Bunge Global SA $BG Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in shares of Bunge Global SA (NYSE:BG) by 4,973.8% in the first quarter, HoldingsChannel.com reports. The firm owned 42,468 shares of the basic materials company’s stock after acquiring 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.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BG. Vanguard Group Inc. increased its stake in Bunge Global by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock valued at $1,565,136,000 after purchasing an additional 777,805 shares during the last quarter. Capital World Investors lifted its position in shares of Bunge Global by 2.5% during the 4th quarter. Capital World Investors now owns 16,602,320 shares of the basic materials company’s stock worth $1,478,960,000 after buying an additional 402,320 shares during the last quarter. State Street Corp lifted its position in shares of Bunge Global by 0.3% during the 4th quarter. State Street Corp now owns 6,940,141 shares of the basic materials company’s stock worth $618,260,000 after buying an additional 18,819 shares during the last quarter. FIL Ltd boosted its holdings in shares of Bunge Global by 8.0% in the 4th quarter. FIL Ltd now owns 2,426,049 shares of the basic materials company’s stock valued at $216,112,000 after buying an additional 179,850 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Bunge Global by 2.9% in the 4th quarter. Northern Trust Corp now owns 2,366,615 shares of the basic materials company’s stock valued at $210,818,000 after buying an additional 67,168 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Bunge Global

In related news, Director Christopher Mahoney acquired 1,500 shares of the firm’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 completion of the acquisition, the director owned 14,820 shares in the company, valued at approximately $1,594,632. This represents a 11.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on BG. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Barclays upped their price objective 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. Finally, Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Trading Down 0.8%

Shares of Bunge Global stock opened at $111.72 on Wednesday. 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 company’s fifty day moving average is $115.27 and its two-hundred day moving average is $119.77. Bunge Global SA has a 1 year low of $76.01 and a 1 year high of $134.87. The company has a market capitalization of $21.46 billion, a P/E ratio of 21.69 and a beta of 0.65.

Bunge Global (NYSE:BG) 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 during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm’s revenue for the quarter was up 88.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Analysts forecast that Bunge Global SA will post 9.72 earnings per share for the current year.

About Bunge Global

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.