NewEdge Advisors LLC Raises Holdings in Bunge Global SA $BG

NewEdge Advisors LLC raised its holdings in Bunge Global SA (NYSE:BG) by 4,973.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,468 shares of the basic materials company’s stock after purchasing an additional 41,631 shares during the quarter. NewEdge Advisors LLC’s holdings in Bunge Global were worth $5,402,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC increased its position in shares of 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 acquiring an additional 85 shares during the last quarter. Allworth Financial LP boosted its position in shares of Bunge Global by 10.4% during the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock worth $93,000 after purchasing an additional 98 shares during the period. Gould Asset Management LLC CA boosted its position in shares of Bunge Global by 2.3% during the 1st quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock worth $557,000 after purchasing an additional 99 shares during the period. Optimize Financial Inc increased its holdings in Bunge Global by 1.4% in the 4th quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock valued at $641,000 after purchasing an additional 100 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Bunge Global by 0.6% in the first quarter. PNC Financial Services Group Inc. now owns 20,150 shares of the basic materials company’s stock valued at $2,563,000 after purchasing an additional 129 shares during the period. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Bunge Global Stock Performance

Shares of BG stock opened at $111.72 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. Bunge Global SA has a 52 week low of $76.01 and a 52 week high of $134.87. The stock has a market capitalization of $21.46 billion, a PE ratio of 21.69 and a beta of 0.65. The firm has a 50 day moving average of $115.27 and a two-hundred day moving average of $119.77.

Bunge Global (NYSE:BG) last posted its quarterly earnings data 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 business had revenue of $24.04 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior 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, research analysts predict that Bunge Global SA will post 9.72 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Christopher Mahoney purchased 1,500 shares of Bunge Global stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of $107.60 per share, with a total value of $161,400.00. Following the transaction, the director directly owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. This trade represents a 11.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on BG shares. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Barclays increased their target price on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

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.