Pacific Point Advisors LLC Takes Position in Bunge Global SA $BG

Pacific Point Advisors LLC purchased a new stake in Bunge Global SA (NYSE:BG) in the 4th quarter, HoldingsChannel reports. The fund purchased 16,117 shares of the basic materials company’s stock, valued at approximately $1,436,000.

Other large investors have also added to or reduced their stakes in the company. Foster Dykema Cabot & Partners LLC acquired a new stake in Bunge Global during the third quarter worth approximately $25,000. CoreCap Advisors LLC grew its stake in Bunge Global by 2,000.0% during the third quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 300 shares during the period. Root Financial Partners LLC acquired a new stake in Bunge Global during the third quarter worth approximately $28,000. CYBER HORNET ETFs LLC acquired a new stake in Bunge Global during the second quarter worth approximately $31,000. Finally, MUFG Securities EMEA plc acquired a new stake in Bunge Global during the second quarter worth approximately $32,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Down 1.2%

BG stock opened at $126.88 on Wednesday. Bunge Global SA has a twelve month low of $68.33 and a twelve month high of $131.93. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average is $121.41 and its 200-day moving average is $103.42. The firm has a market capitalization of $24.55 billion, a PE ratio of 23.41, a P/E/G ratio of 0.81 and a beta of 0.71.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.17. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The company had revenue of $23.76 billion for the quarter, compared to analyst estimates of $23 billion. During the same quarter last year, the company earned $2.13 earnings per share. The company’s revenue for the quarter was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts expect that Bunge Global SA will post 7.94 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. Investors of record on Tuesday, February 16th will be issued a dividend of $0.72 per share. 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 (DPR) is 51.66%.

Analyst Upgrades and Downgrades

Several research firms recently commented on BG. Weiss Ratings cut Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Bank of America increased their price target on Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. HSBC increased their price target on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Morgan Stanley increased 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. Finally, UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $126.60.

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.