USA Financial Formulas purchased a new position in Bunge Global SA (NYSE:BG – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 7,134 shares of the basic materials company’s stock, valued at approximately $635,000.
Several other institutional investors and hedge funds have also made changes to their positions in BG. Wedge Capital Management L L P NC bought a new stake in Bunge Global during the fourth quarter worth approximately $5,525,000. Czech National Bank increased its position in shares of Bunge Global by 0.3% during the 4th quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock valued at $3,179,000 after purchasing an additional 123 shares during the period. Contravisory Investment Management Inc. bought a new stake in shares of Bunge Global in the 4th quarter worth $79,000. SG Americas Securities LLC lifted its holdings in shares of Bunge Global by 462.2% in the fourth quarter. SG Americas Securities LLC now owns 258,889 shares of the basic materials company’s stock valued at $23,062,000 after buying an additional 212,836 shares during the period. Finally, Fulton Bank N.A. bought a new position in Bunge Global during the fourth quarter valued at about $275,000. 86.23% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the company. HSBC lifted their target price on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Citigroup reiterated a “buy” rating on shares of Bunge Global in a report on Tuesday, December 2nd. UBS Group reissued a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Stephens restated an “overweight” rating and issued a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. Finally, Weiss Ratings downgraded Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.10.
Bunge Global Stock Performance
Shares of BG opened at $128.66 on Friday. The company has a 50-day moving average of $119.22 and a two-hundred day moving average of $100.98. The stock has a market cap of $24.90 billion, a price-to-earnings ratio of 23.74, a PEG ratio of 0.81 and a beta of 0.75. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.61 and a quick ratio of 0.74. Bunge Global SA has a one year low of $68.33 and a one year high of $131.50.
Bunge Global (NYSE:BG – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.17. The business had revenue of $23.76 billion for the quarter, compared to analyst estimates of $23 billion. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The firm’s revenue was up 75.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. On average, equities research analysts expect that Bunge Global SA will post 7.94 earnings per share for the current year.
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.
See Also
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