Bunge Global SA $BG Position Raised by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. grew its stake in shares of Bunge Global SA (NYSE:BG) by 144,776.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,223 shares of the basic materials company’s stock after buying an additional 149,120 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Bunge Global were worth $15,654,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in BG. Root Financial Partners LLC grew its stake in shares of Bunge Global by 23.5% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after buying an additional 85 shares in the last quarter. Gould Asset Management LLC CA increased its holdings in shares of Bunge Global by 2.3% in the first quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock worth $557,000 after acquiring an additional 99 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Bunge Global by 19.3% during the second quarter. CoreCap Advisors LLC now owns 747 shares of the basic materials company’s stock worth $80,000 after acquiring an additional 121 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Bunge Global by 0.6% in the first quarter. PNC Financial Services Group Inc. now owns 20,150 shares of the basic materials company’s stock worth $2,563,000 after acquiring an additional 129 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its stake in shares of Bunge Global by 5.7% in the second quarter. Valeo Financial Advisors LLC now owns 2,421 shares of the basic materials company’s stock valued at $258,000 after buying an additional 130 shares in the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Christopher Mahoney acquired 5,000 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was bought at an average price of $105.53 per share, for a total transaction of $527,650.00. Following the transaction, the director owned 13,320 shares of the company’s stock, valued at approximately $1,405,659.60. The trade was a 60.10% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a report on Wednesday, August 19th. Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. BMO Capital Markets restated an “outperform” rating and issued a $150.00 target price on shares of Bunge Global in a research note on Thursday, August 13th. 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 report on Thursday, September 10th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Bunge Global has an average rating of “Moderate Buy” and an average target price of $129.89.

Bunge Global Stock Performance

NYSE BG opened at $103.16 on Friday. The firm has a market capitalization of $19.82 billion, a P/E ratio of 20.03 and a beta of 0.73. Bunge Global SA has a 1-year low of $88.24 and a 1-year high of $134.87. The business’s 50-day simple moving average is $112.29 and its 200-day simple moving average is $116.70. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.03. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm had revenue of $24.04 billion for the quarter, compared to analysts’ expectations of $22.81 billion. During the same period in the prior year, the company posted $1.31 earnings per share. The firm’s quarterly 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. Equities analysts predict that Bunge Global SA will post 9.61 EPS for the current year.

Bunge Global Company 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.