Punch & Associates Investment Management Inc. Lowers Stock Position in Bunge Global SA $BG

Punch & Associates Investment Management Inc. cut its stake in shares of Bunge Global SA (NYSE:BG) by 4.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 182,206 shares of the basic materials company’s stock after selling 7,846 shares during the period. Bunge Global makes up 1.3% of Punch & Associates Investment Management Inc.’s holdings, making the stock its 23rd biggest holding. Punch & Associates Investment Management Inc.’s holdings in Bunge Global were worth $23,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in BG. United Services Automobile Association acquired a new position in shares of Bunge Global in the 1st quarter worth approximately $223,000. Woodline Partners LP increased its holdings in Bunge Global by 34.5% in the 1st quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock valued at $862,000 after purchasing an additional 2,893 shares during the last quarter. Focus Partners Wealth raised its position in Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after purchasing an additional 580 shares during the period. EverSource Wealth Advisors LLC raised its position in Bunge Global by 118.8% in the second quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after purchasing an additional 494 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in Bunge Global by 1.1% during the second quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock worth $1,907,000 after purchasing an additional 263 shares in the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. BMO Capital Markets increased their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Barclays raised their target price on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Trading Down 0.6%

NYSE:BG opened at $121.55 on Friday. The firm has a market cap of $23.58 billion, a PE ratio of 28.33 and a beta of 0.65. The stock has a fifty day moving average price of $118.50 and a 200 day moving average price of $119.05. Bunge Global SA has a 12-month low of $74.95 and a 12-month high of $134.87. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57.

Bunge Global (NYSE:BG) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.86. The company had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.Bunge Global’s revenue was up 87.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Sell-side analysts anticipate that Bunge Global SA will post 9.74 earnings per share for the current fiscal year.

Bunge Global Company 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.