Commerzbank Aktiengesellschaft FI Makes New $814,000 Investment in Bunge Global SA $BG

Commerzbank Aktiengesellschaft FI bought a new stake in shares of Bunge Global SA (NYSE:BG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,625 shares of the basic materials company’s stock, valued at approximately $814,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of 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 valued at $1,565,136,000 after buying an additional 777,805 shares during the period. Jones Kertz & Associates Inc. bought a new position in shares of Bunge Global in the fourth quarter valued at approximately $1,675,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Bunge Global by 2.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 284,285 shares of the basic materials company’s stock valued at $26,336,000 after acquiring an additional 8,018 shares in the last quarter. NewEdge Advisors LLC grew its stake in Bunge Global by 4,973.8% during the first quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company’s stock valued at $5,402,000 after acquiring an additional 41,631 shares in the last quarter. Finally, Prudential PLC increased its holdings in Bunge Global by 140.6% during the 4th quarter. Prudential PLC now owns 14,039 shares of the basic materials company’s stock worth $1,251,000 after acquiring an additional 8,203 shares during the period. 86.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BG has been the topic of several recent analyst reports. Barclays increased their target price on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating and set a $150.00 price target on shares of Bunge Global in a research report on Thursday, August 13th. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Bunge Global has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Stock Down 0.4%

Shares of NYSE BG opened at $114.44 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average of $113.82 and a 200-day moving average of $119.74. The firm has a market capitalization of $21.99 billion, a price-to-earnings ratio of 22.22 and a beta of 0.65. Bunge Global SA has a 12 month low of $76.01 and a 12 month high of $134.87.

Bunge Global (NYSE:BG) last announced its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.03. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The business had revenue of $24.04 billion during the quarter, compared to analyst estimates of $22.81 billion. During the same period in the previous year, the business posted $1.31 earnings per share. Bunge Global’s revenue for the quarter was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Sell-side analysts expect that Bunge Global SA will post 9.72 earnings per share for the current fiscal year.

Insider Buying and Selling at Bunge Global

In related news, Director Christopher Mahoney acquired 1,500 shares of the stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average price of $107.60 per share, for a total transaction of $161,400.00. Following the transaction, the director owned 14,820 shares in the company, valued at $1,594,632. This represents a 11.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.60% of the company’s stock.

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.