Bunge Global SA $BG Stock Acquired by Manchester Capital Management LLC

Manchester Capital Management LLC raised its stake in Bunge Global SA (NYSE:BG) by 1,913.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 5,939 shares of the basic materials company’s stock after purchasing an additional 5,644 shares during the quarter. Manchester Capital Management LLC’s holdings in Bunge Global were worth $624,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BG. Clark Wealth Partners raised its holdings in Bunge Global by 3,657.1% during the 3rd quarter. Clark Wealth Partners now owns 263 shares of the basic materials company’s stock valued at $28,000 after buying an additional 256 shares during the last quarter. Global Trust Asset Management LLC bought a new stake in Bunge Global in the 1st quarter worth $47,000. Ameritas Advisory Services LLC bought a new stake in Bunge Global in the 2nd quarter worth $50,000. Root Financial Partners LLC increased its position in shares of Bunge Global by 23.5% in the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 85 shares during the period. Finally, Hilltop National Bank purchased a new position in shares of Bunge Global in the second quarter valued at about $63,000. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Up 0.0%

Shares of NYSE:BG traded up $0.01 during trading on Friday, hitting $103.16. The stock had a trading volume of 696,917 shares, compared to its average volume of 1,604,206. Bunge Global SA has a 12 month low of $88.24 and a 12 month high of $134.87. The company has a market capitalization of $19.82 billion, a PE ratio of 20.03 and a beta of 0.73. The firm’s fifty day moving average is $112.29 and its 200 day moving average is $116.70. 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 (NYSE:BG) last released 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. The company had revenue of $24.04 billion during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%. The firm’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Analysts anticipate that Bunge Global SA will post 9.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on BG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. JPMorgan Chase & Co. cut their target price on Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. BMO Capital Markets restated an “outperform” rating and set a $150.00 price target on shares of Bunge Global in a report on Thursday, August 13th. UBS Group upped their price target on Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Finally, Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.89.

Insider Buying and Selling

In other news, Director Christopher Mahoney acquired 5,000 shares of the stock in a transaction on Friday, July 31st. The stock was acquired at an average price of $105.53 per share, with a total value of $527,650.00. Following the completion of the transaction, the director owned 13,320 shares of the company’s stock, valued at $1,405,659.60. This represents a 60.10% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

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.