Bunge Global SA $BG Stock: Quadrant Capital Group LLC Increases Stake

Quadrant Capital Group LLC increased its position in Bunge Global SA (NYSE:BG) by 1,002.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,540 shares of the basic materials company’s stock after acquiring an additional 50,503 shares during the quarter. Quadrant Capital Group LLC’s holdings in Bunge Global were worth $6,026,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in Bunge Global during the second quarter valued at approximately $266,653,000. Robeco Institutional Asset Management B.V. increased its stake in shares of Bunge Global by 638.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,071,356 shares of the basic materials company’s stock worth $217,777,000 after purchasing an additional 1,790,978 shares in the last quarter. Amundi increased its stake in shares of Bunge Global by 9.4% in the first quarter. Amundi now owns 1,186,039 shares of the basic materials company’s stock worth $150,853,000 after purchasing an additional 101,942 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Bunge Global by 3,023.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 520,120 shares of the basic materials company’s stock valued at $54,599,000 after purchasing an additional 503,469 shares during the period. Finally, Swiss National Bank raised its position in shares of Bunge Global by 3.5% during the 1st quarter. Swiss National Bank now owns 397,200 shares of the basic materials company’s stock valued at $50,524,000 after purchasing an additional 13,500 shares during the period. Institutional investors own 86.23% of the company’s stock.

Insider Buying and Selling at Bunge Global

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

Analyst Upgrades and Downgrades

BG has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. 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. cut their price target on Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. BMO Capital Markets reissued an “outperform” rating and set a $150.00 price target on shares of Bunge Global in a report on Thursday, August 13th. Finally, UBS Group boosted their price objective on Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.89.

Bunge Global Stock Performance

BG opened at $103.03 on Wednesday. The stock has a market capitalization of $19.79 billion, a price-to-earnings ratio of 20.00 and a beta of 0.73. The company has a fifty day moving average of $112.89 and a 200 day moving average of $117.17. Bunge Global SA has a fifty-two week low of $88.24 and a fifty-two week high of $134.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57.

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