Bunge Global SA $BG Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its stake in shares of Bunge Global SA (NYSE:BG) by 51.0% in the 1st quarter, Holdings Channel reports. The firm owned 34,382 shares of the basic materials company’s stock after selling 35,828 shares during the period. Janus Henderson Group PLC’s holdings in Bunge Global were worth $4,373,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BG. Glencore plc boosted its holdings in Bunge Global by 100.0% in the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after buying an additional 32,806,103 shares during the last quarter. Norges Bank acquired a new position in shares of Bunge Global during the fourth quarter valued at approximately $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Bunge Global by 168,119.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock valued at $103,846,000 after acquiring an additional 1,165,071 shares in the last quarter. Merewether Investment Management LP purchased a new position in shares of Bunge Global in the third quarter valued at approximately $74,888,000. Finally, Vanguard Group Inc. boosted its stake in shares of Bunge Global by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after acquiring an additional 777,805 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Trading Up 2.2%

BG opened at $109.01 on Friday. The stock has a market capitalization of $20.94 billion, a PE ratio of 21.17 and a beta of 0.65. Bunge Global SA has a one year low of $76.01 and a one year high of $134.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57. The business’s 50 day moving average price is $116.27 and its 200 day moving average price is $119.75.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The company had revenue of $24.04 billion for the quarter, compared to the consensus estimate of $22.81 billion. During the same quarter in the previous year, the business earned $1.31 earnings per share. The company’s revenue for the quarter was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, equities research analysts expect that Bunge Global SA will post 9.72 EPS for the current year.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related news, Director Christopher Mahoney bought 5,000 shares of the stock in a transaction on Friday, July 31st. The stock was bought at an average price of $105.53 per share, with a total value of $527,650.00. Following the completion of the purchase, the director directly owned 13,320 shares in the company, valued at $1,405,659.60. This represents a 60.10% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by insiders.

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.