Vanguard Group Inc. Boosts Position in Bunge Global SA $BG

Vanguard Group Inc. lifted its position in Bunge Global SA (NYSE:BG) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,792,204 shares of the basic materials company’s stock after buying an additional 125,001 shares during the quarter. Vanguard Group Inc. owned approximately 0.08% of Bunge Global worth $1,364,367,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. State of New Jersey Common Pension Fund D increased its holdings in Bunge Global by 8.7% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 47,837 shares of the basic materials company’s stock worth $3,887,000 after acquiring an additional 3,845 shares during the period. HighTower Advisors LLC grew its position in shares of Bunge Global by 86.5% during the 3rd quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock valued at $3,277,000 after purchasing an additional 18,707 shares in the last quarter. MidWestOne Financial Group Inc. grew its position in shares of Bunge Global by 11.6% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 53,588 shares of the basic materials company’s stock valued at $4,354,000 after purchasing an additional 5,576 shares in the last quarter. Metis Global Partners LLC increased its holdings in shares of Bunge Global by 16.8% in the third quarter. Metis Global Partners LLC now owns 26,243 shares of the basic materials company’s stock worth $2,132,000 after purchasing an additional 3,767 shares during the period. Finally, Assetmark Inc. raised its position in shares of Bunge Global by 5.7% in the third quarter. Assetmark Inc. now owns 24,539 shares of the basic materials company’s stock worth $1,994,000 after buying an additional 1,314 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on BG. Weiss Ratings upgraded Bunge Global from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. CICC Research lifted their price target on Bunge Global from $90.00 to $110.00 in a research report on Friday, November 7th. Stephens reissued an “overweight” rating and set a $130.00 price objective on shares of Bunge Global in a report on Thursday, February 5th. UBS Group raised their target price on shares of Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Zacks Research cut shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Bunge Global presently has an average rating of “Moderate Buy” and an average target price of $121.44.

Bunge Global Price Performance

Shares of Bunge Global stock opened at $121.98 on Friday. The firm has a market capitalization of $23.59 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 0.78 and a beta of 0.78. The company has a current ratio of 1.61, a quick ratio of 0.74 and a debt-to-equity ratio of 0.51. Bunge Global SA has a 12 month low of $68.33 and a 12 month high of $124.78. The business’s 50-day moving average price is $105.63 and its 200-day moving average price is $94.20.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.17. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The business had revenue of $23.76 billion during the quarter, compared to analyst estimates of $23 billion. During the same quarter in the prior year, the firm earned $2.13 earnings per share. Bunge Global’s revenue for the quarter was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts forecast that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Bunge Global Company 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.