SIR Capital Management L.P. Purchases New Stake in Bunge Global SA $BG

SIR Capital Management L.P. purchased a new stake in Bunge Global SA (NYSE:BG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 142,900 shares of the basic materials company’s stock, valued at approximately $12,730,000. Bunge Global accounts for 1.4% of SIR Capital Management L.P.’s portfolio, making the stock its 25th largest position. SIR Capital Management L.P. owned 0.07% of Bunge Global as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Foster Dykema Cabot & Partners LLC bought a new stake in Bunge Global in the 3rd quarter valued at $25,000. Quest 10 Wealth Builders Inc. bought a new stake in Bunge Global in the 4th quarter valued at $27,000. CYBER HORNET ETFs LLC bought a new stake in Bunge Global in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc bought a new stake in Bunge Global in the 2nd quarter valued at $32,000. Finally, Stance Capital LLC bought a new stake in Bunge Global in the 3rd quarter valued at $34,000. Institutional investors own 86.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Barclays upped their price objective on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. UBS Group reaffirmed a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Morgan Stanley upped their price objective on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. upped their price objective on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Stock Performance

Shares of NYSE BG opened at $127.13 on Friday. 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 $125.04 and its two-hundred day moving average price is $114.46. Bunge Global SA has a one year low of $71.60 and a one year high of $134.87. The firm has a market cap of $24.67 billion, a price-to-earnings ratio of 29.63 and a beta of 0.62.

Bunge Global (NYSE:BG) last issued its quarterly earnings data 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. The firm had revenue of $21.86 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm 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 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 issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, February 16th. Bunge Global’s dividend payout ratio is 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.