Tounjian Advisory Partners LLC Invests $888,000 in Bunge Global SA $BG

Tounjian Advisory Partners LLC acquired a new stake in Bunge Global SA (NYSE:BG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,932 shares of the basic materials company’s stock, valued at approximately $888,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Glencore plc purchased a new position in shares of Bunge Global during the 3rd quarter worth about $2,665,496,000. Bryce Point Capital LLC acquired a new position in shares of Bunge Global in the 3rd quarter valued at $535,000. Polianta Ltd purchased a new stake in shares of Bunge Global during the 3rd quarter valued at $1,560,000. AE Wealth Management LLC raised its position in shares of Bunge Global by 2.9% in the 3rd quarter. AE Wealth Management LLC now owns 168,635 shares of the basic materials company’s stock worth $13,702,000 after buying an additional 4,691 shares during the period. Finally, Voya Investment Management LLC boosted its holdings in Bunge Global by 719.2% in the third quarter. Voya Investment Management LLC now owns 303,928 shares of the basic materials company’s stock valued at $24,694,000 after acquiring an additional 266,827 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BG shares. Bank of America boosted their target price on Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. CICC Research upped their target price on Bunge Global from $90.00 to $110.00 in a research report on Friday, November 7th. Stephens reiterated an “overweight” rating and set a $130.00 target price on shares of Bunge Global in a report on Thursday, February 5th. Barclays boosted their price target on Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Finally, Citigroup reaffirmed a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $121.44.

Bunge Global Price Performance

Shares of NYSE:BG opened at $120.39 on Friday. Bunge Global SA has a twelve month low of $68.33 and a twelve month high of $124.78. The stock’s 50 day moving average is $108.51 and its 200-day moving average is $95.54. 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 firm has a market capitalization of $23.30 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 0.76 and a beta of 0.78.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 EPS for the quarter, topping 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 company had revenue of $23.76 billion during the quarter, compared to the consensus estimate of $23 billion. During the same period in the previous year, the firm posted $2.13 earnings per share. The firm’s revenue for the quarter was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts forecast that Bunge Global SA will post 7.94 EPS for the current fiscal year.

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.