Bunge Global SA (NYSE:BG) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Bunge Global SA (NYSE:BG) has received a consensus rating of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $129.33.

BG has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a report on Wednesday, August 19th. BMO Capital Markets reissued an “outperform” rating and set a $150.00 price objective on shares of Bunge Global in a research report on Thursday, August 13th. UBS Group upped their price objective on Bunge Global from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Finally, Zacks Research cut Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th.

Bunge Global Trading Down 1.1%

Shares of NYSE:BG opened at $110.27 on Friday. The stock’s 50-day simple moving average is $115.43 and its two-hundred day simple moving average is $119.39. The stock has a market capitalization of $21.18 billion, a price-to-earnings ratio of 21.41 and a beta of 0.67. Bunge Global has a 52-week low of $78.82 and a 52-week high of $134.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 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 during the quarter, compared to analyst estimates of $22.81 billion. During the same quarter in the prior year, the firm earned $1.31 EPS. The business’s revenue for the quarter was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Analysts expect that Bunge Global will post 9.72 EPS for the current year.

Insider Buying and Selling

In related news, Director Christopher Mahoney purchased 1,500 shares of Bunge Global stock in a transaction on Tuesday, August 4th. The stock was acquired at an average price of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the transaction, the director directly owned 14,820 shares in the company, valued at $1,594,632. This represents a 11.26% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BG. Clearstead Advisors LLC increased its holdings in Bunge Global by 167.0% in the 4th quarter. Clearstead Advisors LLC now owns 510 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 319 shares in the last quarter. Hyposwiss Advisors SA bought a new position in shares of Bunge Global in the fourth quarter worth approximately $45,000. Global Trust Asset Management LLC bought a new position in shares of Bunge Global in the first quarter worth approximately $47,000. Ameritas Advisory Services LLC bought a new position in shares of Bunge Global in the second quarter worth approximately $50,000. Finally, Root Financial Partners LLC increased its stake 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 worth $57,000 after purchasing an additional 85 shares in the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

About Bunge Global

Bunge Global SA (NYSE: BG) is a global agribusiness and food company that sources, handles, processes and distributes agricultural commodities. Its activities include the origination, storage and transportation of oilseeds, grains and other agricultural products, as well as the production of vegetable oils, protein meals, specialty fats, ingredients and other food-related products.

The company serves food manufacturers, animal-feed producers, farmers, commercial customers and consumers through operations spanning North and South America, Europe, Asia and other international markets.