Bunge Global SA (NYSE:BG) Given Average Rating of “Moderate Buy” by Analysts

Shares of Bunge Global SA (NYSE:BG) have been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $132.6667.

Several analysts have commented on BG shares. JPMorgan Chase & Co. raised their price objective 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. Barclays raised their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. UBS Group restated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Stephens restated an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a report on Thursday, February 5th. Finally, Weiss Ratings lowered shares of Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, February 23rd.

Hedge Funds Weigh In On Bunge Global

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Glencore plc increased its stake 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 valued at $5,844,735,000 after purchasing an additional 32,806,103 shares in the last quarter. Vanguard Group Inc. increased its stake 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 valued at $1,565,136,000 after purchasing an additional 777,805 shares in the last quarter. Capital World Investors increased its stake in shares of Bunge Global by 2.5% during the fourth quarter. Capital World Investors now owns 16,602,320 shares of the basic materials company’s stock valued at $1,478,960,000 after purchasing an additional 402,320 shares in the last quarter. State Street Corp increased its stake in shares of Bunge Global by 0.3% during the fourth quarter. State Street Corp now owns 6,940,141 shares of the basic materials company’s stock valued at $618,260,000 after purchasing an additional 18,819 shares in the last quarter. Finally, FIL Ltd increased its stake in shares of Bunge Global by 8.0% during the fourth quarter. FIL Ltd now owns 2,426,049 shares of the basic materials company’s stock valued at $216,112,000 after purchasing an additional 179,850 shares in the last quarter. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

Bunge Global stock opened at $120.63 on Friday. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The firm has a 50-day moving average of $124.70 and a 200-day moving average of $111.14. The firm has a market cap of $23.41 billion, a P/E ratio of 28.12 and a beta of 0.64. Bunge Global has a 1-year low of $71.60 and a 1-year high of $133.93.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, topping the consensus estimate of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business had revenue of $21.86 billion during the quarter, compared to analyst estimates of $23.38 billion. During the same period last year, the business posted $1.81 earnings per share. Bunge Global’s quarterly revenue 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. Sell-side analysts expect that Bunge Global will post 9.57 EPS for the current year.

Bunge Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders of record on Tuesday, February 16th will be paid 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 dividend yield of 2.4%. Bunge Global’s dividend payout ratio (DPR) is currently 65.27%.

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.