Christopher Mahoney Purchases 5,000 Shares of Bunge Global (NYSE:BG) Stock

Bunge Global SA (NYSE:BG) Director Christopher Mahoney purchased 5,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of $105.53 per share, for a total transaction of $527,650.00. Following the purchase, the director owned 13,320 shares in the company, 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 SEC, which is accessible through this link.

Christopher Mahoney also recently made the following trade(s):

• On Tuesday, August 4th, Christopher Mahoney acquired 1,500 shares of Bunge Global stock. The shares were acquired at an average cost of $107.60 per share, with a total value of $161,400.00.

Bunge Global Stock Down 0.0%

Shares of BG opened at $106.72 on Thursday. The company’s 50-day moving average price is $116.56 and its 200 day moving average price is $119.74. Bunge Global SA has a 12-month low of $76.01 and a 12-month high of $134.87. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The firm has a market cap of $20.50 billion, a P/E ratio of 20.72 and a beta of 0.65.

Bunge Global (NYSE:BG) last announced its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. The business had revenue of $24.04 billion during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The business’s revenue for the quarter was up 88.3% on a year-over-year basis. During the same period last year, the business earned $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, sell-side analysts forecast that Bunge Global SA will post 9.72 earnings per share for the current year.

Hedge Funds Weigh In On Bunge Global

Several institutional investors have recently modified their holdings of the business. Glencore plc lifted its position in shares of Bunge Global by 100.0% during the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after buying an additional 32,806,103 shares during the last quarter. Vanguard Group Inc. boosted its stake in Bunge Global by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock valued at $1,565,136,000 after acquiring an additional 777,805 shares in the last quarter. Pacific Point Advisors LLC purchased a new position in shares of Bunge Global during the fourth quarter worth about $1,436,000. KBC Group NV increased its position in shares of Bunge Global by 35.9% during the fourth quarter. KBC Group NV now owns 37,284 shares of the basic materials company’s stock worth $3,321,000 after purchasing an additional 9,849 shares in the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Bunge Global during the fourth quarter worth about $560,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BG shares. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Finally, Barclays raised their target price on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

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.