Mather Group LLC. Purchases 13,847 Shares of Bunge Global SA $BG

Mather Group LLC. grew its position in Bunge Global SA (NYSE:BG) by 4,742.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,139 shares of the basic materials company’s stock after purchasing an additional 13,847 shares during the quarter. Mather Group LLC.’s holdings in Bunge Global were worth $1,484,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BG. Global Trust Asset Management LLC acquired a new position in shares of Bunge Global in the 1st quarter valued at $47,000. Root Financial Partners LLC increased its position in shares of Bunge Global by 23.5% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after buying an additional 85 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Bunge Global in the 2nd quarter valued at $50,000. Hilltop National Bank acquired a new stake in Bunge Global during the 2nd quarter worth $63,000. Finally, CoreCap Advisors LLC raised its stake in Bunge Global by 19.3% during the 2nd quarter. CoreCap Advisors LLC now owns 747 shares of the basic materials company’s stock worth $80,000 after buying an additional 121 shares during the period. 86.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. BMO Capital Markets reiterated an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a report on Thursday, August 13th. UBS Group boosted their target price on Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. JPMorgan Chase & Co. lowered their price target on Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $129.89.

Bunge Global Stock Down 0.8%

BG stock traded down $0.86 during mid-day trading on Friday, hitting $106.15. 1,696,974 shares of the company were exchanged, compared to its average volume of 1,884,085. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57. The firm has a market cap of $20.39 billion, a P/E ratio of 20.61 and a beta of 0.73. The firm’s 50 day simple moving average is $113.26 and its 200 day simple moving average is $117.58. Bunge Global SA has a 1-year low of $88.24 and a 1-year high of $134.87.

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 firm had revenue of $24.04 billion for the quarter, compared to analyst estimates 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 was up 88.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, sell-side analysts predict that Bunge Global SA will post 9.61 EPS for the current fiscal year.

Insider Activity

In related news, Director Christopher Mahoney acquired 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the acquisition, the director directly owned 14,820 shares in the company, valued at approximately $1,594,632. The trade was a 11.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Bunge Global Profile

Bunge Global SA (NYSE: BG) is a global agribusiness and food company that connects farmers with consumers by sourcing, storing, transporting, processing and marketing agricultural commodities. Its operations focus primarily on oilseeds, grains and related agricultural products, serving customers across food, feed, fuel and industrial markets.

The company processes soybeans, rapeseed, sunflower seed and other oilseeds into protein meals used in animal feed, as well as edible oils and specialty fats for food manufacturers, foodservice companies and consumers.