Vanguard Group Inc. Acquires 777,805 Shares of Bunge Global SA $BG

Vanguard Group Inc. boosted its holdings in shares of Bunge Global SA (NYSE:BG) by 4.6% during the fourth quarter, HoldingsChannel reports. The fund owned 17,570,009 shares of the basic materials company’s stock after purchasing an additional 777,805 shares during the quarter. Vanguard Group Inc. owned about 0.09% of Bunge Global worth $1,565,136,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its stake in shares of Bunge Global by 3.9% in the 3rd quarter. Park Avenue Securities LLC now owns 2,898 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 109 shares during the last quarter. Spire Wealth Management boosted its stake in shares of Bunge Global by 20.5% in the 3rd quarter. Spire Wealth Management now owns 681 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 116 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of Bunge Global by 4.5% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,786 shares of the basic materials company’s stock valued at $226,000 after purchasing an additional 120 shares during the last quarter. Czech National Bank boosted its stake in shares of Bunge Global by 0.3% in the 4th quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock valued at $3,179,000 after purchasing an additional 123 shares during the last quarter. Finally, Centennial Wealth Advisory LLC boosted its stake in shares of Bunge Global by 2.1% in the 4th quarter. Centennial Wealth Advisory LLC now owns 5,992 shares of the basic materials company’s stock valued at $534,000 after purchasing an additional 126 shares during the last quarter. 86.23% of the stock is owned by institutional investors.

Bunge Global Stock Up 0.7%

Bunge Global stock opened at $127.23 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. Bunge Global SA has a 12-month low of $71.60 and a 12-month high of $131.93. The firm’s fifty day moving average is $123.32 and its 200 day moving average is $108.16. The company has a market capitalization of $24.66 billion, a PE ratio of 29.66, a PEG ratio of 0.72 and a beta of 0.71.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The company had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. During the same quarter in the previous year, the company earned $1.81 EPS. 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. As a group, sell-side analysts predict that Bunge Global SA will post 9 EPS for the current fiscal year.

Bunge Global Announces Dividend

The firm 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. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 annualized dividend and a yield of 2.3%. Bunge Global’s dividend payout ratio is presently 67.13%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BG. Stephens reaffirmed an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a research note on Thursday, February 5th. Morgan Stanley upped their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, March 11th. Bank of America boosted their target price on shares of Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Barclays boosted their target price on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. 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 stock. Based on data from MarketBeat.com, the stock 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.