Pacific Point Advisors LLC Acquires Shares of 16,117 Bunge Global SA $BG

Pacific Point Advisors LLC bought a new position in shares of Bunge Global SA (NYSE:BG) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 16,117 shares of the basic materials company’s stock, valued at approximately $1,436,000.

Several other large investors also recently modified their holdings of the stock. Park Avenue Securities LLC grew its holdings in shares of Bunge Global by 3.9% during the 3rd quarter. Park Avenue Securities LLC now owns 2,898 shares of the basic materials company’s stock worth $235,000 after purchasing an additional 109 shares in the last quarter. Spire Wealth Management grew its holdings in shares of Bunge Global by 20.5% during the 3rd quarter. Spire Wealth Management now owns 681 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 116 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of Bunge Global by 4.5% during the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,786 shares of the basic materials company’s stock worth $226,000 after purchasing an additional 120 shares in the last quarter. Czech National Bank lifted its position in shares of Bunge Global by 0.3% during the 4th quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock worth $3,179,000 after buying an additional 123 shares during the last quarter. Finally, M&T Bank Corp lifted its position in shares of Bunge Global by 1.9% during the 2nd quarter. M&T Bank Corp now owns 6,743 shares of the basic materials company’s stock worth $541,000 after buying an additional 124 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. BMO Capital Markets upped their price objective on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. HSBC upped their price objective on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Bank of America upped their price objective on Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Morgan Stanley upped their price objective on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. Finally, UBS Group restated a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Bunge Global currently has a consensus rating of “Moderate Buy” and an average target price of $126.60.

Bunge Global Price Performance

Shares of BG opened at $126.88 on Wednesday. Bunge Global SA has a 12-month low of $68.33 and a 12-month high of $131.93. The business has a 50-day simple moving average of $121.41 and a two-hundred day simple moving average of $103.42. 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 has a market cap of $24.55 billion, a PE ratio of 23.41, a PEG ratio of 0.81 and a beta of 0.71.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, topping 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 business had revenue of $23.76 billion during the quarter, compared to analysts’ expectations of $23 billion. During the same quarter in the prior year, the firm earned $2.13 EPS. The business’s revenue for the quarter was up 75.5% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Analysts anticipate that Bunge Global SA will post 7.94 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th will be paid a $0.72 dividend. 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 is presently 51.66%.

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.