Bunge Global SA $BG Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its holdings in Bunge Global SA (NYSE:BG) by 37.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 176,983 shares of the basic materials company’s stock after buying an additional 48,068 shares during the period. Quantinno Capital Management LP’s holdings in Bunge Global were worth $22,512,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in BG. Glencore plc grew its holdings in shares of Bunge Global by 100.0% during the fourth quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after buying an additional 32,806,103 shares during the last quarter. Norges Bank acquired a new stake in Bunge Global during the 4th quarter worth approximately $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Bunge Global by 168,119.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock worth $103,846,000 after acquiring an additional 1,165,071 shares during the period. Merewether Investment Management LP acquired a new stake in Bunge Global during the 3rd quarter worth approximately $74,888,000. Finally, Vanguard Group Inc. grew its stake in shares of Bunge Global by 4.6% in the 4th 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. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Price Performance

Shares of NYSE BG opened at $106.09 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.69 and a current ratio of 1.57. Bunge Global SA has a one year low of $76.01 and a one year high of $134.87. The firm has a market capitalization of $20.38 billion, a P/E ratio of 20.60 and a beta of 0.65. The company’s fifty day moving average is $117.43 and its two-hundred day moving average is $119.60.

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. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The business had revenue of $24.04 billion during the quarter, compared to the consensus estimate of $22.81 billion. During the same quarter last year, the firm posted $1.31 EPS. The business’s revenue was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Analysts forecast that Bunge Global SA will post 9.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on BG shares. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Barclays increased their price target on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. One investment 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 company’s stock. According to MarketBeat, Bunge Global currently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Company 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.