Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases Shares of 64,936 Bunge Global SA $BG

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Bunge Global SA (NYSE:BG) during the fourth quarter, Holdings Channel reports. The firm purchased 64,936 shares of the basic materials company’s stock, valued at approximately $5,784,000.

A number of other large investors have also added to or reduced their stakes in BG. Allworth Financial LP lifted its holdings in shares of Bunge Global by 10.4% in the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock worth $93,000 after acquiring an additional 98 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its holdings 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 worth $226,000 after acquiring an additional 120 shares during the last quarter. Czech National Bank lifted its holdings 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 worth $3,179,000 after acquiring an additional 123 shares during the last quarter. Centennial Wealth Advisory LLC lifted its holdings 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 worth $534,000 after acquiring an additional 126 shares during the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ boosted its holdings in Bunge Global by 0.3% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 43,746 shares of the basic materials company’s stock valued at $3,554,000 after acquiring an additional 138 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Down 2.1%

NYSE BG opened at $122.05 on Wednesday. Bunge Global SA has a fifty-two week low of $71.60 and a fifty-two week high of $133.93. 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 simple moving average of $124.66 and a two-hundred day simple moving average of $110.78. The stock has a market cap of $23.68 billion, a P/E ratio of 28.45 and a beta of 0.64.

Bunge Global (NYSE:BG) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The business had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same quarter last year, the business posted $1.81 EPS. The business’s revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, analysts forecast that Bunge Global SA will post 9.57 earnings per share for the current 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 $0.72 dividend. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 annualized dividend and a yield of 2.4%. Bunge Global’s dividend payout ratio (DPR) is 65.27%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BG shares. Weiss Ratings cut Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, February 23rd. JPMorgan Chase & Co. increased their target price on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. Stephens restated an “overweight” rating and set a $130.00 target price on shares of Bunge Global in a report on Thursday, February 5th. Barclays increased their target price on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, HSBC increased their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

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.