Dockside LLC Acquires New Stake in Bunge Global SA $BG

Dockside LLC acquired a new stake in shares of Bunge Global SA (NYSE:BG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 24,824 shares of the basic materials company’s stock, valued at approximately $2,211,000.

Other hedge funds have also made changes to their positions in the company. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Bunge Global during the third quarter valued at approximately $25,000. Quest 10 Wealth Builders Inc. acquired a new position in Bunge Global in the fourth quarter worth approximately $27,000. CYBER HORNET ETFs LLC acquired a new position in Bunge Global in the second quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new position in Bunge Global in the second quarter worth approximately $32,000. Finally, Stance Capital LLC acquired a new position in Bunge Global in the third quarter worth approximately $34,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Performance

Shares of NYSE BG opened at $127.13 on Friday. The business’s 50-day moving average price is $125.04 and its two-hundred day moving average price is $114.46. 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 SA has a one year low of $71.60 and a one year high of $134.87. The company has a market capitalization of $24.67 billion, a P/E ratio of 29.63 and a beta of 0.62.

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 firm had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. During the same quarter in the previous year, the company posted $1.81 earnings per share. The business’s quarterly 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. Analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Bunge Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Tuesday, February 16th will be paid a $0.72 dividend. 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 payout ratio is presently 67.13%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 24th. BMO Capital Markets lifted their price target on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Morgan Stanley lifted their price target on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global 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.