Bunge Global SA $BG Shares Sold by LSV Asset Management

LSV Asset Management cut its holdings in shares of Bunge Global SA (NYSE:BG) by 3.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,072,372 shares of the basic materials company’s stock after selling 63,490 shares during the period. LSV Asset Management’s holdings in Bunge Global were worth $168,380,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. United Services Automobile Association acquired a new stake in Bunge Global during the 1st quarter worth $223,000. Woodline Partners LP raised its holdings in shares of Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock valued at $862,000 after buying an additional 2,893 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Bunge Global by 16.7% during the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after buying an additional 580 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Bunge Global by 50.4% during the second quarter. Janney Montgomery Scott LLC now owns 6,802 shares of the basic materials company’s stock worth $546,000 after buying an additional 2,278 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Bunge Global in the 2nd quarter valued at about $29,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Bunge Global

In other news, VP Christos Dimopoulos sold 25,300 shares of Bunge Global stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $94.37, for a total transaction of $2,387,561.00. Following the completion of the sale, the vice president directly owned 104,537 shares in the company, valued at approximately $9,865,156.69. This trade represents a 19.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on BG shares. Morgan Stanley increased their price objective on Bunge Global from $120.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Stephens reaffirmed an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a report on Thursday, February 5th. Citigroup reiterated a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. BMO Capital Markets restated an “outperform” rating and set a $130.00 price objective on shares of Bunge Global in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Bunge Global from $109.00 to $117.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Bunge Global presently has a consensus rating of “Moderate Buy” and an average price target of $121.44.

Bunge Global Price Performance

Bunge Global stock opened at $122.03 on Thursday. The company has a market cap of $23.60 billion, a P/E ratio of 22.52, a price-to-earnings-growth ratio of 0.75 and a beta of 0.78. Bunge Global SA has a one year low of $68.33 and a one year high of $122.19. The business has a fifty day moving average of $101.48 and a two-hundred day moving average of $92.17. 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 announced its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.17. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The business had revenue of $23.76 billion during the quarter, compared to the consensus estimate of $23 billion. During the same quarter last year, the firm posted $2.13 EPS. The business’s revenue was up 75.5% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, analysts predict that Bunge Global SA will post 7.94 earnings per share for the current fiscal year.

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.