Zurcher Kantonalbank Zurich Cantonalbank Grows Stake in Bunge Global SA $BG

Key Points

• Zurcher Kantonalbank increased its stake in Bunge Global by 21.3% in Q4, owning 96,381 shares valued at about $8.59 million after buying an additional 16,928 shares.
• Glencore plc doubled its holdings to 65,612,206 shares (≈$5.84 billion), and institutional investors now own 86.23% of Bunge Global.
• Analysts hold a consensus "Moderate Buy" with an average target of $132.11; several firms raised price targets as Bunge beat quarterly EPS estimates and set FY2026 guidance of $7.50–$8.00.

Zurcher Kantonalbank Zurich Cantonalbank grew its position in Bunge Global SA (NYSE:BG - Free Report) by 21.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,381 shares of the basic materials company's stock after purchasing an additional 16,928 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Bunge Global were worth $8,586,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Glencore plc boosted its holdings in Bunge Global by 100.0% in the fourth quarter. Glencore plc now owns 65,612,206 shares of the basic materials company's stock worth $5,844,735,000 after acquiring an additional 32,806,103 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Bunge Global by 0.7% in the third quarter. Vanguard Group Inc. now owns 16,792,204 shares of the basic materials company's stock worth $1,364,367,000 after acquiring an additional 125,001 shares in the last quarter. Capital World Investors raised its holdings in shares of Bunge Global by 4.5% in the third quarter. Capital World Investors now owns 16,200,000 shares of the basic materials company's stock worth $1,316,299,000 after buying an additional 694,709 shares during the last quarter. State Street Corp raised its holdings in shares of Bunge Global by 1.3% in the third quarter. State Street Corp now owns 6,921,322 shares of the basic materials company's stock worth $562,390,000 after buying an additional 85,873 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Bunge Global by 2.9% in the third quarter. Northern Trust Corp now owns 2,299,447 shares of the basic materials company's stock worth $186,830,000 after buying an additional 65,774 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Analysts Set New Price Targets

BG has been the subject of a number of research analyst reports. UBS Group reaffirmed a "buy" rating on shares of Bunge Global in a report on Wednesday, March 11th. HSBC raised their price target 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. BMO Capital Markets increased their price objective on Bunge Global from $135.00 to $150.00 and gave the company an "outperform" rating in a report on Tuesday, March 31st. Zacks Research lowered Bunge Global from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bunge Global from $130.00 to $134.00 and gave the company an "overweight" rating in a report on Tuesday, March 24th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Bunge Global presently has an average rating of "Moderate Buy" and an average target price of $132.11.

Bunge Global Price Performance

NYSE:BG opened at $126.35 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.61 and a quick ratio of 0.74. The firm has a market cap of $24.49 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 0.79 and a beta of 0.71. The company has a 50 day moving average price of $122.99 and a 200-day moving average price of $106.66. Bunge Global SA has a 1-year low of $71.60 and a 1-year high of $131.93.

Bunge Global (NYSE:BG - Get Free Report) last posted its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.17. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The firm had revenue of $23.76 billion during the quarter, compared to analyst estimates of $23 billion. During the same period in the previous year, the firm earned $2.13 EPS. The business's quarterly revenue was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts forecast that Bunge Global SA will post 8.18 EPS for the current year.

Bunge Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th will be given a dividend of $0.72 per share. 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 51.66%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.