Bunge Global SA $BG Stock Holdings Increased by Barings LLC

Barings LLC raised its holdings in shares of Bunge Global SA (NYSE:BG) by 16.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,655 shares of the basic materials company’s stock after acquiring an additional 6,313 shares during the period. Barings LLC’s holdings in Bunge Global were worth $3,978,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Aviva PLC raised its position in shares of Bunge Global by 5.0% during the 4th quarter. Aviva PLC now owns 225,719 shares of the basic materials company’s stock worth $20,107,000 after buying an additional 10,695 shares in the last quarter. IFM Investors Pty Ltd bought a new stake in shares of Bunge Global during the 4th quarter worth about $1,973,000. Picton Mahoney Asset Management raised its position in shares of Bunge Global by 501.7% during the 4th quarter. Picton Mahoney Asset Management now owns 70,584 shares of the basic materials company’s stock worth $6,288,000 after buying an additional 58,853 shares in the last quarter. Empowered Funds LLC raised its position in shares of Bunge Global by 81.1% during the 4th quarter. Empowered Funds LLC now owns 38,144 shares of the basic materials company’s stock worth $3,398,000 after buying an additional 17,077 shares in the last quarter. Finally, Meeder Advisory Services Inc. bought a new stake in shares of Bunge Global during the 4th quarter worth about $219,000. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Down 2.2%

NYSE BG opened at $125.40 on Friday. The company’s 50 day simple moving average is $125.06 and its 200 day simple moving average is $114.37. The company has a market capitalization of $24.33 billion, a P/E ratio of 29.23 and a beta of 0.62. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. Bunge Global SA has a 12 month low of $71.60 and a 12 month high of $134.87.

Bunge Global (NYSE:BG) last announced its 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 company had revenue of $21.86 billion for the quarter, compared to analyst estimates of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.Bunge Global’s revenue for the quarter was up 87.8% compared to the same quarter last year. During the same period in the previous 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 expect that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.3%. Bunge Global’s payout ratio is currently 67.13%.

Analysts Set New Price Targets

BG has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Morgan Stanley boosted their price objective on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 11th. JPMorgan Chase & Co. boosted their price objective on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. UBS Group reissued a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Finally, Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.