Western Wealth Management LLC Takes $861,000 Position in Bunge Global SA $BG

Western Wealth Management LLC acquired a new stake in shares of Bunge Global SA (NYSE:BGFree Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,767 shares of the basic materials company’s stock, valued at approximately $861,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quest 10 Wealth Builders Inc. acquired a new position in Bunge Global during the 4th quarter valued at about $27,000. CYBER HORNET ETFs LLC bought a new position in shares of Bunge Global in the second quarter valued at approximately $31,000. MUFG Securities EMEA plc bought a new position in shares of Bunge Global in the second quarter valued at approximately $32,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Bunge Global during the fourth quarter valued at approximately $35,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its stake in shares of Bunge Global by 152.9% during the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 430 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 260 shares during the period. Institutional investors own 86.23% of the company’s stock.

Insider Buying and Selling at Bunge Global

In related news, Director Christopher Mahoney purchased 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average price of $107.60 per share, with a total value of $161,400.00. Following the purchase, the director owned 14,820 shares of the company’s stock, valued at $1,594,632. This trade represents a 11.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Bunge Global Stock Up 1.0%

BG stock opened at $112.86 on Friday. The firm has a market cap of $21.68 billion, a PE ratio of 21.91 and a beta of 0.65. Bunge Global SA has a 12 month low of $76.01 and a 12 month high of $134.87. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64. The firm has a 50 day simple moving average of $114.54 and a 200 day simple moving average of $119.76.

Bunge Global (NYSE:BGGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) 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 analyst estimates of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm’s quarterly revenue was up 88.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Equities research analysts forecast that Bunge Global SA will post 9.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BG shares. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Barclays boosted their price objective 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, BMO Capital Markets restated an “outperform” rating and issued a $150.00 price objective on shares of Bunge Global in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $132.67.

Read Our Latest Report on Bunge Global

Bunge Global Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding BG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bunge Global SA (NYSE:BGFree Report).

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

Receive News & Ratings for Bunge Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunge Global and related companies with MarketBeat.com's FREE daily email newsletter.