Capital International Inc. CA Boosts Stock Holdings in Bunge Global SA $BG

Capital International Inc. CA lifted its position in Bunge Global SA (NYSE:BG) by 23.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 92,715 shares of the basic materials company’s stock after acquiring an additional 17,544 shares during the quarter. Capital International Inc. CA’s holdings in Bunge Global were worth $7,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Glencore plc purchased a new position in Bunge Global in the third quarter valued at $2,665,496,000. Bryce Point Capital LLC acquired a new position in shares of Bunge Global in the third quarter worth about $535,000. Polianta Ltd purchased a new stake in shares of Bunge Global during the 3rd quarter worth about $1,560,000. AE Wealth Management LLC boosted its stake in shares of Bunge Global by 2.9% during the 3rd quarter. AE Wealth Management LLC now owns 168,635 shares of the basic materials company’s stock worth $13,702,000 after acquiring an additional 4,691 shares in the last quarter. Finally, Voya Investment Management LLC grew its position in shares of Bunge Global by 719.2% during the 3rd quarter. Voya Investment Management LLC now owns 303,928 shares of the basic materials company’s stock valued at $24,694,000 after acquiring an additional 266,827 shares during the period. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Price Performance

Bunge Global stock opened at $119.79 on Wednesday. Bunge Global SA has a 52-week low of $68.33 and a 52-week high of $124.78. The firm has a market capitalization of $23.18 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 0.75 and a beta of 0.75. The company has a fifty day simple moving average of $112.47 and a 200-day simple moving average of $97.44. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.17. The firm had revenue of $23.76 billion for the quarter, compared to the consensus estimate of $23 billion. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The company’s revenue for the quarter was up 75.5% on a year-over-year basis. During the same period last year, the firm posted $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. On average, equities analysts anticipate that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Bank of America lifted their price target on Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Morgan Stanley reissued an “overweight” rating and issued a $130.00 price objective on shares of Bunge Global in a report on Thursday, March 5th. Citigroup restated a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. upped their target price on Bunge Global from $109.00 to $117.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Finally, Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and a consensus target price of $120.90.

Bunge Global 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.