Bunge Global SA $BG Shares Bought by Capital International Inc. CA

Capital International Inc. CA grew its position in Bunge Global SA (NYSE:BG) by 23.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 92,715 shares of the basic materials company’s stock after purchasing an additional 17,544 shares during the quarter. Capital International Inc. CA’s holdings in Bunge Global were worth $7,533,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Glencore plc purchased a new position in shares of Bunge Global in the third quarter worth $2,665,496,000. Bryce Point Capital LLC purchased a new stake in shares of Bunge Global during the third quarter valued at $535,000. Polianta Ltd purchased a new stake in shares of Bunge Global during the third quarter valued at $1,560,000. AE Wealth Management LLC increased its position in shares of Bunge Global by 2.9% in the 3rd quarter. AE Wealth Management LLC now owns 168,635 shares of the basic materials company’s stock valued at $13,702,000 after acquiring an additional 4,691 shares during the period. Finally, Voya Investment Management LLC increased its position in shares of Bunge Global by 719.2% in the 3rd quarter. Voya Investment Management LLC now owns 303,928 shares of the basic materials company’s stock valued at $24,694,000 after acquiring an additional 266,827 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Price Performance

Shares of BG opened at $119.79 on Wednesday. The business’s 50-day moving average is $112.47 and its two-hundred day moving average is $97.44. The company has a market capitalization of $23.18 billion, a P/E ratio of 22.10, a P/E/G ratio of 0.75 and a beta of 0.75. Bunge Global SA has a fifty-two week low of $68.33 and a fifty-two week high of $124.78. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.74 and a current ratio of 1.61.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.17. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The business had revenue of $23.76 billion during the quarter, compared to analysts’ expectations of $23 billion. During the same quarter in the previous year, the firm posted $2.13 EPS. The company’s revenue for the quarter was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Research analysts predict that Bunge Global SA will post 7.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BG. Zacks Research cut Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Barclays increased their price objective on Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Stephens restated an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a research note on Thursday, February 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $130.00 target price on shares of Bunge Global in a report on Thursday, February 5th. Finally, Weiss Ratings lowered Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.90.

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.