Bunge Global (NYSE:BG) Reaches New 12-Month High – What’s Next?

Bunge Global SA (NYSE:BG) hit a new 52-week high on Tuesday . The company traded as high as $133.67 and last traded at $132.2750, with a volume of 539620 shares traded. The stock had previously closed at $127.62.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BG shares. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Morgan Stanley boosted their price target on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. boosted their price target on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 24th. BMO Capital Markets boosted their price target on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Finally, Stephens reissued an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. One 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Price Performance

The company’s 50-day simple moving average is $123.61 and its 200-day simple moving average is $109.19. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. The stock has a market capitalization of $24.02 billion, a price-to-earnings ratio of 28.85 and a beta of 0.64.

Bunge Global (NYSE:BG) last issued its quarterly earnings data 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. The firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business’s revenue for the quarter was up 87.8% compared to the same quarter last year. During the same period last year, the business posted $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Research analysts forecast that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Dividend Announcement

The firm 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 2.3%. Bunge Global’s dividend payout ratio (DPR) is currently 65.27%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Glencore plc increased its holdings in shares of Bunge Global by 100.0% during the fourth quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after purchasing an additional 32,806,103 shares during the period. Vanguard Group Inc. increased its holdings in shares of Bunge Global by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after purchasing an additional 777,805 shares during the period. Bryce Point Capital LLC bought a new position in shares of Bunge Global during the third quarter worth approximately $535,000. AE Wealth Management LLC increased its holdings in shares of Bunge Global by 2.9% during the third quarter. AE Wealth Management LLC now owns 168,635 shares of the basic materials company’s stock worth $13,702,000 after purchasing an additional 4,691 shares during the period. Finally, HighTower Advisors LLC increased its holdings in shares of Bunge Global by 86.5% during the third quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock worth $3,277,000 after purchasing an additional 18,707 shares during the period. 86.23% of the stock is owned by institutional investors.

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.