Colrain Capital LLC Cuts Position in Bunge Global SA $BG

Colrain Capital LLC lessened its holdings in Bunge Global SA (NYSE:BG) by 28.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 56,320 shares of the basic materials company’s stock after selling 22,230 shares during the quarter. Bunge Global comprises 2.8% of Colrain Capital LLC’s portfolio, making the stock its 16th largest position. Colrain Capital LLC’s holdings in Bunge Global were worth $5,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BG. Foster Dykema Cabot & Partners LLC purchased a new stake in Bunge Global in the third quarter worth about $25,000. Quest 10 Wealth Builders Inc. purchased a new stake in shares of Bunge Global during the fourth quarter valued at approximately $27,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Bunge Global during the second quarter valued at approximately $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Bunge Global during the second quarter valued at approximately $32,000. Finally, Stance Capital LLC purchased a new stake in shares of Bunge Global during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Down 2.2%

Shares of BG stock opened at $125.40 on Friday. Bunge Global SA has a 12-month low of $71.60 and a 12-month high of $134.87. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The firm’s 50 day moving average is $125.06 and its 200 day moving average is $114.37. The stock has a market capitalization of $24.33 billion, a P/E ratio of 29.23 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 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 company had revenue of $21.86 billion for the quarter, compared to analysts’ expectations of $23.38 billion. During the same quarter last year, the company posted $1.81 earnings per share. The firm’s quarterly revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Research analysts expect that Bunge Global SA will post 9.57 earnings per share for the current 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 $0.72 dividend. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 annualized dividend and a yield of 2.3%. Bunge Global’s dividend payout ratio (DPR) is currently 67.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on BG shares. BMO Capital Markets increased their price target on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. HSBC increased their price target on shares of Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. increased their price target on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Bunge Global presently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

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.