Swiss Life Asset Management Ltd Buys 6,207 Shares of Bunge Global SA $BG

Swiss Life Asset Management Ltd lifted its position in shares of Bunge Global SA (NYSE:BG) by 15.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 45,951 shares of the basic materials company’s stock after acquiring an additional 6,207 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Bunge Global were worth $4,093,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. United Services Automobile Association purchased a new stake in shares of Bunge Global during the 1st quarter valued at $223,000. Woodline Partners LP grew its holdings in Bunge Global by 34.5% during the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after acquiring an additional 2,893 shares during the period. Focus Partners Wealth increased its holdings in shares of Bunge Global by 16.7% during the 1st quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after purchasing an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in 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 in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of Bunge Global by 1.1% in the 2nd quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after purchasing an additional 263 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on BG. Barclays upped 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. HSBC upped their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Weiss Ratings lowered shares of Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Stephens restated an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a report on Thursday, February 5th. Finally, BMO Capital Markets raised their price target on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Price Performance

BG stock opened at $123.01 on Friday. 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 firm has a market capitalization of $23.87 billion, a P/E ratio of 28.67 and a beta of 0.64. The business’s 50-day moving average is $124.17 and its two-hundred day moving average is $110.21. Bunge Global SA has a 1 year low of $71.60 and a 1 year high of $133.93.

Bunge Global (NYSE:BG) last announced its quarterly earnings data 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. 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 the consensus estimate of $23.38 billion. During the same period in the previous year, the company posted $1.81 earnings per share. The business’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. Analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The company 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. This represents a $2.88 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, February 16th. Bunge Global’s payout ratio is 65.27%.

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.