John Bean Technologies Co. (NYSE:JBT – Get Rating) Director Caroline Maury Devine sold 300 shares of the company’s stock in a transaction dated Monday, September 19th. The shares were sold at an average price of $89.78, for a total transaction of $26,934.00. Following the transaction, the director now owns 47,049 shares in the company, valued at approximately $4,224,059.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Caroline Maury Devine also recently made the following trade(s):
- On Thursday, August 18th, Caroline Maury Devine sold 300 shares of John Bean Technologies stock. The shares were sold at an average price of $118.96, for a total transaction of $35,688.00.
- On Monday, July 18th, Caroline Maury Devine sold 300 shares of John Bean Technologies stock. The shares were sold at an average price of $107.71, for a total transaction of $32,313.00.
John Bean Technologies Stock Down 5.2 %
JBT stock opened at $86.02 on Friday. The stock has a market cap of $2.74 billion, a P/E ratio of 23.00, a P/E/G ratio of 1.23 and a beta of 1.40. The company has a current ratio of 1.33, a quick ratio of 0.84 and a debt-to-equity ratio of 0.85. The stock’s fifty day simple moving average is $107.95 and its two-hundred day simple moving average is $111.89. John Bean Technologies Co. has a 1-year low of $85.97 and a 1-year high of $177.56.
John Bean Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 6th. Investors of record on Monday, August 22nd were paid a $0.10 dividend. The ex-dividend date was Friday, August 19th. This represents a $0.40 annualized dividend and a yield of 0.47%. John Bean Technologies’s payout ratio is 10.70%.
Analyst Ratings Changes
Separately, Robert W. Baird lowered their price target on John Bean Technologies from $140.00 to $128.00 in a research report on Thursday, July 28th.
Institutional Trading of John Bean Technologies
Large investors have recently bought and sold shares of the company. Wellington Management Group LLP grew its stake in shares of John Bean Technologies by 64.6% during the 1st quarter. Wellington Management Group LLP now owns 1,844,737 shares of the industrial products company’s stock worth $218,546,000 after acquiring an additional 723,720 shares during the period. Brown Advisory Inc. boosted its position in John Bean Technologies by 41.9% during the second quarter. Brown Advisory Inc. now owns 637,948 shares of the industrial products company’s stock worth $70,442,000 after purchasing an additional 188,308 shares during the period. Royal Bank of Canada increased its stake in shares of John Bean Technologies by 82.0% in the first quarter. Royal Bank of Canada now owns 372,539 shares of the industrial products company’s stock worth $44,134,000 after purchasing an additional 167,866 shares in the last quarter. abrdn plc bought a new stake in shares of John Bean Technologies in the second quarter valued at approximately $13,203,000. Finally, Artisan Partners Limited Partnership bought a new stake in shares of John Bean Technologies in the second quarter valued at approximately $10,121,000.
John Bean Technologies Company Profile
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through two segments: JBT FoodTech and JBT AeroTech. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, X-ray food inspection, and food safety solutions.
- Get a free copy of the StockNews.com research report on John Bean Technologies (JBT)
- The Institutions Hold On To Darden Restaurants International
- What Steelcase’s Earnings Say About the Return to the Office?
- These 3 Big Dividend Payers Also Boast Strong Price Growth
- Is The Golden Age Of Homebuilding Already Over?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
Receive News & Ratings for John Bean Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Bean Technologies and related companies with MarketBeat.com's FREE daily email newsletter.