ProShare Advisors LLC Purchases 7,151 Shares of Bunge Global SA $BG

ProShare Advisors LLC lifted its position in Bunge Global SA (NYSE:BG) by 29.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,678 shares of the basic materials company’s stock after acquiring an additional 7,151 shares during the period. ProShare Advisors LLC’s holdings in Bunge Global were worth $2,822,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. HighTower Advisors LLC raised its position in shares of Bunge Global by 1.1% in the 4th quarter. HighTower Advisors LLC now owns 40,763 shares of the basic materials company’s stock worth $3,631,000 after acquiring an additional 433 shares in the last quarter. North Dakota State Investment Board bought a new position in shares of Bunge Global in the 4th quarter worth approximately $411,000. Abacus Wealth Partners LLC bought a new position in shares of Bunge Global in the 4th quarter worth approximately $603,000. Everstar Asset Management LLC bought a new position in shares of Bunge Global in the 4th quarter worth approximately $410,000. Finally, Applied Finance Capital Management LLC raised its position in shares of Bunge Global by 38.0% in the 4th quarter. Applied Finance Capital Management LLC now owns 3,875 shares of the basic materials company’s stock worth $345,000 after acquiring an additional 1,068 shares in the last quarter. Institutional investors own 86.23% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Stephens reissued an “overweight” rating and issued a $130.00 target price on shares of Bunge Global in a research report on Thursday, February 5th. HSBC increased their target price on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. UBS Group reaffirmed a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. BMO Capital Markets raised their price objective on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. raised their price objective on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Stock Performance

BG stock opened at $120.65 on Monday. The company has a market cap of $23.41 billion, a P/E ratio of 28.12 and a beta of 0.64. Bunge Global SA has a 1 year low of $71.60 and a 1 year 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. The stock’s fifty day moving average price is $124.66 and its 200-day moving average price is $111.32.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. The firm had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company’s revenue for the quarter 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. On average, equities analysts forecast that Bunge Global SA will post 9.57 earnings per share for the current year.

Bunge Global Announces Dividend

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

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.