Bunge Global SA $BG Holdings Raised by Capital World Investors

Capital World Investors lifted its holdings in Bunge Global SA (NYSE:BG) by 4.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,200,000 shares of the basic materials company’s stock after buying an additional 694,709 shares during the quarter. Capital World Investors owned approximately 8.38% of Bunge Global worth $1,316,299,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. United Services Automobile Association bought a new position in Bunge Global in the 1st quarter worth approximately $223,000. Woodline Partners LP raised its position in Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after acquiring an additional 2,893 shares in the last quarter. Focus Partners Wealth lifted its stake in Bunge Global by 16.7% during the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after purchasing an additional 580 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Bunge Global by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 101,822 shares of the basic materials company’s stock worth $8,174,000 after acquiring an additional 4,525 shares in the last quarter. Finally, Atria Investments Inc acquired a new position in shares of Bunge Global in the 2nd quarter valued at $410,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Price Performance

Shares of BG stock opened at $119.79 on Wednesday. The stock has a 50-day moving average price of $112.47 and a 200 day moving average price of $97.44. Bunge Global SA has a 12 month low of $68.33 and a 12 month high of $124.78. The firm has a market cap of $23.18 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 0.75 and a beta of 0.75. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51.

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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on BG. Morgan Stanley reiterated an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a report on Thursday, March 5th. Weiss Ratings cut shares of Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, February 23rd. UBS Group increased their price target on Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Barclays lifted their price objective on Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Finally, HSBC raised their price target on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $120.90.

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.