Geode Capital Management LLC Sells 158,762 Shares of Bunge Global SA $BG

Geode Capital Management LLC lessened its stake in shares of Bunge Global SA (NYSE:BG) by 4.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,490,002 shares of the basic materials company’s stock after selling 158,762 shares during the period. Geode Capital Management LLC owned about 1.80% of Bunge Global worth $309,639,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quest 10 Wealth Builders Inc. bought a new stake in Bunge Global in the fourth quarter valued at approximately $27,000. Foster Dykema Cabot & Partners LLC bought a new stake in Bunge Global in the third quarter valued at approximately $25,000. CYBER HORNET ETFs LLC bought a new stake in Bunge Global in the second quarter valued at approximately $31,000. MUFG Securities EMEA plc bought a new stake in Bunge Global in the second quarter valued at approximately $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in Bunge Global in the fourth quarter valued at approximately $35,000. Institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Up 5.4%

Shares of BG stock opened at $129.96 on Tuesday. The stock’s fifty day moving average price is $124.52 and its two-hundred day moving average price is $112.51. The company has a market cap of $25.22 billion, a PE ratio of 30.29 and a beta of 0.62. Bunge Global SA has a fifty-two week low of $71.60 and a fifty-two 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 issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. The firm had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company’s revenue was up 87.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts predict that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors 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 dividend yield of 2.2%. Bunge Global’s dividend payout ratio (DPR) is 67.13%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BG shares. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Stephens restated an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a research note on Thursday, February 5th. Morgan Stanley upped their price objective on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, March 11th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, HSBC upped their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $132.67.

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.