Kingsview Wealth Management LLC Sells 30,823 Shares of Bunge Global SA $BG

Kingsview Wealth Management LLC cut its stake in shares of Bunge Global SA (NYSE:BG) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,192 shares of the basic materials company’s stock after selling 30,823 shares during the period. Kingsview Wealth Management LLC’s holdings in Bunge Global were worth $7,945,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BG. Allworth Financial LP grew its position in shares of Bunge Global by 10.4% in the fourth quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 98 shares during the last quarter. Optimize Financial Inc lifted its holdings in Bunge Global by 1.4% during the 4th quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock worth $641,000 after purchasing an additional 100 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in Bunge Global by 4.5% during the 3rd 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 boosted its stake in Bunge Global by 0.3% in the 4th quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock valued at $3,179,000 after purchasing an additional 123 shares during the period. Finally, Centennial Wealth Advisory LLC boosted its stake in Bunge Global by 2.1% in the 4th quarter. Centennial Wealth Advisory LLC now owns 5,992 shares of the basic materials company’s stock valued at $534,000 after purchasing an additional 126 shares during the period. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

BG opened at $123.56 on Friday. 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. The firm has a market cap of $23.97 billion, a P/E ratio of 28.80 and a beta of 0.64. The business’s fifty day moving average is $124.37 and its 200-day moving average is $112.08.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating 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 quarter in the previous year, the firm earned $1.81 earnings per share. Bunge Global’s revenue for the quarter was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Sell-side analysts expect that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Announces Dividend

The company 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. The ex-dividend date is Tuesday, February 16th. This represents a $2.88 annualized dividend and a dividend yield of 2.3%. Bunge Global’s payout ratio is presently 67.13%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Morgan Stanley increased their price objective on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. boosted their target price on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. Barclays upped their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. HSBC lifted their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. Finally, Stephens restated an “overweight” rating and set a $130.00 target price on shares of Bunge Global in a research report on Thursday, February 5th. One 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 presently has an average rating of “Moderate Buy” and an average price target of $132.67.

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.