Bunge Global SA (NYSE:BG) Given Consensus Rating of “Moderate Buy” by Brokerages

Bunge Global SA (NYSE:BG) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $132.6667.

BG has been the subject of a number of recent analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Bunge Global in a report on Thursday, August 13th. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th.

Bunge Global Stock Performance

NYSE BG opened at $118.97 on Monday. The stock has a 50-day simple moving average of $113.60 and a two-hundred day simple moving average of $119.57. The firm has a market capitalization of $22.86 billion, a P/E ratio of 23.10 and a beta of 0.67. Bunge Global has a fifty-two week low of $76.01 and a fifty-two week high of $134.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The firm had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. During the same period last year, the company earned $1.31 earnings per share. Bunge Global’s revenue for the quarter was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, equities analysts forecast that Bunge Global will post 9.72 earnings per share for the current year.

Insider Transactions at Bunge Global

In other news, Director Christopher Mahoney purchased 1,500 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the purchase, the director directly owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. This trade represents a 11.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in shares of Bunge Global by 11,553.9% in the 2nd quarter. California State Teachers Retirement System now owns 18,316,682 shares of the basic materials company’s stock valued at $1,954,939,000 after purchasing an additional 18,159,510 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Bunge Global in the second quarter valued at about $266,653,000. Norges Bank acquired a new position in shares of Bunge Global during the fourth quarter worth about $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in 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 worth $103,846,000 after purchasing an additional 1,165,071 shares in the last quarter. Finally, Merewether Investment Management LP acquired a new stake in Bunge Global in the third quarter valued at about $74,888,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Company 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.