WCM Investment Management LLC Makes New $41.20 Million Investment in Bunge Global SA $BG

WCM Investment Management LLC purchased a new stake in Bunge Global SA (NYSE:BG) during the first quarter, according to its most recent filing with the SEC. The firm purchased 326,216 shares of the basic materials company’s stock, valued at approximately $41,195,000.

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

Bunge Global Price Performance

Shares of NYSE BG opened at $119.02 on Monday. The firm has a market cap of $23.09 billion, a PE ratio of 27.74 and a beta of 0.65. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. Bunge Global SA has a 1-year low of $73.17 and a 1-year high of $134.87. The company has a fifty day moving average price of $118.78 and a 200 day moving average price of $118.14.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The firm had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same quarter in the prior year, the company earned $1.81 EPS. The company’s revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Research analysts predict that Bunge Global SA will post 9.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. BMO Capital Markets increased their price target on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Barclays lifted their price objective on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. boosted their price objective on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. Zacks Research cut Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

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.