Mitsubishi UFJ Asset Management Co. Ltd. Buys 8,018 Shares of Bunge Global SA $BG

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Bunge Global SA (NYSE:BG) by 2.9% in the 4th quarter, Holdings Channel reports. The firm owned 284,285 shares of the basic materials company’s stock after acquiring an additional 8,018 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Bunge Global were worth $26,336,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Park Avenue Securities LLC lifted its stake in Bunge Global by 3.9% during the third quarter. Park Avenue Securities LLC now owns 2,898 shares of the basic materials company’s stock worth $235,000 after purchasing an additional 109 shares during the last quarter. Spire Wealth Management lifted its stake in Bunge Global by 20.5% during the third quarter. Spire Wealth Management now owns 681 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 116 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Bunge Global by 4.5% during the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,786 shares of the basic materials company’s stock worth $226,000 after purchasing an additional 120 shares during the last quarter. Czech National Bank lifted its stake in Bunge Global by 0.3% during the fourth quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock worth $3,179,000 after purchasing an additional 123 shares during the last quarter. Finally, Centennial Wealth Advisory LLC lifted its stake in Bunge Global by 2.1% during the fourth quarter. Centennial Wealth Advisory LLC now owns 5,992 shares of the basic materials company’s stock worth $534,000 after purchasing an additional 126 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BG has been the subject of several recent analyst reports. UBS Group restated a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. BMO Capital Markets upped their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. HSBC upped their target price on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. upped their target price on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. One 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’s stock. According to data from MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Stock Up 0.9%

Shares of NYSE:BG opened at $124.88 on Friday. The company has a fifty day moving average of $123.61 and a 200-day moving average of $109.19. The company has a market capitalization of $24.23 billion, a PE ratio of 29.11 and a beta of 0.64. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60. Bunge Global SA has a 52-week low of $71.60 and a 52-week high of $133.93.

Bunge Global (NYSE:BG) last announced its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.86. The company 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%. The company’s revenue for the quarter was up 87.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, equities analysts predict that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be issued a $0.72 dividend. 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 dividend payout ratio is presently 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.