Madison Asset Management LLC Invests $2.08 Million in Bunge Global SA $BG

Madison Asset Management LLC acquired a new stake in Bunge Global SA (NYSE:BG) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 19,456 shares of the basic materials company’s stock, valued at approximately $2,077,000.

Several other institutional investors and hedge funds have also bought and sold shares of BG. Quest 10 Wealth Builders Inc. bought a new position in Bunge Global in the fourth quarter valued at approximately $27,000. Global Trust Asset Management LLC bought a new stake in shares of Bunge Global during the 1st quarter worth approximately $47,000. CYBER HORNET ETFs LLC bought a new stake in shares of Bunge Global during the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Bunge Global in the 2nd quarter valued at approximately $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Bunge Global in the 4th quarter valued at approximately $35,000. Institutional investors own 86.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. BMO Capital Markets restated an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a research note on Thursday, August 13th. Barclays boosted their price target on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Trading Up 2.3%

Shares of NYSE:BG opened at $116.61 on Friday. The business’s 50 day simple moving average is $113.36 and its 200 day simple moving average is $119.75. Bunge Global SA has a 1 year low of $76.01 and a 1 year high of $134.87. 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 company has a market capitalization of $22.40 billion, a P/E ratio of 22.64 and a beta of 0.65.

Bunge Global (NYSE:BG) last announced its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.03. The firm had revenue of $24.04 billion during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The company’s quarterly revenue was up 88.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, research analysts anticipate that Bunge Global SA will post 9.72 EPS for the current fiscal year.

Insider Activity at Bunge Global

In related news, Director Christopher Mahoney purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was acquired at an average price of $105.53 per share, with a total value of $527,650.00. Following the completion of the purchase, the director directly owned 13,320 shares in the company, valued at $1,405,659.60. This trade represents a 60.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.60% of the company’s stock.

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.