Bunge Global SA (NYSE:BG) Receives Average Rating of “Moderate Buy” from Analysts

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

Several equities research analysts recently commented on BG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Morgan Stanley raised their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. UBS Group reissued a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Finally, HSBC raised their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd.

Bunge Global Price Performance

Shares of NYSE:BG opened at $123.13 on Tuesday. The company’s fifty day moving average price is $124.91 and its 200 day moving average price is $114.79. Bunge Global has a 12 month low of $71.60 and a 12 month high of $134.87. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. The firm has a market capitalization of $23.89 billion, a P/E ratio of 28.70 and a beta of 0.62.

Bunge Global (NYSE:BG) last announced 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. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The firm had revenue of $21.86 billion for the quarter, compared to analyst estimates of $23.38 billion. During the same period last year, the business earned $1.81 EPS. Bunge Global’s revenue for the quarter was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, sell-side analysts predict that Bunge Global will post 9.57 earnings per share for the current fiscal year.

Bunge Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders of record on Tuesday, February 16th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, February 16th. Bunge Global’s dividend payout ratio (DPR) is presently 67.13%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC grew its position in Bunge Global by 13.1% during the 1st quarter. Parallel Advisors LLC now owns 2,677 shares of the basic materials company’s stock worth $341,000 after purchasing an additional 310 shares during the last quarter. NewEdge Advisors LLC grew its position in Bunge Global by 4,973.8% during the 1st quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company’s stock worth $5,402,000 after purchasing an additional 41,631 shares during the last quarter. Groupama Asset Managment grew its position in Bunge Global by 26.4% during the 1st quarter. Groupama Asset Managment now owns 3,976 shares of the basic materials company’s stock worth $506,000 after purchasing an additional 830 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Bunge Global in the first quarter valued at about $370,000. Finally, Verus Capital Partners LLC purchased a new stake in shares of Bunge Global in the first quarter valued at about $255,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

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.