Hsbc Holdings PLC Has $8.31 Million Stock Holdings in Bunge Global SA $BG

Hsbc Holdings PLC lifted its position in shares of Bunge Global SA (NYSE:BG) by 76.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,925 shares of the basic materials company’s stock after purchasing an additional 40,134 shares during the quarter. Hsbc Holdings PLC’s holdings in Bunge Global were worth $8,314,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Glencore plc raised its stake in Bunge Global by 100.0% during the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after buying an additional 32,806,103 shares during the period. 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. Capital World Investors grew its stake in Bunge Global by 2.5% in the fourth quarter. Capital World Investors now owns 16,602,320 shares of the basic materials company’s stock valued at $1,478,960,000 after acquiring an additional 402,320 shares during the period. State Street Corp grew its stake in Bunge Global by 0.3% in the fourth quarter. State Street Corp now owns 6,940,141 shares of the basic materials company’s stock valued at $618,260,000 after acquiring an additional 18,819 shares during the period. Finally, FIL Ltd increased its holdings in shares of Bunge Global by 8.0% in the fourth quarter. FIL Ltd now owns 2,426,049 shares of the basic materials company’s stock worth $216,112,000 after acquiring an additional 179,850 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Performance

BG opened at $114.96 on Thursday. The business’s 50-day moving average price is $120.23 and its two-hundred day moving average price is $116.81. Bunge Global SA has a 1 year low of $71.60 and a 1 year high of $134.87. The company has a market capitalization of $22.30 billion, a price-to-earnings ratio of 26.80 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.

Bunge Global (NYSE:BG) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. The company had revenue of $21.86 billion for the quarter, compared to analyst estimates of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company’s quarterly revenue was up 87.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts expect that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BG. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. BMO Capital Markets boosted their price objective on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Morgan Stanley raised their target price on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. Barclays lifted their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, UBS Group reiterated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

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.