SBI Securities Co. Ltd. Buys 32,427 Shares of Bunge Global SA $BG

SBI Securities Co. Ltd. raised its stake in shares of Bunge Global SA (NYSE:BG) by 2,197.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,903 shares of the basic materials company’s stock after buying an additional 32,427 shares during the period. SBI Securities Co. Ltd.’s holdings in Bunge Global were worth $3,560,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Lmcg Investments LLC lifted its stake in Bunge Global by 84.7% in the third quarter. Lmcg Investments LLC now owns 238,796 shares of the basic materials company’s stock valued at $25,323,000 after acquiring an additional 109,478 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Bunge Global by 1,002.6% in the third quarter. Quadrant Capital Group LLC now owns 55,540 shares of the basic materials company’s stock worth $6,026,000 after buying an additional 50,503 shares during the last quarter. Physician Wealth Advisors Inc. raised its holdings in Bunge Global by 30,835.7% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 4,331 shares of the basic materials company’s stock worth $454,000 after acquiring an additional 4,317 shares during the period. Uncommon Cents Investing Inc boosted its holdings in Bunge Global by 43.0% during 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 acquiring an additional 14,245 shares during the period. Finally, 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. 86.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BG has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a report on Wednesday, August 19th. UBS Group increased their price target on shares of Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. cut their price target on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. 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, August 13th. Finally, Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $129.89.

Bunge Global Stock Performance

BG stock traded up $0.01 during trading hours on Friday, hitting $103.16. 696,917 shares of the stock were exchanged, compared to its average volume of 1,604,206. Bunge Global SA has a 12 month low of $88.24 and a 12 month high of $134.87. The firm has a market capitalization of $19.82 billion, a P/E ratio of 20.03 and a beta of 0.73. The company has a 50-day simple moving average of $112.29 and a two-hundred day simple moving average of $116.70. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. The company had revenue of $24.04 billion during the quarter, compared to the consensus estimate of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm’s quarterly revenue was up 88.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, analysts forecast that Bunge Global SA will post 9.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Christopher Mahoney purchased 1,500 shares of the stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the acquisition, the director owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. This represents a 11.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by corporate insiders.

Bunge Global 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.