SG Americas Securities LLC Increases Stock Holdings in Bunge Global SA $BG

SG Americas Securities LLC boosted its stake in Bunge Global SA (NYSE:BG) by 462.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 258,889 shares of the basic materials company’s stock after acquiring an additional 212,836 shares during the period. SG Americas Securities LLC’s holdings in Bunge Global were worth $23,062,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Glencore plc bought a new position in Bunge Global in the 3rd quarter worth $2,665,496,000. Norges Bank bought a new stake in shares of Bunge Global during the 2nd quarter valued at about $149,380,000. Merewether Investment Management LP purchased a new position in shares of Bunge Global during the third quarter valued at about $74,888,000. Ilex Capital Partners UK LLP increased its position in shares of Bunge Global by 383.7% during the second quarter. Ilex Capital Partners UK LLP now owns 891,673 shares of the basic materials company’s stock valued at $71,584,000 after buying an additional 707,336 shares during the period. Finally, Capital World Investors raised its stake in Bunge Global by 4.5% in the third quarter. Capital World Investors now owns 16,200,000 shares of the basic materials company’s stock worth $1,316,299,000 after buying an additional 694,709 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on BG. HSBC raised their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Bank of America increased their target price on Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Barclays raised their target price on Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Morgan Stanley lifted their price target on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, March 11th. Finally, Zacks Research cut Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $124.10.

Bunge Global Trading Up 0.2%

NYSE:BG opened at $125.66 on Friday. The firm has a market capitalization of $24.32 billion, a P/E ratio of 23.18, a PEG ratio of 0.80 and a beta of 0.75. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.61 and a quick ratio of 0.74. Bunge Global SA has a one year low of $68.33 and a one year high of $128.46. The company’s 50-day simple moving average is $118.81 and its 200 day simple moving average is $100.56.

Bunge Global (NYSE:BG) last announced its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.17. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The business had revenue of $23.76 billion during the quarter, compared to the consensus estimate of $23 billion. During the same quarter last year, the firm earned $2.13 earnings per share. The business’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. As a group, analysts forecast that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Bunge Global 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.