Stevens Capital Management LP Increases Position in Bunge Global SA $BG

Stevens Capital Management LP lifted its stake in Bunge Global SA (NYSE:BG) by 133.3% in the 4th quarter, Holdings Channel reports. The firm owned 11,413 shares of the basic materials company’s stock after purchasing an additional 6,522 shares during the quarter. Stevens Capital Management LP’s holdings in Bunge Global were worth $1,017,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. United Services Automobile Association purchased a new position in Bunge Global in the first quarter valued at about $223,000. Woodline Partners LP boosted its stake in shares of Bunge Global by 34.5% during the 1st quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after acquiring an additional 2,893 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Bunge Global by 16.7% in the 1st quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after acquiring an additional 580 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Bunge Global by 118.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock worth $73,000 after acquiring an additional 494 shares during the period. Finally, Baird Financial Group Inc. increased its stake in Bunge Global by 1.1% in the 2nd quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after purchasing an additional 263 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. HSBC boosted their target price on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Morgan Stanley raised their price target on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, March 11th. UBS Group reaffirmed a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Bunge Global currently has a consensus rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Price Performance

BG stock opened at $130.43 on Wednesday. The stock’s 50 day moving average price is $123.49 and its 200 day moving average price is $108.79. The firm has a market cap of $25.31 billion, a P/E ratio of 30.40 and a beta of 0.64. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60. Bunge Global SA has a 1 year low of $71.60 and a 1 year high of $133.93.

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. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. During the same quarter last year, the business posted $1.81 earnings per share. Bunge Global’s revenue 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. On average, sell-side analysts expect that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, February 16th. Bunge Global’s dividend payout ratio (DPR) 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.