MIdWestOne Financial Group Inc. reduced its position in Bunge Global SA (NYSE:BG – Free Report) by 15.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,102 shares of the basic materials company’s stock after selling 8,486 shares during the quarter. MIdWestOne Financial Group Inc.’s holdings in Bunge Global were worth $4,018,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Glencore plc boosted its holdings in shares of Bunge Global by 100.0% in 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 acquiring an additional 32,806,103 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Bunge Global by 4.6% in 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 acquiring an additional 777,805 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Bunge Global by 86.5% in the third quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock valued at $3,277,000 after acquiring an additional 18,707 shares during the period. TD Asset Management Inc boosted its holdings in shares of Bunge Global by 67.4% in the third quarter. TD Asset Management Inc now owns 60,994 shares of the basic materials company’s stock valued at $4,956,000 after acquiring an additional 24,565 shares during the period. Finally, Pacific Point Advisors LLC acquired a new stake in shares of Bunge Global in the fourth quarter valued at approximately $1,436,000. 86.23% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. UBS Group reissued a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Morgan Stanley increased their price target on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. HSBC increased their price target on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. One equities research 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. Based on data from MarketBeat.com, Bunge Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.
Bunge Global Trading Down 2.2%
NYSE:BG opened at $125.40 on Friday. The company has a market capitalization of $24.33 billion, a PE ratio of 29.23 and a beta of 0.62. The stock has a fifty day simple moving average of $125.06 and a 200-day simple moving average of $114.37. Bunge Global SA has a 52-week low of $71.60 and a 52-week high of $134.87. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57.
Bunge Global (NYSE:BG – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating the consensus estimate of $0.97 by $0.86. The company had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The firm’s revenue was up 87.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, 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 firm also recently declared 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 2.3%. Bunge Global’s payout ratio is 67.13%.
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.
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