ClearAlpha Technologies LP Invests $419,000 in Bunge Global SA $BG

ClearAlpha Technologies LP bought a new position in Bunge Global SA (NYSE:BG) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 4,699 shares of the basic materials company’s stock, valued at approximately $419,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BG. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Bunge Global in the 3rd quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. purchased a new position in shares of Bunge Global in the 4th quarter worth approximately $27,000. CYBER HORNET ETFs LLC purchased a new position in Bunge Global during the 2nd quarter valued at $31,000. MUFG Securities EMEA plc purchased a new position in Bunge Global during the 2nd quarter valued at $32,000. Finally, Stance Capital LLC purchased a new position in Bunge Global during the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Down 2.7%

BG opened at $116.19 on Thursday. The firm has a market cap of $22.54 billion, a price-to-earnings ratio of 27.08 and a beta of 0.62. The company has a current ratio of 1.60, a quick ratio of 0.69 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 $134.87. The stock has a fifty day moving average price of $124.47 and a 200-day moving average price of $115.09.

Bunge Global (NYSE:BG) last released its quarterly earnings results 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. 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 business’s revenue for the quarter was up 87.8% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.5%. The ex-dividend date is Tuesday, February 16th. Bunge Global’s payout ratio is 67.13%.

Analyst Ratings Changes

BG has been the subject of a number of recent analyst reports. Barclays boosted their price objective on Bunge Global from $145.00 to $150.00 and gave the company 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. HSBC boosted their price objective on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Morgan Stanley boosted their price objective on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus 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.