Stance Capital LLC Grows Stock Position in Bunge Global SA $BG

Stance Capital LLC boosted its holdings in Bunge Global SA (NYSE:BG) by 9,240.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,671 shares of the basic materials company’s stock after buying an additional 38,257 shares during the period. Bunge Global accounts for approximately 1.3% of Stance Capital LLC’s holdings, making the stock its 16th largest holding. Stance Capital LLC’s holdings in Bunge Global were worth $3,445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BG. Glencore plc raised its position in shares of Bunge Global by 100.0% in the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after buying an additional 32,806,103 shares during the period. Vanguard Group Inc. boosted its holdings in Bunge Global by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock valued at $1,565,136,000 after acquiring an additional 777,805 shares during the last quarter. HighTower Advisors LLC grew its position in Bunge Global by 86.5% during the third quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock valued at $3,277,000 after acquiring an additional 18,707 shares during the period. TD Asset Management Inc grew its position in Bunge Global by 67.4% during the third quarter. TD Asset Management Inc now owns 60,994 shares of the basic materials company’s stock valued at $4,956,000 after acquiring an additional 24,565 shares during the period. Finally, Pacific Point Advisors LLC acquired a new stake in Bunge Global during the fourth quarter worth about $1,436,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Down 0.2%

Shares of NYSE:BG opened at $112.38 on Friday. The company has a market capitalization of $21.80 billion, a price-to-earnings ratio of 26.20 and a beta of 0.62. The company has a 50 day moving average of $123.89 and a two-hundred day moving average of $115.19. Bunge Global SA has a 52-week low of $71.60 and a 52-week high of $134.87. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. The business had revenue of $21.86 billion for the quarter, compared to analysts’ expectations 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 in the previous year, the company posted $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, analysts forecast that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders of record on Tuesday, February 16th will be issued a $0.72 dividend. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 dividend on an annualized basis and a yield of 2.6%. Bunge Global’s payout ratio is currently 67.13%.

Analyst Ratings Changes

Several research firms have recently weighed in on BG. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. BMO Capital Markets lifted their price target on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Barclays increased their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. increased their price target on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. Finally, UBS Group restated a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.