Cookson Peirce & Co. Inc. Invests $761,000 in Bunge Global SA $BG

Cookson Peirce & Co. Inc. purchased a new position in shares of Bunge Global SA (NYSE:BG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,541 shares of the basic materials company’s stock, valued at approximately $761,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BG. Foster Dykema Cabot & Partners LLC bought a new position in shares of Bunge Global during the third quarter worth $25,000. Quest 10 Wealth Builders Inc. bought a new position in shares of Bunge Global during the fourth quarter worth $27,000. CYBER HORNET ETFs LLC bought a new position in shares of Bunge Global during the second quarter worth $31,000. MUFG Securities EMEA plc bought a new position in shares of Bunge Global during the second quarter worth $32,000. Finally, Stance Capital LLC bought a new position in shares of Bunge Global during the third quarter worth $34,000. 86.23% of the stock is owned by institutional investors.

Bunge Global Trading Up 0.2%

BG opened at $126.70 on Monday. The stock has a market capitalization of $24.58 billion, a P/E ratio of 29.53 and a beta of 0.62. Bunge Global SA has a 12 month low of $71.60 and a 12 month high of $134.87. The firm’s fifty day simple moving average is $125.09 and its 200 day simple moving average is $113.46. 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 quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating the consensus estimate of $0.97 by $0.86. The business had revenue of $21.86 billion for the quarter, compared to analysts’ expectations 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 previous year, the firm posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, research analysts anticipate that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be given a $0.72 dividend. 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 currently 67.13%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BG shares. UBS Group reissued a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. HSBC lifted 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. Barclays boosted their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Finally, Morgan Stanley boosted their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, March 11th. One research 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

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.