Kingsview Wealth Management LLC Sells 30,823 Shares of Bunge Global SA $BG

Kingsview Wealth Management LLC lowered its position in shares of Bunge Global SA (NYSE:BG) by 25.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,192 shares of the basic materials company’s stock after selling 30,823 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Bunge Global were worth $7,945,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Bunge Global in the third quarter worth $25,000. Quest 10 Wealth Builders Inc. acquired a new position in Bunge Global during the fourth quarter worth $27,000. CYBER HORNET ETFs LLC bought a new position in Bunge Global in the second quarter valued at $31,000. MUFG Securities EMEA plc bought a new position in Bunge Global in the second quarter valued at $32,000. Finally, Stance Capital LLC acquired a new stake in Bunge Global in the 3rd quarter valued at $34,000. 86.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BG shares. BMO Capital Markets increased their price objective on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. HSBC lifted their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Stephens reaffirmed an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Stock Up 2.0%

Bunge Global stock opened at $123.56 on Friday. The firm has a market capitalization of $23.97 billion, a PE ratio of 28.80 and a beta of 0.64. The company’s 50-day moving average is $124.37 and its 200-day moving average is $112.08. Bunge Global SA has a fifty-two week low of $71.60 and a fifty-two week high of $133.93. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.86. The business 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%. Bunge Global’s revenue was up 87.8% on a year-over-year basis. During the same period last year, the business posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Sell-side analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders 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 yield of 2.3%. Bunge Global’s dividend payout ratio (DPR) is currently 67.13%.

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.