Lmcg Investments LLC Has $11.51 Million Stock Holdings in Bunge Global SA $BG

Lmcg Investments LLC grew its stake in Bunge Global SA (NYSE:BGFree Report) by 4.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 129,241 shares of the basic materials company’s stock after buying an additional 5,298 shares during the period. Lmcg Investments LLC’s holdings in Bunge Global were worth $11,513,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BG. United Services Automobile Association acquired a new stake in shares of Bunge Global in the first quarter valued at about $223,000. Woodline Partners LP increased its stake in shares of Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock valued at $862,000 after buying an additional 2,893 shares during the period. Focus Partners Wealth increased its stake in shares of Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after buying an additional 580 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Bunge Global by 118.8% in the second quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after buying an additional 494 shares during the period. Finally, Baird Financial Group Inc. increased its stake in shares of Bunge Global by 1.1% in the second quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after buying an additional 263 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Ratings Changes

BG has been the subject of several recent research reports. Stephens reissued an “overweight” rating and issued a $130.00 price target on shares of Bunge Global in a research note on Thursday, February 5th. Weiss Ratings cut Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. BMO Capital Markets increased their price target on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Bank of America increased their price target on Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

View Our Latest Analysis on Bunge Global

Bunge Global Trading Down 3.2%

NYSE BG opened at $126.23 on Thursday. The business has a 50 day simple moving average of $123.59 and a 200 day simple moving average of $109.01. Bunge Global SA has a one year low of $71.60 and a one year high of $133.93. The stock has a market capitalization of $24.49 billion, a P/E ratio of 29.42 and a beta of 0.64. 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:BGGet Free Report) last released its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, topping the consensus estimate of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The business had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same quarter last year, the firm posted $1.81 earnings per share. The firm’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. Research analysts expect that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be paid 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%.

Bunge Global Company Profile

(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.

See Also

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

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