Lazard Asset Management LLC Has $1.63 Million Holdings in Bunge Global SA $BG

Lazard Asset Management LLC grew its holdings in shares of Bunge Global SA (NYSE:BG) by 379.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,812 shares of the basic materials company’s stock after buying an additional 10,141 shares during the period. Lazard Asset Management LLC’s holdings in Bunge Global were worth $1,630,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of BG. Gateway Wealth Partners LLC bought a new stake in shares of Bunge Global in the 1st quarter valued at $425,000. OMERS ADMINISTRATION Corp lifted its position in shares of Bunge Global by 25.6% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 7,595 shares of the basic materials company’s stock valued at $966,000 after acquiring an additional 1,550 shares during the period. Lombard Odier Asset Management Switzerland SA bought a new position in Bunge Global during the first quarter worth $657,000. Arrowstreet Capital Limited Partnership bought a new position in Bunge Global during the first quarter worth $15,400,000. Finally, Sei Investments Co. boosted its stake in Bunge Global by 33.2% during the first quarter. Sei Investments Co. now owns 113,131 shares of the basic materials company’s stock worth $14,390,000 after acquiring an additional 28,216 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on BG. Barclays lifted their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Trading Down 0.8%

NYSE:BG opened at $105.33 on Tuesday. 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 firm has a market cap of $20.24 billion, a price-to-earnings ratio of 20.45 and a beta of 0.65. Bunge Global SA has a 52 week low of $76.01 and a 52 week high of $134.87. The firm has a 50-day moving average price of $117.13 and a two-hundred day moving average price of $119.75.

Bunge Global (NYSE:BG) last announced its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.03. The firm had revenue of $24.04 billion for 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 company’s revenue was up 88.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, equities analysts expect that Bunge Global SA will post 9.74 earnings per share for the current fiscal year.

Bunge Global 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.