ING Groep NV Takes $7.79 Million Position in Bunge Global SA $BG

ING Groep NV purchased a new stake in Bunge Global SA (NYSE:BG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 87,492 shares of the basic materials company’s stock, valued at approximately $7,794,000.

Other hedge funds also recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. purchased a new position in shares of Bunge Global in the fourth quarter valued at $27,000. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Bunge Global in the third quarter valued at $25,000. CYBER HORNET ETFs LLC purchased a new position in shares of Bunge Global in the second quarter valued at $31,000. MUFG Securities EMEA plc purchased a new position in shares of Bunge Global in the second quarter valued at $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Bunge Global in the fourth quarter valued at $35,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Bunge Global Trading Down 0.8%

Shares of BG stock opened at $125.47 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. The business has a 50-day moving average price of $125.09 and a two-hundred day moving average price of $113.66. Bunge Global SA has a 12-month low of $71.60 and a 12-month high of $134.87. The firm has a market cap of $24.34 billion, a P/E ratio of 29.25 and a beta of 0.62.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company had revenue of $21.86 billion during the quarter, compared to analyst estimates of $23.38 billion. During the same quarter in the previous year, the company posted $1.81 EPS. Bunge Global’s revenue for the quarter was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts anticipate that Bunge Global SA will post 9.57 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 payout ratio is currently 67.13%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BG. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. HSBC lifted their price objective on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. Barclays lifted their price objective on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lifted their price objective on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. One 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 MarketBeat, Bunge Global presently has a consensus rating of “Moderate Buy” and an average price target of $132.67.

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.