Capital World Investors Buys 402,320 Shares of Bunge Global SA $BG

Capital World Investors boosted its stake in shares of Bunge Global SA (NYSE:BG) by 2.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 16,602,320 shares of the basic materials company’s stock after purchasing an additional 402,320 shares during the period. Capital World Investors owned about 0.09% of Bunge Global worth $1,478,960,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Allworth Financial LP grew its position in Bunge Global by 10.4% during the fourth quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock valued at $93,000 after buying an additional 98 shares during the period. Optimize Financial Inc grew its position in Bunge Global by 1.4% during the fourth quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock valued at $641,000 after buying an additional 100 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its position in Bunge Global by 4.5% during the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,786 shares of the basic materials company’s stock valued at $226,000 after buying an additional 120 shares during the period. Czech National Bank grew its position in Bunge Global by 0.3% during the fourth quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock valued at $3,179,000 after buying an additional 123 shares during the period. Finally, Centennial Wealth Advisory LLC grew its position in Bunge Global by 2.1% during the fourth quarter. Centennial Wealth Advisory LLC now owns 5,992 shares of the basic materials company’s stock valued at $534,000 after buying an additional 126 shares during the period. Institutional investors own 86.23% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. HSBC increased their price target on shares of Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. UBS Group restated a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Finally, Barclays increased their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Price Performance

NYSE BG opened at $126.70 on Friday. The company has a market cap of $24.58 billion, a PE ratio of 29.53 and a beta of 0.62. Bunge Global SA has a 52 week low of $71.60 and a 52 week high of $134.87. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. The firm’s 50-day simple moving average is $125.09 and its two-hundred day simple moving average is $113.32.

Bunge Global (NYSE:BG) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating the consensus estimate of $0.97 by $0.86. The business had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The company’s revenue was up 87.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Research analysts predict that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders of record on Tuesday, February 16th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, February 16th. This represents a $2.88 annualized dividend and a yield of 2.3%. Bunge Global’s dividend payout ratio is 67.13%.

About Bunge Global

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.