Bunge Global SA $BG Stake Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its position in shares of Bunge Global SA (NYSE:BG) by 137.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 636,289 shares of the basic materials company’s stock after acquiring an additional 368,816 shares during the period. BNP Paribas Financial Markets owned about 0.33% of Bunge Global worth $56,681,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of BG. Glencore plc raised its holdings in shares of Bunge Global by 100.0% during the fourth 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 in the last quarter. Norges Bank purchased a new stake in shares of Bunge Global during the fourth quarter worth $152,610,000. Merewether Investment Management LP purchased a new stake in shares of Bunge Global during the third quarter worth $74,888,000. Vanguard Group Inc. raised its holdings in shares of Bunge Global by 4.6% during the fourth 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 in the last quarter. Finally, Capital World Investors raised its holdings in shares of Bunge Global by 4.5% during the third 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 in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on BG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. HSBC increased their price objective on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Stephens reiterated an “overweight” rating and set a $130.00 price objective on shares of Bunge Global in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their target price on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. One investment 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Trading Down 0.4%

Shares of NYSE:BG opened at $129.48 on Wednesday. The company has a market cap of $25.12 billion, a P/E ratio of 30.18 and a beta of 0.62. The stock’s 50-day moving average is $124.52 and its 200-day moving average is $112.51. Bunge Global SA has a 52-week low of $71.60 and a 52-week high of $133.93. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60.

Bunge Global (NYSE:BG) last released 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 return on equity of 8.60% and a net margin of 0.85%.The business had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. During the same period last year, the business earned $1.81 earnings per share. The firm’s revenue for the quarter 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 predict that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, February 16th. This represents a $2.88 dividend on an annualized basis and a yield of 2.2%. Bunge Global’s dividend payout ratio (DPR) is 67.13%.

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.