Mitsubishi UFJ Asset Management Co. Ltd. Purchases 18,045 Shares of Bunge Global SA $BG

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Bunge Global SA (NYSE:BG) by 7.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 276,267 shares of the basic materials company’s stock after purchasing an additional 18,045 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Bunge Global were worth $22,447,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. United Services Automobile Association purchased a new stake in Bunge Global during the first quarter valued at approximately $223,000. Woodline Partners LP boosted its stake in shares of Bunge Global by 34.5% during the 1st quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after acquiring an additional 2,893 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Bunge Global by 16.7% during the 1st quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after acquiring an additional 580 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in shares of Bunge Global during the 2nd quarter valued at $263,000. Finally, Nisa Investment Advisors LLC grew its position in shares of Bunge Global by 62.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 8,699 shares of the basic materials company’s stock valued at $698,000 after acquiring an additional 3,358 shares during the period. Institutional investors own 86.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $130.00 target price on shares of Bunge Global in a report on Thursday, February 5th. Stephens reaffirmed an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a research note on Thursday, February 5th. JPMorgan Chase & Co. lifted their price objective on Bunge Global from $109.00 to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. CICC Research increased their target price on shares of Bunge Global from $90.00 to $110.00 in a report on Friday, November 7th. Finally, Morgan Stanley raised their target price on shares of Bunge Global from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Bunge Global presently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Bunge Global Stock Performance

NYSE:BG opened at $120.39 on Monday. The stock has a 50-day moving average price of $108.51 and a 200 day moving average price of $95.72. The stock has a market capitalization of $23.30 billion, a P/E ratio of 22.21, a P/E/G ratio of 0.77 and a beta of 0.75. Bunge Global SA has a 12-month low of $68.33 and a 12-month high of $124.78. The company has a current ratio of 1.61, a quick ratio of 0.74 and a debt-to-equity ratio of 0.51.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.17. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The company had revenue of $23.76 billion for the quarter, compared to analysts’ expectations of $23 billion. During the same period in the previous year, the firm earned $2.13 EPS. The firm’s revenue was up 75.5% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research 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.