LSV Asset Management Sells 733,032 Shares of Bunge Global SA $BG

LSV Asset Management lowered its holdings in shares of Bunge Global SA (NYSE:BG) by 35.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,339,340 shares of the basic materials company’s stock after selling 733,032 shares during the quarter. LSV Asset Management’s holdings in Bunge Global were worth $119,308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Global Retirement Partners LLC grew its holdings in shares of Bunge Global by 3,178.7% during the 4th quarter. Global Retirement Partners LLC now owns 4,000 shares of the basic materials company’s stock valued at $356,000 after purchasing an additional 3,878 shares during the last quarter. Twin Capital Management Inc. grew its holdings in shares of Bunge Global by 2.4% during the 4th quarter. Twin Capital Management Inc. now owns 9,150 shares of the basic materials company’s stock valued at $815,000 after purchasing an additional 216 shares during the last quarter. Leonteq Securities AG bought a new position in shares of Bunge Global during the 4th quarter valued at $187,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Bunge Global during the 4th quarter valued at $5,784,000. Finally, Handelsbanken Fonder AB grew its holdings in shares of Bunge Global by 3.0% during the 4th quarter. Handelsbanken Fonder AB now owns 27,400 shares of the basic materials company’s stock valued at $2,441,000 after purchasing an additional 800 shares during the last quarter. Institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Up 0.2%

Shares of BG opened at $120.65 on Friday. The stock has a market capitalization of $23.41 billion, a P/E ratio of 28.12 and a beta of 0.64. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. The firm has a fifty day simple moving average of $124.66 and a two-hundred day simple moving average of $111.20. Bunge Global SA has a twelve month low of $71.60 and a twelve month 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 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 analysts’ expectations of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The firm’s revenue for the quarter was up 87.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, research analysts anticipate that Bunge Global SA will post 9.57 EPS for the current year.

Bunge Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th will be given a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, February 16th. Bunge Global’s dividend payout ratio (DPR) is currently 65.27%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BG shares. JPMorgan Chase & Co. increased their target price on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. Stephens reissued an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. Morgan Stanley increased their price target on shares of Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, March 11th. Barclays increased their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, BMO Capital Markets increased 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. One equities research 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global 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.