Bruce & Co. Inc. Has $6.24 Million Stock Position in Bunge Global SA $BG

Bruce & Co. Inc. trimmed its position in Bunge Global SA (NYSE:BG) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,000 shares of the basic materials company’s stock after selling 10,000 shares during the quarter. Bunge Global makes up approximately 1.9% of Bruce & Co. Inc.’s portfolio, making the stock its 18th largest position. Bruce & Co. Inc.’s holdings in Bunge Global were worth $6,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. acquired a new position in shares of Bunge Global in the fourth quarter worth about $27,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Bunge Global in the third quarter worth about $25,000. CYBER HORNET ETFs LLC acquired a new position in shares of Bunge Global in the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new position in shares of Bunge Global in the second quarter worth about $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Bunge Global in the fourth quarter worth about $35,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on BG. UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Morgan Stanley raised their target price on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. raised their target price on shares of Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Tuesday, March 24th. HSBC increased their price target 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. Finally, Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Bunge Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Price Performance

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

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. The business had revenue of $21.86 billion during 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 firm’s revenue was up 87.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.81 earnings per share. 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 fiscal year.

Bunge Global Announces Dividend

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