Stance Capital LLC Raises Stock Holdings in Bunge Global SA $BG

Stance Capital LLC raised its holdings in shares of Bunge Global SA (NYSE:BG) by 9,240.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 38,671 shares of the basic materials company’s stock after buying an additional 38,257 shares during the period. Bunge Global comprises 1.3% of Stance Capital LLC’s portfolio, making the stock its 16th largest holding. Stance Capital LLC’s holdings in Bunge Global were worth $3,445,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BG. United Services Automobile Association acquired a new stake in shares of Bunge Global during the first quarter worth approximately $223,000. Woodline Partners LP raised its holdings in Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock valued at $862,000 after acquiring an additional 2,893 shares in the last quarter. Focus Partners Wealth raised its holdings in Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after acquiring an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Bunge Global by 118.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after acquiring an additional 494 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its stake in Bunge Global by 1.1% during 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 acquiring an additional 263 shares during the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BG has been the subject of several research analyst reports. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. UBS Group reiterated a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. HSBC boosted their price objective on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Finally, BMO Capital Markets upped their price objective on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. One research 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 company. According to data from MarketBeat.com, Bunge Global presently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Stock Performance

Bunge Global stock opened at $112.38 on Friday. The company has a market cap of $21.80 billion, a PE ratio of 26.20 and a beta of 0.62. The company has a fifty day moving average price of $123.89 and a two-hundred day moving average price of $115.19. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. Bunge Global SA has a 12 month low of $71.60 and a 12 month high of $134.87.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company earned $1.81 earnings per share. The firm’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. Research analysts expect that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Dividend Announcement

The business also recently announced 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 of this dividend is Tuesday, February 16th. This represents a $2.88 annualized dividend and a dividend yield of 2.6%. Bunge Global’s dividend payout ratio is 67.13%.

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.