Quantitative Investment Management LLC Acquires Shares of 8,343 Bunge Global SA $BG

Quantitative Investment Management LLC bought a new position in Bunge Global SA (NYSE:BG) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,343 shares of the basic materials company’s stock, valued at approximately $890,000.

Other institutional investors have also modified their holdings of the company. CYBER HORNET ETFs LLC bought a new position in shares of Bunge Global during the 2nd quarter worth $31,000. MUFG Securities EMEA plc bought a new stake in shares of Bunge Global in the second quarter valued at about $32,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Bunge Global in the fourth quarter valued at about $35,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its stake in Bunge Global by 152.9% in the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 430 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 260 shares during the period. Finally, Rakuten Securities Inc. lifted its stake in Bunge Global by 57.7% in the second quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 176 shares during the period. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Trading Up 4.2%

Shares of NYSE BG opened at $121.06 on Wednesday. Bunge Global SA has a 1-year low of $76.01 and a 1-year high of $134.87. The business has a fifty day moving average price of $112.96 and a 200 day moving average price of $119.58. The stock has a market capitalization of $23.26 billion, a P/E ratio of 23.51 and a beta of 0.67. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The company had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. During the same quarter in the previous year, the firm earned $1.31 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Bunge Global SA will post 9.72 EPS for the current fiscal year.

Insider Buying and Selling at Bunge Global

In other news, Director Christopher Mahoney acquired 1,500 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average price of $107.60 per share, with a total value of $161,400.00. Following the transaction, the director directly owned 14,820 shares in the company, valued at approximately $1,594,632. This represents a 11.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BG shares. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $150.00 price objective on shares of Bunge Global in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average 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.