Bunge Global SA (NYSE:BG) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Bunge Global SA (NYSE:BG) have received a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $129.33.

A number of equities research analysts have issued reports on BG shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a research report on Thursday, August 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. UBS Group boosted their price objective on shares of Bunge Global from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Finally, Zacks Research lowered shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th.

Bunge Global Price Performance

NYSE BG opened at $108.12 on Friday. Bunge Global has a fifty-two week low of $79.11 and a fifty-two week high of $134.87. The stock’s 50-day moving average is $114.74 and its two-hundred day moving average is $119.15. The firm has a market cap of $20.77 billion, a P/E ratio of 20.99 and a beta of 0.67. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64.

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

Insider Transactions at Bunge Global

In other news, Director Christopher Mahoney purchased 1,500 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the acquisition, the director directly owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. The trade was a 11.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bunge Global

Large investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in shares of Bunge Global by 4,973.8% during the first quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company’s stock worth $5,402,000 after buying an additional 41,631 shares during the last quarter. MLG Wealth Management DBA Pine Grove Financial Group bought a new position in Bunge Global during the second quarter worth $1,116,000. National Pension Service increased its position in Bunge Global by 267.7% during the second quarter. National Pension Service now owns 31,461 shares of the basic materials company’s stock worth $3,358,000 after acquiring an additional 22,904 shares during the period. Prudential PLC raised its stake in Bunge Global by 140.6% during the 4th quarter. Prudential PLC now owns 14,039 shares of the basic materials company’s stock valued at $1,251,000 after purchasing an additional 8,203 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Bunge Global by 0.7% during the 1st quarter. Bank of New York Mellon Corp now owns 1,280,422 shares of the basic materials company’s stock valued at $162,870,000 after purchasing an additional 9,271 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Company Profile

Bunge Global SA (NYSE: BG) is a global agribusiness and food company that connects farmers with consumers by sourcing, storing, transporting, processing and marketing agricultural commodities. Its operations focus primarily on oilseeds, grains and related agricultural products, serving customers across food, feed, fuel and industrial markets.

The company processes soybeans, rapeseed, sunflower seed and other oilseeds into protein meals used in animal feed, as well as edible oils and specialty fats for food manufacturers, foodservice companies and consumers.