Bunge Global SA $BG Stock Acquired by Signaturefd LLC

Signaturefd LLC raised its position in shares of Bunge Global SA (NYSE:BG) by 4,386.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,338 shares of the basic materials company’s stock after purchasing an additional 58,993 shares during the period. Signaturefd LLC’s holdings in Bunge Global were worth $6,332,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. MLG Wealth Management DBA Pine Grove Financial Group acquired a new stake in shares of Bunge Global in the 2nd quarter valued at $1,116,000. NewEdge Advisors LLC increased its stake in shares of Bunge Global by 4,973.8% in the 1st quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company’s stock valued at $5,402,000 after purchasing an additional 41,631 shares during the last quarter. National Pension Service increased its stake in shares of Bunge Global by 267.7% in the 2nd quarter. National Pension Service now owns 31,461 shares of the basic materials company’s stock valued at $3,358,000 after purchasing an additional 22,904 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Bunge Global by 49,582.8% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 193,763 shares of the basic materials company’s stock valued at $19,654,000 after purchasing an additional 193,373 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC increased its stake in shares of Bunge Global by 1,220.7% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 155,733 shares of the basic materials company’s stock valued at $16,676,000 after purchasing an additional 143,941 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a report on Wednesday, August 19th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Bunge Global in a research note on Thursday, August 13th. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. JPMorgan Chase & Co. decreased their target price on Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. Finally, UBS Group boosted their target price on Bunge Global from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.89.

Insider Activity

In related news, Director Christopher Mahoney purchased 5,000 shares of the stock in a transaction dated Friday, July 31st. The stock was bought at an average cost of $105.53 per share, for a total transaction of $527,650.00. Following the completion of the acquisition, the director owned 13,320 shares of the company’s stock, valued at approximately $1,405,659.60. This represents a 60.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.60% of the company’s stock.

Bunge Global Price Performance

BG stock opened at $103.16 on Friday. The stock has a market cap of $19.82 billion, a price-to-earnings ratio of 20.03 and a beta of 0.73. 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 company has a 50 day simple moving average of $112.29 and a 200 day simple moving average of $116.70. Bunge Global SA has a 1 year low of $88.24 and a 1 year high of $134.87.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. During the same quarter last year, the business posted $1.31 earnings per share. The company’s quarterly revenue was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Research analysts anticipate that Bunge Global SA will post 9.61 EPS for the current fiscal year.

About Bunge Global

Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.