JBT Corp (JBT)

• Market cap: $3.97B
• 1 day: 0.95%
• 5 days: 1.90%
• 1 month: 5.26%
• 3 months: 36.82%
• 6 months: 25.37%
• Year to date: 29.11%
• 1 year: 22.95%
• 5 years: 10.20%
• 10 years: 285.00%
• Sector: Industrials
• Industry: Special Industry Machinery, Except Metalworking Machinery

About: John Bean Technologies Corp is a food tech business that provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.

Employees: 5,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]

113% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $4.89M

26% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 38

6% more capital invested

Capital invested by funds: $3.25B [Q2] → $3.43B (+$180M) [Q3]

3% more funds holding

Funds holding: 297 [Q2] → 307 (+10) [Q3]

1.86% more ownership

Funds ownership: 107.51% [Q2] → 109.38% (+1.86%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 113

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $130 4% upside
• Avg. target: $140 12% upside
• High target: $150 20% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

CJS Securities Justin Ages 50% 1-year accuracy 1 / 2 met price target	20% upside $150	Market Outperform Initiated	12 Dec 2024
Jefferies Saree Boroditsky 33% 1-year accuracy 4 / 12 met price target	4% upside $130	Hold Initiated	12 Dec 2024