ORG Partners LLC Grows Stock Holdings in Bunge Global SA $BG

ORG Partners LLC raised its holdings in shares of Bunge Global SA (NYSE:BG) by 24,625.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,945 shares of the basic materials company’s stock after purchasing an additional 4,925 shares during the period. ORG Partners LLC’s holdings in Bunge Global were worth $398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kingsview Wealth Management LLC purchased a new position in Bunge Global during the first quarter valued at $9,180,000. GAMMA Investing LLC increased its stake in Bunge Global by 152.1% in the 1st quarter. GAMMA Investing LLC now owns 3,275 shares of the basic materials company’s stock valued at $250,000 after buying an additional 1,976 shares during the period. Old West Investment Management LLC grew its stake in shares of Bunge Global by 31.2% during the 1st quarter. Old West Investment Management LLC now owns 163,191 shares of the basic materials company’s stock worth $12,471,000 after purchasing an additional 38,777 shares during the period. International Private Wealth Advisors LLC acquired a new stake in shares of Bunge Global in the second quarter valued at approximately $273,000. Finally, Acadian Asset Management LLC raised its holdings in shares of Bunge Global by 118.1% in the first quarter. Acadian Asset Management LLC now owns 77,472 shares of the basic materials company’s stock worth $5,917,000 after acquiring an additional 41,949 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Up 3.2%

BG opened at $81.93 on Friday. The business has a 50 day moving average of $81.25 and a 200-day moving average of $78.94. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $16.39 billion, a price-to-earnings ratio of 8.18, a P/E/G ratio of 6.12 and a beta of 0.67. Bunge Global SA has a 1-year low of $67.40 and a 1-year high of $99.39.

Bunge Global (NYSE:BG) last released its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.12. Bunge Global had a return on equity of 9.16% and a net margin of 2.71%.The firm had revenue of $12.77 billion during the quarter, compared to analyst estimates of $12.57 billion. During the same period in the prior year, the company posted $1.73 earnings per share. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. Bunge Global has set its FY 2025 guidance at 7.750-7.750 EPS. As a group, sell-side analysts anticipate that Bunge Global SA will post 7.94 earnings per share for the current year.

Insider Transactions at Bunge Global

In related news, Director Christopher Mahoney purchased 5,000 shares of the stock in a transaction on Monday, August 18th. The shares were purchased at an average price of $81.73 per share, with a total value of $408,650.00. Following the transaction, the director directly owned 7,164 shares of the company’s stock, valued at $585,513.72. This trade represents a 231.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BG. Morgan Stanley boosted their price target on Bunge Global from $74.00 to $83.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 12th. JPMorgan Chase & Co. began coverage on shares of Bunge Global in a report on Wednesday, August 20th. They issued an “overweight” rating and a $95.00 price objective for the company. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $85.33.

About Bunge Global

Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals.