Hsbc Holdings PLC Buys 40,134 Shares of Bunge Global SA $BG

Hsbc Holdings PLC increased its position in Bunge Global SA (NYSE:BG) by 76.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,925 shares of the basic materials company’s stock after acquiring an additional 40,134 shares during the quarter. Hsbc Holdings PLC’s holdings in Bunge Global were worth $8,314,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BG. Quest 10 Wealth Builders Inc. purchased a new position in Bunge Global during the fourth quarter valued at approximately $27,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of Bunge Global in the third quarter worth approximately $25,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Bunge Global in the second quarter worth $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Bunge Global in the second quarter worth $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Bunge Global during the 4th quarter valued at $35,000. Institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Down 1.0%

Shares of BG stock opened at $110.41 on Friday. The company’s fifty day simple moving average is $122.69 and its two-hundred day simple moving average is $115.73. Bunge Global SA has a 52 week low of $71.60 and a 52 week high of $134.87. The stock has a market cap of $21.42 billion, a P/E ratio of 25.74 and a beta of 0.62. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57.

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Morgan Stanley raised their price target on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. UBS Group reaffirmed a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Finally, HSBC lifted their target price on Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

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.