6,665 Shares in Bunge Global SA $BG Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC acquired a new position in shares of Bunge Global SA (NYSE:BG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 6,665 shares of the basic materials company’s stock, valued at approximately $705,000.

A number of other institutional investors and hedge funds have also modified their holdings of BG. Root Financial Partners LLC purchased a new position in Bunge Global during the third quarter valued at approximately $909,000. SBI Securities Co. Ltd. raised its stake in shares of Bunge Global by 2,197.0% in the third quarter. SBI Securities Co. Ltd. now owns 33,903 shares of the basic materials company’s stock valued at $3,560,000 after acquiring an additional 32,427 shares during the last quarter. Lmcg Investments LLC increased its stake in shares of Bunge Global by 84.7% in the third quarter. Lmcg Investments LLC now owns 238,796 shares of the basic materials company’s stock valued at $25,323,000 after buying an additional 109,478 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Bunge Global by 1,002.6% during the third quarter. Quadrant Capital Group LLC now owns 55,540 shares of the basic materials company’s stock valued at $6,026,000 after purchasing an additional 50,503 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its holdings in Bunge Global by 30,835.7% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 4,331 shares of the basic materials company’s stock worth $454,000 after purchasing an additional 4,317 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

NYSE:BG traded up $0.01 during mid-day trading on Friday, hitting $103.16. 696,917 shares of the stock were exchanged, compared to its average volume of 1,604,206. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57. The stock has a market capitalization of $19.82 billion, a price-to-earnings ratio of 20.03 and a beta of 0.73. The firm’s 50-day simple moving average is $112.29 and its 200 day simple moving average is $116.70. Bunge Global SA has a fifty-two week low of $88.24 and a fifty-two week high of $134.87.

Bunge Global (NYSE:BG) last released its quarterly earnings results 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%. Bunge Global’s revenue was up 88.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, equities analysts anticipate that Bunge Global SA will post 9.61 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Christopher Mahoney acquired 5,000 shares of the company’s stock in a transaction on Friday, July 31st. The stock was purchased at an average cost of $105.53 per share, with a total value of $527,650.00. Following the acquisition, the director directly owned 13,320 shares of the company’s stock, valued at approximately $1,405,659.60. The trade was a 60.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BG. BMO Capital Markets restated an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a research report on Thursday, August 13th. JPMorgan Chase & Co. cut their price objective on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Wednesday, August 19th. Zacks Research cut shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Finally, UBS Group lifted their target price on Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.89.

Bunge Global Profile

Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.