Stoneridge Investment Partners LLC Makes New $486,000 Investment in Bunge Global SA $BG

Stoneridge Investment Partners LLC purchased a new stake in Bunge Global SA (NYSE:BG) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 4,579 shares of the basic materials company’s stock, valued at approximately $486,000.

A number of other institutional investors have also modified their holdings of BG. Norges Bank bought a new position in Bunge Global in the fourth quarter worth about $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Bunge Global by 168,119.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock valued at $103,846,000 after purchasing an additional 1,165,071 shares during the last quarter. Merewether Investment Management LP bought a new position in shares of Bunge Global during the third quarter valued at approximately $74,888,000. Vanguard Group Inc. grew its holdings in shares of Bunge Global by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock valued at $1,565,136,000 after purchasing an additional 777,805 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its position in shares of Bunge Global by 2,279.8% during the 4th quarter. Balyasny Asset Management L.P. now owns 530,964 shares of the basic materials company’s stock worth $47,298,000 after purchasing an additional 508,653 shares during the period. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

BG stock opened at $113.77 on Friday. The company has a 50-day simple moving average of $114.28 and a 200 day simple moving average of $119.72. The company has a market capitalization of $21.86 billion, a P/E ratio of 22.09 and a beta of 0.65. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. Bunge Global SA has a fifty-two week low of $76.01 and a fifty-two week high of $134.87.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.97 by $0.03. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm had revenue of $24.04 billion for the quarter, compared to analysts’ expectations of $22.81 billion. During the same quarter last year, the company earned $1.31 EPS. Bunge Global’s quarterly revenue was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Sell-side analysts predict that Bunge Global SA will post 9.72 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BG. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Barclays upped their price target on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $150.00 price objective on shares of Bunge Global in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Insider Activity

In related news, Director Christopher Mahoney acquired 5,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of $105.53 per share, for a total transaction of $527,650.00. Following the completion of the acquisition, the director directly owned 13,320 shares of the company’s stock, valued at approximately $1,405,659.60. The trade was a 60.10% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

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.