Bunge Global SA $BG Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC decreased its position in Bunge Global SA (NYSE:BG) by 77.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,924 shares of the basic materials company’s stock after selling 38,097 shares during the period. Intech Investment Management LLC’s holdings in Bunge Global were worth $973,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. acquired a new position in shares of Bunge Global in the 4th quarter worth approximately $27,000. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Bunge Global in the 3rd quarter worth approximately $25,000. CYBER HORNET ETFs LLC bought a new stake in shares of Bunge Global in the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc bought a new stake in shares of Bunge Global in the 2nd quarter worth approximately $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Bunge Global in the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Up 0.2%

BG opened at $126.70 on Monday. Bunge Global SA has a one year low of $71.60 and a one year high of $134.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60. The stock’s fifty day moving average is $125.09 and its 200-day moving average is $113.46. The company has a market capitalization of $24.58 billion, a PE ratio of 29.53 and a beta of 0.62.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company’s quarterly revenue was up 87.8% on a year-over-year basis. 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. On average, equities analysts predict that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Announces Dividend

The firm 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 dividend of $0.72 per share. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.3%. Bunge Global’s payout ratio is currently 67.13%.

Analyst Ratings Changes

Several brokerages recently issued reports on BG. JPMorgan Chase & Co. raised their price target on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Tuesday, March 24th. UBS Group reissued a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Morgan Stanley raised their price target on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. BMO Capital Markets lifted their target price on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Finally, Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

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.