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

Bunge Global SA (NYSE:BG) has received an average recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $132.6667.

A number of research firms recently commented on BG. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. BMO Capital Markets boosted their price objective on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Barclays boosted their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. HSBC boosted their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Finally, Morgan Stanley boosted their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th.

Bunge Global Stock Down 3.2%

Shares of NYSE:BG opened at $123.13 on Tuesday. The company has a market cap of $23.89 billion, a price-to-earnings ratio of 28.70 and a beta of 0.62. The firm’s 50-day simple moving average is $124.91 and its 200-day simple moving average is $114.79. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. Bunge Global has a fifty-two week low of $71.60 and a fifty-two week high of $134.87.

Bunge Global (NYSE:BG) last issued 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. The business had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business’s quarterly revenue was up 87.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, equities research analysts predict that Bunge Global will post 9.57 earnings per share for the current year.

Bunge Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, February 16th. This represents a $2.88 dividend on an annualized basis and a yield of 2.3%. Bunge Global’s payout ratio is currently 67.13%.

Institutional Trading of Bunge Global

A number of institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC boosted its holdings in Bunge Global by 23.5% during the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock worth $57,000 after buying an additional 85 shares in the last quarter. Allworth Financial LP boosted its holdings in Bunge Global by 10.4% during the fourth quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock worth $93,000 after buying an additional 98 shares in the last quarter. Gould Asset Management LLC CA raised its position in Bunge Global by 2.3% during the first 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 raised its position in Bunge Global by 1.4% during the fourth 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. raised its position in Bunge Global by 4.5% during the third 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. Hedge funds and other institutional investors own 86.23% of the company’s stock.

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.