6,665 Shares of Bunge Global SA $BG Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC acquired a new position in Bunge Global SA (NYSE:BG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,665 shares of the basic materials company’s stock, valued at approximately $705,000.

Several other large investors also recently bought and sold shares of the company. MLG Wealth Management DBA Pine Grove Financial Group acquired a new position in Bunge Global during the second quarter worth about $1,116,000. NewEdge Advisors LLC lifted its position in shares of Bunge Global by 4,973.8% in the first quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company’s stock valued at $5,402,000 after acquiring an additional 41,631 shares in the last quarter. National Pension Service boosted its stake in shares of Bunge Global by 267.7% during the second quarter. National Pension Service now owns 31,461 shares of the basic materials company’s stock valued at $3,358,000 after acquiring an additional 22,904 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in Bunge Global by 49,582.8% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 193,763 shares of the basic materials company’s stock valued at $19,654,000 after purchasing an additional 193,373 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its holdings in Bunge Global by 1,220.7% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 155,733 shares of the basic materials company’s stock valued at $16,676,000 after purchasing an additional 143,941 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Up 0.0%

Shares of BG traded up $0.01 during midday trading on Friday, hitting $103.16. The company had a trading volume of 696,917 shares, compared to its average volume of 1,604,206. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. Bunge Global SA has a 52 week low of $88.24 and a 52 week high of $134.87. The company’s 50 day moving average price is $112.29 and its 200 day moving average price is $116.70. The stock has a market cap of $19.82 billion, a price-to-earnings ratio of 20.03 and a beta of 0.73.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $22.81 billion. During the same quarter last year, the firm earned $1.31 EPS. The business’s revenue was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, equities research analysts predict that Bunge Global SA will post 9.61 EPS for the current year.

Insider Buying and Selling at Bunge Global

In related news, Director Christopher Mahoney bought 1,500 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the purchase, the director owned 14,820 shares of the company’s stock, valued at $1,594,632. This represents a 11.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

BG has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. BMO Capital Markets reaffirmed an “outperform” rating and set a $150.00 price target on shares of Bunge Global in a research report on Thursday, August 13th. Zacks Research cut Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. Finally, UBS Group increased their price objective on shares of Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Bunge Global presently has an average rating of “Moderate Buy” and an average target price of $129.89.

Bunge Global Profile

Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.