BNP Paribas Financial Markets Has $56.68 Million Stock Position in Bunge Global SA $BG

BNP Paribas Financial Markets raised its stake in shares of Bunge Global SA (NYSE:BGFree Report) by 137.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 636,289 shares of the basic materials company’s stock after purchasing an additional 368,816 shares during the quarter. BNP Paribas Financial Markets’ holdings in Bunge Global were worth $56,681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Catalyst Capital Advisors LLC boosted its holdings in Bunge Global by 4.0% during the fourth quarter. Catalyst Capital Advisors LLC now owns 26,217 shares of the basic materials company’s stock valued at $2,335,000 after purchasing an additional 997 shares in the last quarter. Norges Bank bought a new position in shares of Bunge Global in the fourth quarter valued at approximately $152,610,000. Fideuram Asset Management Ireland dac bought a new position in shares of Bunge Global in the fourth quarter valued at approximately $166,000. National Pension Service raised its stake in shares of Bunge Global by 10.9% in the fourth quarter. National Pension Service now owns 78,341 shares of the basic materials company’s stock valued at $6,979,000 after acquiring an additional 7,676 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Bunge Global by 3.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 20,826 shares of the basic materials company’s stock valued at $1,855,000 after acquiring an additional 719 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Bunge Global Stock Performance

BG stock opened at $129.48 on Wednesday. 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 company has a 50 day moving average price of $124.52 and a 200 day moving average price of $112.51. Bunge Global SA has a fifty-two week low of $71.60 and a fifty-two week high of $133.93. The stock has a market capitalization of $25.12 billion, a PE ratio of 30.18 and a beta of 0.62.

Bunge Global (NYSE:BGGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share 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 firm had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same quarter in the previous year, the company posted $1.81 EPS. Bunge Global’s 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. Analysts forecast that Bunge Global SA will post 9.57 EPS for the current year.

Bunge Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, February 16th. Bunge Global’s payout ratio is 67.13%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BG. JPMorgan Chase & Co. lifted their target price on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. UBS Group reiterated a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Barclays raised their target price on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. HSBC raised their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. Finally, Stephens restated an “overweight” rating and issued a $130.00 target price on shares of Bunge Global in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $132.67.

Get Our Latest Stock Report on Bunge Global

About Bunge Global

(Free Report)

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.

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Institutional Ownership by Quarter for Bunge Global (NYSE:BG)

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