Capital International Sarl lifted its position in Bunge Global SA (NYSE:BG – Free Report) by 6.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,186 shares of the basic materials company’s stock after acquiring an additional 10,599 shares during the period. Capital International Sarl’s holdings in Bunge Global were worth $16,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Glencore plc raised its stake in Bunge Global by 100.0% in the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after acquiring an additional 32,806,103 shares during the last quarter. Vanguard Group Inc. raised its stake in Bunge Global by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after acquiring an additional 777,805 shares during the last quarter. Capital World Investors raised its stake in Bunge Global by 4.5% in the 3rd quarter. Capital World Investors now owns 16,200,000 shares of the basic materials company’s stock worth $1,316,299,000 after acquiring an additional 694,709 shares during the last quarter. State Street Corp raised its stake in Bunge Global by 1.3% in the 3rd quarter. State Street Corp now owns 6,921,322 shares of the basic materials company’s stock worth $562,390,000 after acquiring an additional 85,873 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Bunge Global by 2.9% in the 3rd quarter. Northern Trust Corp now owns 2,299,447 shares of the basic materials company’s stock worth $186,830,000 after acquiring an additional 65,774 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.
Wall Street Analyst Weigh In
BG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their target price on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. BMO Capital Markets raised their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Morgan Stanley increased their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 11th. Finally, HSBC increased their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.
Bunge Global Stock Down 2.1%
NYSE:BG opened at $126.70 on Friday. The firm has a market capitalization of $24.58 billion, a P/E ratio of 29.53 and a beta of 0.62. Bunge Global SA has a 1-year low of $71.60 and a 1-year high of $134.87. The company’s fifty day moving average price is $125.09 and its 200-day moving average price is $113.32. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.
Bunge Global (NYSE:BG – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. The firm had revenue of $21.86 billion for the quarter, compared to analyst estimates of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business’s quarterly revenue was up 87.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, equities research analysts anticipate that Bunge Global SA will post 9.57 EPS for the current year.
Bunge Global Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th will be paid a $0.72 dividend. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.3%. Bunge Global’s dividend payout ratio is presently 67.13%.
Bunge Global Company Profile
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.
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