Geode Capital Management LLC Has $309.64 Million Stake in Bunge Global SA $BG

Geode Capital Management LLC decreased its position in shares of Bunge Global SA (NYSE:BG) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,490,002 shares of the basic materials company’s stock after selling 158,762 shares during the quarter. Geode Capital Management LLC’s holdings in Bunge Global were worth $309,639,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BG. Foster Dykema Cabot & Partners LLC acquired a new position in Bunge Global during the 3rd quarter worth about $25,000. Quest 10 Wealth Builders Inc. acquired a new position in Bunge Global during the 4th quarter worth about $27,000. CYBER HORNET ETFs LLC acquired a new position in Bunge Global during the 2nd quarter worth about $31,000. MUFG Securities EMEA plc acquired a new position in Bunge Global during the 2nd quarter worth about $32,000. Finally, Stance Capital LLC acquired a new position in Bunge Global during the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

BG has been the topic of several recent research reports. Stephens reaffirmed an “overweight” rating and set a $130.00 target price on shares of Bunge Global in a report on Thursday, February 5th. Barclays lifted their target price on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. BMO Capital Markets lifted their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. lifted their target price on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Bunge Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Stock Performance

Shares of Bunge Global stock opened at $129.96 on Tuesday. Bunge Global SA has a one year low of $71.60 and a one year high of $133.93. The firm has a market capitalization of $25.22 billion, a price-to-earnings ratio of 30.29 and a beta of 0.62. The business has a 50-day simple moving average of $124.52 and a 200 day simple moving average of $112.51. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.

Bunge Global (NYSE:BG) last issued its 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 analyst estimates of $23.38 billion. During the same period in the previous year, the company posted $1.81 EPS. The firm’s revenue 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. On average, research 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 announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, February 16th. Bunge Global’s payout ratio is presently 67.13%.

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.