Bunge Global SA $BG Stock: Quadrant Capital Group LLC Boosts Stake

Quadrant Capital Group LLC lifted its holdings in Bunge Global SA (NYSE:BG) by 1,002.6% in the third quarter, HoldingsChannel reports. The firm owned 55,540 shares of the basic materials company’s stock after purchasing an additional 50,503 shares during the quarter. Quadrant Capital Group LLC’s holdings in Bunge Global were worth $6,026,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BG. Physician Wealth Advisors Inc. increased its position in Bunge Global by 30,835.7% in the third quarter. Physician Wealth Advisors Inc. now owns 4,331 shares of the basic materials company’s stock worth $454,000 after purchasing an additional 4,317 shares during the last quarter. Uncommon Cents Investing Inc raised its stake in Bunge Global by 43.0% during the third quarter. Uncommon Cents Investing Inc now owns 47,411 shares of the basic materials company’s stock valued at $5,044,000 after purchasing an additional 14,245 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Bunge Global by 638.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,071,356 shares of the basic materials company’s stock valued at $217,777,000 after purchasing an additional 1,790,978 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV lifted its position in Bunge Global by 299.9% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 18,718 shares of the basic materials company’s stock valued at $1,973,000 after purchasing an additional 14,037 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Bunge Global by 3,023.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 520,120 shares of the basic materials company’s stock valued at $54,599,000 after purchasing an additional 503,469 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Bunge Global

In related news, Director Christopher Mahoney bought 5,000 shares of Bunge Global stock in a transaction dated Friday, July 31st. The shares were acquired at an average cost of $105.53 per share, with a total value of $527,650.00. Following the completion of the transaction, the director owned 13,320 shares in the company, valued at $1,405,659.60. The trade was a 60.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on BG. JPMorgan Chase & Co. dropped their price objective on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. BMO Capital Markets restated an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a research report on Thursday, August 13th. UBS Group increased their price target on shares of Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Finally, Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Bunge Global presently has an average rating of “Moderate Buy” and a consensus target price of $129.89.

Bunge Global Trading Down 0.1%

BG opened at $103.03 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57. The stock’s 50 day moving average price is $112.89 and its 200-day moving average price is $117.17. Bunge Global SA has a one year low of $88.24 and a one year high of $134.87. The stock has a market cap of $19.79 billion, a price-to-earnings ratio of 20.00 and a beta of 0.73.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.03. The business had revenue of $24.04 billion during the quarter, compared to the consensus estimate of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%. The business’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period last year, the company earned $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, equities analysts forecast that Bunge Global SA will post 9.61 EPS for the current year.

Bunge Global Company Profile

Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.