Bunge Global SA (NYSE:BG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Bunge Global SA (NYSE:BG) have received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $132.6667.

BG has been the topic of a number of research reports. Morgan Stanley boosted their price target on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Stephens restated an “overweight” rating and issued a $130.00 price target on shares of Bunge Global in a report on Thursday, February 5th. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. UBS Group restated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday.

Institutional Trading of Bunge Global

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Glencore plc raised its holdings in Bunge Global by 100.0% during the fourth quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after acquiring an additional 32,806,103 shares in the last quarter. Vanguard Group Inc. raised its holdings in Bunge Global by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after acquiring an additional 777,805 shares in the last quarter. Capital World Investors raised its holdings in Bunge Global by 2.5% during the fourth quarter. Capital World Investors now owns 16,602,320 shares of the basic materials company’s stock worth $1,478,960,000 after acquiring an additional 402,320 shares in the last quarter. State Street Corp raised its holdings in Bunge Global by 0.3% during the fourth quarter. State Street Corp now owns 6,940,141 shares of the basic materials company’s stock worth $618,260,000 after acquiring an additional 18,819 shares in the last quarter. Finally, FIL Ltd raised its holdings in Bunge Global by 8.0% during the fourth quarter. FIL Ltd now owns 2,426,049 shares of the basic materials company’s stock worth $216,112,000 after acquiring an additional 179,850 shares in the last quarter. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

Shares of Bunge Global stock opened at $120.35 on Friday. The firm has a market cap of $23.35 billion, a price-to-earnings ratio of 28.05 and a beta of 0.64. The stock’s 50-day moving average is $124.47 and its 200-day moving average is $111.69. Bunge Global has a one year low of $71.60 and a one 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) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. The company had revenue of $21.86 billion for 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 company’s quarterly revenue was up 87.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts predict that Bunge Global will post 9.57 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, February 16th. Bunge Global’s dividend payout ratio is presently 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.