Bunge Global SA $BG Holdings Boosted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its stake in shares of Bunge Global SA (NYSE:BG – Free Report) by 49,582.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,763 shares of the basic materials company’s stock after acquiring an additional 193,373 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.10% of Bunge Global worth $19,654,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Global Trust Asset Management LLC purchased a new position in shares of Bunge Global during the first quarter valued at approximately $47,000. Ameritas Advisory Services LLC bought a new position in Bunge Global during the second quarter valued at approximately $50,000. Root Financial Partners LLC lifted its position in Bunge Global by 23.5% during the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 85 shares during the period. Hilltop National Bank purchased a new stake in Bunge Global in the second quarter worth approximately $63,000. Finally, CoreCap Advisors LLC boosted its holdings in Bunge Global by 19.3% in the second quarter. CoreCap Advisors LLC now owns 747 shares of the basic materials company’s stock worth $80,000 after purchasing an additional 121 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on BG

Insider Transactions at Bunge Global

In other Bunge Global news, Director Christopher Mahoney bought 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the transaction, the director owned 14,820 shares of the company’s stock, valued at $1,594,632. This represents a 11.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.

Bunge Global Trading Down 0.8%

Bunge Global stock opened at $106.15 on Friday. Bunge Global SA has a 52-week low of $88.24 and a 52-week high of $134.87. The company has a market cap of $20.39 billion, a P/E ratio of 20.61 and a beta of 0.73. 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 business has a 50-day simple moving average of $113.26 and a two-hundred day simple moving average of $117.58.

Bunge Global (NYSE:BG – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $24.04 billion for the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The business’s quarterly revenue was up 88.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Analysts predict that Bunge Global SA will post 9.61 EPS for the current year.

About Bunge Global

(Free Report)

Bunge Global SA (NYSE: BG) is a global agribusiness and food company that connects farmers with consumers by sourcing, storing, transporting, processing and marketing agricultural commodities. Its operations focus primarily on oilseeds, grains and related agricultural products, serving customers across food, feed, fuel and industrial markets.

The company processes soybeans, rapeseed, sunflower seed and other oilseeds into protein meals used in animal feed, as well as edible oils and specialty fats for food manufacturers, foodservice companies and consumers.

See Also

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

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