Savant Capital LLC Reduces Stock Holdings in Bunge Global SA $BG

Savant Capital LLC decreased its position in Bunge Global SA (NYSE:BG) by 72.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,826 shares of the basic materials company’s stock after selling 9,894 shares during the period. Savant Capital LLC’s holdings in Bunge Global were worth $341,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of BG. Foster Dykema Cabot & Partners LLC purchased a new position in Bunge Global in the third quarter valued at approximately $25,000. Quest 10 Wealth Builders Inc. purchased a new position in Bunge Global in the fourth quarter valued at approximately $27,000. CYBER HORNET ETFs LLC purchased a new position in Bunge Global in the second quarter valued at approximately $31,000. MUFG Securities EMEA plc purchased a new position in Bunge Global in the second quarter valued at approximately $32,000. Finally, Stance Capital LLC purchased a new position in Bunge Global in the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BG shares. JPMorgan Chase & Co. upped their price objective on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. Morgan Stanley boosted their target price on shares of Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. UBS Group reissued a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. HSBC boosted their target price on shares of Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Finally, BMO Capital Markets boosted their target price on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Bunge Global has an average rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Trading Down 2.1%

Shares of BG stock opened at $126.70 on Friday. The company’s fifty day simple moving average is $125.09 and its two-hundred day simple moving average is $113.32. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. Bunge Global SA has a 1 year low of $71.60 and a 1 year high of $134.87. The stock has a market capitalization of $24.58 billion, a price-to-earnings ratio of 29.53 and a beta of 0.62.

Bunge Global (NYSE:BG) last released its quarterly earnings results 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. The firm had revenue of $21.86 billion for the quarter, compared to analysts’ expectations of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business’s quarterly revenue was up 87.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, February 16th. This represents a $2.88 annualized dividend and a dividend yield of 2.3%. Bunge Global’s dividend payout ratio is presently 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.