Calydon Capital Raises Position in Bunge Global SA $BG

Calydon Capital lifted its position in Bunge Global SA (NYSE:BG) by 3,045.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 83,423 shares of the basic materials company’s stock after acquiring an additional 80,771 shares during the period. Calydon Capital’s holdings in Bunge Global were worth $6,778,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in BG. Chevy Chase Trust Holdings LLC raised its holdings in Bunge Global by 0.7% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 71,470 shares of the basic materials company’s stock worth $5,807,000 after acquiring an additional 480 shares during the last quarter. Boothbay Fund Management LLC lifted its position in Bunge Global by 140.4% in the 3rd quarter. Boothbay Fund Management LLC now owns 14,449 shares of the basic materials company’s stock valued at $1,174,000 after acquiring an additional 8,439 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Bunge Global by 34.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 398,271 shares of the basic materials company’s stock valued at $32,356,000 after purchasing an additional 100,991 shares during the last quarter. Creative Planning boosted its stake in Bunge Global by 13.8% during the 3rd quarter. Creative Planning now owns 12,959 shares of the basic materials company’s stock valued at $1,053,000 after purchasing an additional 1,576 shares during the last quarter. Finally, Lazard Asset Management LLC increased its holdings in shares of Bunge Global by 117.8% in the 3rd quarter. Lazard Asset Management LLC now owns 11,323 shares of the basic materials company’s stock worth $920,000 after purchasing an additional 6,125 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Down 0.9%

Bunge Global stock opened at $124.73 on Friday. Bunge Global SA has a one year low of $68.33 and a one year high of $127.24. The stock has a fifty day moving average of $114.51 and a 200 day moving average of $98.15. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.74 and a current ratio of 1.61. The stock has a market cap of $24.14 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 0.79 and a beta of 0.75.

Bunge Global (NYSE:BG) last announced its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.17. The business had revenue of $23.76 billion for 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 for the quarter was up 75.5% on a year-over-year basis. During the same period last year, the firm posted $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, sell-side analysts predict that Bunge Global SA will post 7.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BG shares. Zacks Research cut Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Weiss Ratings cut Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday. Bank of America boosted their target price on Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Finally, Barclays upped their target price on shares of Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $122.40.

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.