Raiffeisen Bank International AG Raises Stake in Bunge Global SA $BG

Raiffeisen Bank International AG raised its holdings in shares of Bunge Global SA (NYSE:BG) by 2,829.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,977 shares of the basic materials company’s stock after acquiring an additional 5,773 shares during the period. Raiffeisen Bank International AG’s holdings in Bunge Global were worth $652,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. United Services Automobile Association purchased a new stake in Bunge Global during the first quarter valued at about $223,000. Woodline Partners LP increased its holdings in shares of Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after buying an additional 2,893 shares during the period. Focus Partners Wealth lifted its stake in shares of Bunge Global by 16.7% in the 1st quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after acquiring an additional 580 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Bunge Global by 118.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after acquiring an additional 494 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in Bunge Global by 1.1% during the 2nd quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after acquiring an additional 263 shares during the period. 86.23% of the stock is currently owned by institutional investors.

Bunge Global Stock Down 1.0%

NYSE BG opened at $118.97 on Friday. 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 stock has a market capitalization of $22.86 billion, a PE ratio of 23.10 and a beta of 0.67. Bunge Global SA has a 1 year low of $76.01 and a 1 year high of $134.87. The business’s 50-day moving average is $113.60 and its 200 day moving average is $119.57.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The business had revenue of $24.04 billion during the quarter, compared to analyst estimates of $22.81 billion. During the same quarter in the prior year, the company posted $1.31 EPS. Bunge Global’s quarterly 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. Sell-side analysts forecast that Bunge Global SA will post 9.72 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $150.00 target price on shares of Bunge Global in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Insider Activity

In other Bunge Global news, Director Christopher Mahoney bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was bought at an average price of $105.53 per share, for a total transaction of $527,650.00. Following the completion of the acquisition, the director directly owned 13,320 shares in the company, valued at $1,405,659.60. The trade was a 60.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.60% of the company’s stock.

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.