Bunge Global SA $BG Shares Sold by Towle & Co.

Towle & Co. cut its stake in shares of Bunge Global SA (NYSE:BG) by 16.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,837 shares of the basic materials company’s stock after selling 17,590 shares during the period. Towle & Co.’s holdings in Bunge Global were worth $7,381,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BG. United Services Automobile Association acquired a new stake in Bunge Global during the 1st quarter worth about $223,000. Woodline Partners LP boosted its holdings in shares of Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after buying an additional 2,893 shares during the period. Focus Partners Wealth increased its position in shares of Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after acquiring an additional 580 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Bunge Global by 2.2% during the second quarter. Nordea Investment Management AB now owns 15,657 shares of the basic materials company’s stock valued at $1,272,000 after acquiring an additional 342 shares during the period. Finally, Avidian Wealth Enterprises LLC acquired a new stake in shares of Bunge Global during the second quarter valued at approximately $222,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BG. BMO Capital Markets reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of Bunge Global in a research note on Thursday, February 5th. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. CICC Research raised their target price on Bunge Global from $90.00 to $110.00 in a research report on Friday, November 7th. Barclays lifted their price target on Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. increased their price objective on Bunge Global from $109.00 to $117.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bunge Global presently has an average rating of “Moderate Buy” and a consensus target price of $121.44.

Bunge Global Trading Down 1.2%

Bunge Global stock opened at $121.98 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. Bunge Global SA has a 12 month low of $68.33 and a 12 month high of $124.78. The company’s fifty day simple moving average is $105.63 and its 200-day simple moving average is $94.20. The stock has a market cap of $23.59 billion, a P/E ratio of 22.51, a P/E/G ratio of 0.78 and a beta of 0.78.

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

Bunge Global 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.