Quantitative Investment Management LLC Purchases Shares of 8,343 Bunge Global SA $BG

Quantitative Investment Management LLC purchased a new position in Bunge Global SA (NYSE:BG) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 8,343 shares of the basic materials company’s stock, valued at approximately $890,000.

A number of other large investors have also modified their holdings of the business. Root Financial Partners LLC increased its holdings in shares of Bunge Global by 23.5% during the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 85 shares in the last quarter. Allworth Financial LP raised its position in shares of Bunge Global by 10.4% in the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 98 shares during the last quarter. Gould Asset Management LLC CA boosted its stake in Bunge Global by 2.3% in the 1st quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock worth $557,000 after purchasing an additional 99 shares in the last quarter. Optimize Financial Inc boosted its stake in Bunge Global by 1.4% in the 4th quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock worth $641,000 after purchasing an additional 100 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in Bunge Global by 19.3% during the 2nd quarter. CoreCap Advisors LLC now owns 747 shares of the basic materials company’s stock worth $80,000 after purchasing an additional 121 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on BG shares. BMO Capital Markets restated an “outperform” rating and set a $150.00 price target on shares of Bunge Global in a research note on Thursday, August 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. Finally, Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Insider Transactions at Bunge Global

In other Bunge Global news, Director Christopher Mahoney bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was bought at an average cost of $105.53 per share, for a total transaction of $527,650.00. Following the completion of the transaction, the director directly owned 13,320 shares of the company’s stock, valued at approximately $1,405,659.60. This trade represents a 60.10% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Bunge Global Stock Performance

BG opened at $121.06 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. Bunge Global SA has a 12-month low of $76.01 and a 12-month high of $134.87. The firm has a 50 day moving average of $112.96 and a two-hundred day moving average of $119.58. The firm has a market capitalization of $23.26 billion, a PE ratio of 23.51 and a beta of 0.67.

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

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.