Monaco Asset Management SAM Has $2.03 Million Stake in Bunge Global SA $BG

Monaco Asset Management SAM lifted its position in shares of Bunge Global SA (NYSE:BG) by 25.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 25,000 shares of the basic materials company’s stock after purchasing an additional 5,000 shares during the quarter. Monaco Asset Management SAM’s holdings in Bunge Global were worth $2,031,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. CoreCap Advisors LLC grew its stake in shares of Bunge Global by 2,000.0% during the 3rd quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 300 shares in the last quarter. Root Financial Partners LLC bought a new position in Bunge Global in the third quarter valued at $28,000. CYBER HORNET ETFs LLC acquired a new stake in Bunge Global in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc bought a new stake in Bunge Global during the 2nd quarter worth about $32,000. Finally, Rakuten Securities Inc. grew its holdings in shares of Bunge Global by 57.7% in the 2nd quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock valued at $39,000 after acquiring an additional 176 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.

Bunge Global Stock Down 1.2%

Shares of BG opened at $121.98 on Friday. The firm has a market cap of $23.59 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 0.78 and a beta of 0.78. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.74 and a current ratio of 1.61. Bunge Global SA has a 52 week low of $68.33 and a 52 week high of $124.78. The firm’s 50-day simple moving average is $105.63 and its 200 day simple moving average is $94.20.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.17. The company had revenue of $23.76 billion during the quarter, compared to analysts’ expectations of $23 billion. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The business’s revenue was up 75.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts forecast that Bunge Global SA will post 7.94 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on BG. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Stephens reiterated an “overweight” rating and set a $130.00 price objective on shares of Bunge Global in a research note on Thursday, February 5th. JPMorgan Chase & Co. increased their price objective on Bunge Global from $109.00 to $117.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Weiss Ratings upgraded shares of Bunge Global from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Finally, UBS Group upped their price target on shares of Bunge Global from $108.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

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.