351.8 million. Vanguard Capital Management LLC also added 2,329,850 shares, holding the same amount valued at $297.9 million. T. Rowe Price Investment Management, Inc. increased its stake by 759,364 shares, totaling 2,076,753 shares worth $265.6 million.

JBT Marel Corporation Stock Up 31.8%

Shares of JBT Marel Corporation (NYSE: JBTM) traded near $125.15. The company boasts a market capitalization of approximately $6.52 billion and a P/E ratio of 38.51. Its 52-week price range spans from $113.67 to $170.19. The stock's 50-day moving average is $128.40, with a 200-day moving average of $140.67. JBT Marel maintains a current ratio of 1.011 and a quick ratio of 0.477, with a debt-to-equity ratio of 41.111.

Recent Earnings

JBT Marel reported revenue of about $3.88 billion, reflecting a growth of 9.6%. The company's earnings per share (EPS) stood at $3.25. It achieved a net margin of 4.32% and a return on equity (ROE) of 3.92%. The next earnings report is expected on August 3, 2026.

Dividend

JBT Marel offers an annual dividend rate of $0.40, yielding 0.32%. The company's dividend payout ratio is 12.31%.

Insider Buying and Selling at JBT Marel Corporation

Recent insider activity at JBT Marel includes multiple purchases on June 1, 2026. Barbara Brasier, Charles Harrington, Alan Feldman, Lawrence Jackson, Olafur Gudmundsson, and Polly Kawalek each bought shares. The transactions were not part of any pre-arranged trading plan.

Analysts Set New Price Targets

On May 21, 2026, Oppenheimer initiated coverage on JBT Marel with a "buy" rating and a price target of $175. Jefferies upgraded the stock to a "buy" with a target of $180 on December 10, 2025. CL King also initiated a "buy" rating with a target of $143 on January 22, 2025. The consensus among analysts is a "buy" with an average target price of $178.75 based on six opinions.

About JBT Marel Corporation

JBT Marel Corporation, headquartered in Chicago, Illinois, provides technology solutions to the food and beverage industry across various regions, including North America, Europe, and Asia. The company operates in the Specialty Industrial Machinery sector, focusing on Protein Solutions and Prepared Food and Beverage Solutions. JBT Marel offers a range of processing equipment and services to industries like poultry, beef, pork, seafood, and plant-based alternatives. Led by CEO Brian A. Deck, the company employs around 11,500 people.

Bottom Line

Pinestone Asset Management's substantial reduction in JBT Marel holdings is notable, reflecting a strategic repositioning. Investors track such filings to gauge institutional sentiment, but remember that 13F filings are historical and may not indicate current positions. JBT Marel's stock performance and analyst ratings suggest ongoing interest from the financial community.