National Pension Service Has $6.98 Million Stock Holdings in Bunge Global SA $BG

National Pension Service grew its holdings in Bunge Global SA (NYSE:BG) by 10.9% during the fourth quarter, Holdings Channel reports. The firm owned 78,341 shares of the basic materials company’s stock after acquiring an additional 7,676 shares during the quarter. National Pension Service’s holdings in Bunge Global were worth $6,979,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Glencore plc lifted its stake in shares of Bunge Global by 100.0% in the 4th 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 during the period. Vanguard Group Inc. lifted its stake in shares of Bunge Global by 4.6% in the 4th 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 during the period. Capital World Investors lifted its stake in shares of Bunge Global by 4.5% in the 3rd quarter. Capital World Investors now owns 16,200,000 shares of the basic materials company’s stock valued at $1,316,299,000 after purchasing an additional 694,709 shares during the period. State Street Corp lifted its stake in shares of Bunge Global by 1.3% in the 3rd quarter. State Street Corp now owns 6,921,322 shares of the basic materials company’s stock valued at $562,390,000 after purchasing an additional 85,873 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Bunge Global by 2.9% in the 3rd quarter. Northern Trust Corp now owns 2,299,447 shares of the basic materials company’s stock valued at $186,830,000 after purchasing an additional 65,774 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on BG shares. Morgan Stanley boosted 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. Stephens reissued an “overweight” rating and set a $130.00 price objective on shares of Bunge Global in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Finally, Barclays raised their price objective on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. One investment 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’s stock. Based on data from MarketBeat.com, Bunge Global has an average rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Stock Performance

Shares of BG opened at $129.96 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60. The stock has a 50 day moving average price of $124.52 and a two-hundred day moving average price of $112.51. The firm has a market capitalization of $25.22 billion, a P/E ratio of 30.29 and a beta of 0.62. Bunge Global SA has a 52 week low of $71.60 and a 52 week 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 analysts’ consensus estimates of $0.97 by $0.86. The firm had revenue of $21.86 billion during 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%.The company’s revenue for the quarter was up 87.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts forecast that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders of record on Tuesday, February 16th will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, February 16th. Bunge Global’s payout ratio is currently 67.13%.

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.