Western Wealth Management LLC Acquires New Holdings in Bunge Global SA $BG

Western Wealth Management LLC bought a new position in shares of Bunge Global SA (NYSE:BG) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,767 shares of the basic materials company’s stock, valued at approximately $861,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. United Services Automobile Association bought a new position in Bunge Global in the 1st quarter valued at $223,000. Woodline Partners LP grew its position in shares of Bunge Global by 34.5% during the 1st quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock valued at $862,000 after purchasing an additional 2,893 shares in the last quarter. Focus Partners Wealth increased its holdings 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 purchasing an additional 580 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Bunge Global by 118.8% in the second quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock worth $73,000 after purchasing an additional 494 shares during the period. Finally, Baird Financial Group Inc. raised its position in shares of Bunge Global by 1.1% in the second quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock worth $1,907,000 after buying an additional 263 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on BG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Finally, Barclays raised their price target on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Trading Down 0.1%

NYSE BG opened at $106.09 on Monday. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. The stock’s 50-day simple moving average is $117.43 and its two-hundred day simple moving average is $119.73. Bunge Global SA has a twelve month low of $76.01 and a twelve month high of $134.87. The company has a market capitalization of $20.38 billion, a price-to-earnings ratio of 20.60 and a beta of 0.65.

Bunge Global (NYSE:BG) last posted its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.03. The firm had revenue of $24.04 billion during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The company’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Research analysts forecast that Bunge Global SA will post 9.74 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.