Raiffeisen Bank International AG Increases Stake in Bunge Global SA $BG

Raiffeisen Bank International AG boosted its stake in Bunge Global SA (NYSE:BGFree Report) by 2,829.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,977 shares of the basic materials company’s stock after buying an additional 5,773 shares during the period. Raiffeisen Bank International AG’s holdings in Bunge Global were worth $652,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Syon Capital LLC grew its holdings in shares of Bunge Global by 24.6% during the 2nd quarter. Syon Capital LLC now owns 1,998 shares of the basic materials company’s stock worth $213,000 after acquiring an additional 394 shares during the period. NEOS Investment Management LLC boosted its position in shares of Bunge Global by 14.9% during the second quarter. NEOS Investment Management LLC now owns 22,193 shares of the basic materials company’s stock valued at $2,369,000 after purchasing an additional 2,877 shares in the last quarter. AXQ Capital LP grew its stake in Bunge Global by 522.7% in the second quarter. AXQ Capital LP now owns 43,595 shares of the basic materials company’s stock worth $4,653,000 after purchasing an additional 36,594 shares during the period. Continuum Advisory LLC purchased a new stake in Bunge Global in the second quarter worth $99,000. Finally, Quantitative Investment Management LLC bought a new position in Bunge Global in the second quarter worth $890,000. 86.23% of the stock is owned by institutional investors.

Bunge Global Stock Performance

Shares of BG stock opened at $118.97 on Friday. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. The company has a 50 day moving average price of $113.60 and a 200-day moving average price of $119.57. Bunge Global SA has a 52 week low of $76.01 and a 52 week high of $134.87. The firm has a market capitalization of $22.86 billion, a PE ratio of 23.10 and a beta of 0.67.

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

Analysts Set New Price Targets

Several brokerages have commented on BG. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Bunge Global in a research report on Thursday, August 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $132.67.

Read Our Latest Analysis on BG

Insider Buying and Selling at Bunge Global

In other news, Director Christopher Mahoney bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was bought at an average price of $105.53 per share, with a total value of $527,650.00. Following the acquisition, the director owned 13,320 shares of the company’s stock, valued at approximately $1,405,659.60. This represents a 60.10% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by insiders.

Bunge Global Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Bunge Global (NYSE:BG)

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