Swiss Life Asset Management Ltd Acquires 6,207 Shares of Bunge Global SA $BG

Swiss Life Asset Management Ltd lifted its holdings in shares of Bunge Global SA (NYSE:BG) by 15.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,951 shares of the basic materials company’s stock after buying an additional 6,207 shares during the period. Swiss Life Asset Management Ltd’s holdings in Bunge Global were worth $4,093,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Asahi Life Asset Management CO. LTD. bought a new stake in shares of Bunge Global in the fourth quarter worth approximately $353,000. Denali Advisors LLC lifted its position in Bunge Global by 36.1% during the fourth quarter. Denali Advisors LLC now owns 5,210 shares of the basic materials company’s stock valued at $464,000 after purchasing an additional 1,383 shares during the period. Drucker Wealth 3.0 LLC purchased a new stake in Bunge Global in the fourth quarter worth approximately $235,000. Chesapeake Capital Corp IL purchased a new stake in Bunge Global in the fourth quarter worth approximately $465,000. Finally, Crossmark Global Holdings Inc. grew its position in Bunge Global by 4.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 10,231 shares of the basic materials company’s stock worth $911,000 after purchasing an additional 479 shares during the period. 86.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on BG shares. Weiss Ratings lowered shares of Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Morgan Stanley lifted their price objective on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. BMO Capital Markets upped their price objective on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Barclays increased their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Trading Down 2.4%

Shares of BG stock opened at $123.01 on Friday. The stock has a market capitalization of $23.87 billion, a price-to-earnings ratio of 28.67 and a beta of 0.64. Bunge Global SA has a 12-month low of $71.60 and a 12-month high of $133.93. The stock’s 50-day moving average price is $124.17 and its 200-day moving average price is $110.21. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57.

Bunge Global (NYSE:BG) last posted its earnings results 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. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The firm had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. During the same period in the previous year, the firm posted $1.81 EPS. The business’s quarterly revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities research analysts predict that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders of record on Tuesday, February 16th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, February 16th. Bunge Global’s payout ratio is presently 65.27%.

Bunge Global 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.