Bunge Global SA $BG Shares Sold by Barings LLC

Barings LLC cut its stake in shares of Bunge Global SA (NYSE:BG) by 17.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,342 shares of the basic materials company’s stock after selling 8,067 shares during the period. Barings LLC’s holdings in Bunge Global were worth $3,115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of BG. CoreCap Advisors LLC increased its holdings in shares of Bunge Global by 2,000.0% in the third quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 300 shares during the period. Root Financial Partners LLC purchased a new position in Bunge Global in the 3rd quarter valued at $28,000. CYBER HORNET ETFs LLC acquired a new position in Bunge Global in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc purchased a new position in Bunge Global during the 2nd quarter worth $32,000. Finally, Rakuten Securities Inc. raised its position in Bunge Global by 57.7% during the 2nd quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock worth $39,000 after buying an additional 176 shares during the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Bunge Global from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of Bunge Global in a report on Thursday, February 5th. Barclays increased their target price on Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Stephens reissued an “overweight” rating and issued a $130.00 price target on shares of Bunge Global in a report on Thursday, February 5th. Finally, Citigroup reaffirmed a “buy” rating on shares of Bunge Global in a report on Tuesday, December 2nd. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Bunge Global Price Performance

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

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

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.