ING Groep NV Makes New $7.79 Million Investment in Bunge Global SA $BG

ING Groep NV purchased a new position in Bunge Global SA (NYSE:BG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 87,492 shares of the basic materials company’s stock, valued at approximately $7,794,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Bunge Global in the 3rd quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. purchased a new stake in shares of Bunge Global in the 4th quarter worth approximately $27,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Bunge Global in the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Bunge Global in the 2nd quarter worth approximately $32,000. Finally, Stance Capital LLC purchased a new stake in shares of Bunge Global in the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Barclays upped their price objective on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. HSBC increased their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. UBS Group reiterated a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. increased their target price on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Price Performance

Shares of Bunge Global stock opened at $125.47 on Tuesday. Bunge Global SA has a one year low of $71.60 and a one year high of $134.87. The stock’s fifty day moving average is $125.09 and its 200 day moving average is $113.66. The stock has a market cap of $24.34 billion, a P/E ratio of 29.25 and a beta of 0.62. 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 (NYSE:BG) last announced its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $23.38 billion. During the same period last year, the firm 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. Sell-side analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Announces Dividend

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

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.