Glencore plc Buys 32,806,103 Shares of Bunge Global SA $BG

Key Points

• Glencore plc doubled its stake in Bunge Global by acquiring 32,806,103 shares in Q4, bringing its holding to 65,612,206 shares (33.93% of the company) valued at about $5.84 billion, with Bunge representing 73.6% of Glencore’s portfolio.
• Bunge beat quarterly expectations with $1.99 EPS vs. $1.82 consensus and $23.76 billion revenue vs. $23.0 billion consensus, raised FY2026 guidance to 7.50–8.00 EPS, and analysts project ~7.94 EPS for the year.
• Analyst sentiment is broadly positive with eight Buys and three Holds, an average rating of “Moderate Buy” and an average price target of $126.60; the company also pays a $0.72 quarterly dividend (2.3% yield).

Glencore plc lifted its stake in Bunge Global SA (NYSE:BG - Free Report) by 100.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,612,206 shares of the basic materials company's stock after acquiring an additional 32,806,103 shares during the quarter. Bunge Global makes up 73.6% of Glencore plc's portfolio, making the stock its biggest holding. Glencore plc owned 33.93% of Bunge Global worth $5,844,735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. United Services Automobile Association acquired a new position in Bunge Global in the first quarter worth approximately $223,000. Woodline Partners LP increased its holdings in Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company's stock worth $862,000 after buying an additional 2,893 shares during the last quarter. Focus Partners Wealth increased its holdings in Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company's stock worth $309,000 after buying an additional 580 shares during the last quarter. M&T Bank Corp increased its holdings in Bunge Global by 1.9% in the second quarter. M&T Bank Corp now owns 6,743 shares of the basic materials company's stock worth $541,000 after buying an additional 124 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Bunge Global by 118.8% in the second quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company's stock worth $73,000 after buying an additional 494 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BG has been the topic of a number of research reports. Barclays increased their price objective on Bunge Global from $135.00 to $145.00 and gave the stock an "overweight" rating in a report on Wednesday, April 1st. UBS Group reissued a "buy" rating on shares of Bunge Global in a research report on Wednesday, March 11th. JPMorgan Chase & Co. increased their target price 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. Zacks Research downgraded shares of Bunge Global from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 27th. Finally, HSBC increased their target price on shares of Bunge Global from $80.00 to $116.00 and gave the stock a "hold" rating in a research report on Tuesday, March 3rd. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $126.60.

Bunge Global Trading Up 0.0%

Shares of BG stock opened at $127.05 on Thursday. Bunge Global SA has a 12 month low of $68.33 and a 12 month high of $131.93. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. The business's 50 day moving average is $121.64 and its two-hundred day moving average is $103.59. The company has a market cap of $24.59 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 0.81 and a beta of 0.71.

Bunge Global (NYSE:BG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.82 by $0.17. The company had revenue of $23.76 billion for the quarter, compared to the consensus estimate of $23 billion. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The company's revenue for the quarter was up 75.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Equities analysts predict that Bunge Global SA will post 7.94 EPS for the current year.

Bunge Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th will be given 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 dividend payout ratio (DPR) is currently 51.66%.

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.

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