Dockside LLC Acquires New Shares in Bunge Global SA $BG

Dockside LLC acquired a new stake in Bunge Global SA (NYSE:BG) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 24,824 shares of the basic materials company’s stock, valued at approximately $2,211,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Glencore plc lifted its stake in shares of Bunge Global by 100.0% in the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock valued at $5,844,735,000 after purchasing an additional 32,806,103 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of 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 valued at $1,565,136,000 after purchasing an additional 777,805 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Bunge Global by 86.5% in the 3rd quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock valued at $3,277,000 after purchasing an additional 18,707 shares during the last quarter. TD Asset Management Inc lifted its stake in shares of Bunge Global by 67.4% in the 3rd quarter. TD Asset Management Inc now owns 60,994 shares of the basic materials company’s stock valued at $4,956,000 after purchasing an additional 24,565 shares during the last quarter. Finally, Pacific Point Advisors LLC acquired a new position in Bunge Global during the 4th quarter worth $1,436,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Performance

NYSE:BG opened at $127.13 on Friday. The firm’s 50-day moving average is $125.04 and its 200-day moving average is $114.46. Bunge Global SA has a 52-week low of $71.60 and a 52-week high of $134.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60. The company has a market cap of $24.67 billion, a price-to-earnings ratio of 29.63 and a beta of 0.62.

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

Bunge Global Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have weighed in on BG shares. UBS Group reissued a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. BMO Capital Markets boosted their target price on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. JPMorgan Chase & Co. boosted their target price on shares of Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 24th. Finally, HSBC boosted their target price on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $132.67.

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.