Jefferies Financial Group Inc. boosted its position in shares of Bunge Global SA (NYSE:BG – Free Report) by 1,187.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 236,830 shares of the basic materials company’s stock after buying an additional 218,430 shares during the period. Jefferies Financial Group Inc.’s holdings in Bunge Global were worth $21,097,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Glencore plc increased its stake in Bunge Global by 100.0% during the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after buying an additional 32,806,103 shares in the last quarter. Vanguard Group Inc. increased its stake in Bunge Global by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after buying an additional 777,805 shares in the last quarter. Bryce Point Capital LLC purchased a new stake in Bunge Global during the 3rd quarter worth approximately $535,000. AE Wealth Management LLC increased its stake in Bunge Global by 2.9% during the 3rd quarter. AE Wealth Management LLC now owns 168,635 shares of the basic materials company’s stock worth $13,702,000 after buying an additional 4,691 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Bunge Global by 86.5% during the 3rd quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock worth $3,277,000 after buying an additional 18,707 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts have commented on the company. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Morgan Stanley boosted their price objective on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 11th. JPMorgan Chase & Co. boosted their target price on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Tuesday, March 24th. BMO Capital Markets boosted their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Finally, UBS Group restated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. One 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $132.67.
Bunge Global Trading Up 0.2%
Shares of Bunge Global stock opened at $120.65 on Friday. The stock has a market cap of $23.41 billion, a P/E ratio of 28.12 and a beta of 0.64. The stock’s 50 day simple moving average is $124.66 and its 200-day simple moving average is $111.20. Bunge Global SA has a 1-year low of $71.60 and a 1-year high of $133.93. 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 (NYSE:BG – Get Free Report) last issued its 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 business had revenue of $21.86 billion for 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 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 firm posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Analysts predict that Bunge Global SA will post 9.57 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. Investors 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 dividend on an annualized basis and a yield of 2.4%. Bunge Global’s dividend payout ratio is currently 65.27%.
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.
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