MQS Management LLC Invests $682,000 in Bunge Global SA $BG

MQS Management LLC purchased a new stake in Bunge Global SA (NYSE:BG) in the first quarter, HoldingsChannel reports. The firm purchased 5,364 shares of the basic materials company’s stock, valued at approximately $682,000.

Other institutional investors have also made changes to their positions in the company. Glencore plc grew its holdings 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 purchasing an additional 32,806,103 shares in the last quarter. Vanguard Group Inc. raised 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 purchasing an additional 777,805 shares in the last quarter. Pacific Point Advisors LLC acquired a new position in Bunge Global in the fourth quarter valued at about $1,436,000. TD Asset Management Inc lifted its position in Bunge Global by 67.4% during the third quarter. TD Asset Management Inc now owns 60,994 shares of the basic materials company’s stock worth $4,956,000 after purchasing an additional 24,565 shares during the period. Finally, Picton Mahoney Asset Management bought a new stake in Bunge Global during the third quarter worth about $953,000. 86.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on BG shares. BMO Capital Markets raised their target price on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. UBS Group reiterated a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Morgan Stanley lifted their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Stock Performance

NYSE:BG opened at $106.58 on Wednesday. Bunge Global SA has a twelve month low of $71.60 and a twelve month high of $134.87. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. The stock’s 50-day simple moving average is $122.16 and its 200 day simple moving average is $116.13. The firm has a market capitalization of $20.68 billion, a PE ratio of 24.84 and a beta of 0.62.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, topping the consensus estimate of $0.97 by $0.86. The firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The business’s quarterly revenue was up 87.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, analysts anticipate that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Bunge Global Profile

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.