Bunge Global SA (NYSE:BG) Receives Consensus Rating of “Moderate Buy” from Brokerages

Bunge Global SA (NYSE:BG) has been given an average rating of “Moderate Buy” by the eleven analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $132.6667.

BG has been the subject of a number of research reports. BMO Capital Markets raised their price objective on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Morgan Stanley raised 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. Barclays raised their price objective on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price objective on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 24th.

Institutional Trading of Bunge Global

Hedge funds have recently modified their holdings of the company. Root Financial Partners LLC increased its holdings in Bunge Global by 23.5% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 85 shares during the last quarter. Allworth Financial LP increased its holdings in Bunge Global by 10.4% in the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock worth $93,000 after acquiring an additional 98 shares during the last quarter. Gould Asset Management LLC CA increased its holdings in Bunge Global by 2.3% in the 1st quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock worth $557,000 after acquiring an additional 99 shares during the last quarter. Optimize Financial Inc increased its holdings in Bunge Global by 1.4% in the 4th quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock worth $641,000 after acquiring an additional 100 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its holdings in Bunge Global by 4.5% in 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 acquiring an additional 120 shares during the last quarter. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

Shares of NYSE 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. The firm has a market cap of $23.97 billion, a price-to-earnings ratio of 28.80 and a beta of 0.64. The business’s 50-day simple moving average is $124.37 and its 200-day simple moving average is $112.08. Bunge Global has a 52 week low of $71.60 and a 52 week high of $133.93.

Bunge Global (NYSE:BG) last announced its 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. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. During the same quarter in the prior year, the company earned $1.81 EPS. The firm’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. As a group, equities research analysts expect that Bunge Global will post 9.57 earnings per share for the current fiscal year.

Bunge Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.3%. Bunge Global’s dividend payout ratio (DPR) is currently 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.