SG Americas Securities LLC Decreases Stake in Bunge Global SA $BG

SG Americas Securities LLC reduced its stake in shares of Bunge Global SA (NYSE:BG) by 56.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,819 shares of the basic materials company’s stock after selling 147,070 shares during the period. SG Americas Securities LLC’s holdings in Bunge Global were worth $14,223,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Bunge Global in the 3rd quarter valued at $25,000. Quest 10 Wealth Builders Inc. acquired a new stake in Bunge Global during the 4th quarter worth about $27,000. CYBER HORNET ETFs LLC acquired a new stake in Bunge Global during the 2nd quarter worth about $31,000. MUFG Securities EMEA plc purchased a new stake in Bunge Global during the 2nd quarter valued at about $32,000. Finally, Stance Capital LLC purchased a new stake in Bunge Global during the 3rd quarter valued at about $34,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Price Performance

Shares of BG opened at $111.30 on Friday. The business’s 50-day moving average is $122.88 and its two-hundred day moving average is $115.77. The company has a market capitalization of $21.59 billion, a P/E ratio of 25.94 and a beta of 0.62. Bunge Global SA has a fifty-two week low of $71.60 and a fifty-two week high of $134.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The business had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same quarter in the previous year, the firm posted $1.81 EPS. The company’s revenue for the quarter was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Research analysts predict that Bunge Global SA will post 9.57 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. BMO Capital Markets upped their target price on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Barclays increased their price target on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. UBS Group reissued a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Finally, HSBC lifted their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.