Lmcg Investments LLC increased its holdings in Bunge Global SA (NYSE:BG – Free Report) by 84.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 238,796 shares of the basic materials company’s stock after buying an additional 109,478 shares during the period. Bunge Global comprises about 1.3% of Lmcg Investments LLC’s holdings, making the stock its 18th largest position. Lmcg Investments LLC owned about 0.12% of Bunge Global worth $25,323,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in BG. Quadrant Capital Group LLC raised its position in Bunge Global by 1,002.6% during the third quarter. Quadrant Capital Group LLC now owns 55,540 shares of the basic materials company’s stock worth $6,026,000 after acquiring an additional 50,503 shares during the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of Bunge Global by 30,835.7% in the third quarter. Physician Wealth Advisors Inc. now owns 4,331 shares of the basic materials company’s stock valued at $454,000 after purchasing an additional 4,317 shares in the last quarter. Uncommon Cents Investing Inc lifted its holdings in shares of Bunge Global by 43.0% in the third quarter. Uncommon Cents Investing Inc now owns 47,411 shares of the basic materials company’s stock valued at $5,044,000 after purchasing an additional 14,245 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Bunge Global by 638.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,071,356 shares of the basic materials company’s stock valued at $217,777,000 after purchasing an additional 1,790,978 shares during the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV grew its position in shares of Bunge Global by 299.9% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 18,718 shares of the basic materials company’s stock valued at $1,973,000 after purchasing an additional 14,037 shares during the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on BG shares. JPMorgan Chase & Co. dropped their price objective on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. BMO Capital Markets reiterated an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a report on Thursday, August 13th. Finally, UBS Group raised their price target on Bunge Global from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.89.
Get Our Latest Report on Bunge Global
Insider Buying and Selling at Bunge Global
In other Bunge Global news, Director Christopher Mahoney acquired 5,000 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was bought at an average cost of $105.53 per share, for a total transaction of $527,650.00. Following the completion of the purchase, the director directly owned 13,320 shares in the company, valued at $1,405,659.60. This represents a 60.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.
Bunge Global Price Performance
NYSE:BG opened at $102.15 on Thursday. The firm has a market cap of $19.62 billion, a price-to-earnings ratio of 19.83 and a beta of 0.73. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The company’s 50-day moving average is $112.70 and its two-hundred day moving average is $116.98. Bunge Global SA has a 12-month low of $88.24 and a 12-month high of $134.87.
Bunge Global (NYSE:BG – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.03. The company had revenue of $24.04 billion for the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period last year, the company earned $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Research analysts expect that Bunge Global SA will post 9.61 EPS for the current year.
Bunge Global Company Profile
Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.
The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.
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