Contravisory Investment Management Inc. Purchases 8,540 Shares of Bunge Global SA $BG

Contravisory Investment Management Inc. boosted its position in shares of Bunge Global SA (NYSE:BG) by 968.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,422 shares of the basic materials company’s stock after purchasing an additional 8,540 shares during the quarter. Contravisory Investment Management Inc.’s holdings in Bunge Global were worth $1,198,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP grew its position in shares of Bunge Global by 10.4% during the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock worth $93,000 after buying an additional 98 shares in the last quarter. Optimize Financial Inc increased its stake in shares of Bunge Global by 1.4% during the fourth quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock valued at $641,000 after buying an additional 100 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Bunge Global by 4.5% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,786 shares of the basic materials company’s stock valued at $226,000 after acquiring an additional 120 shares in the last quarter. Czech National Bank raised its holdings in shares of Bunge Global by 0.3% in the fourth quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock valued at $3,179,000 after acquiring an additional 123 shares in the last quarter. Finally, Centennial Wealth Advisory LLC lifted its stake in Bunge Global by 2.1% in the fourth quarter. Centennial Wealth Advisory LLC now owns 5,992 shares of the basic materials company’s stock worth $534,000 after acquiring an additional 126 shares during the period. 86.23% of the stock is owned by institutional investors.

Bunge Global Stock Performance

BG stock opened at $111.30 on Friday. The firm has a market cap of $21.59 billion, a price-to-earnings ratio of 25.94 and a beta of 0.62. The firm has a 50-day simple moving average of $122.88 and a two-hundred day simple moving average of $115.77. Bunge Global SA has a one year low of $71.60 and a one year high of $134.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60.

Bunge Global (NYSE:BG) last released its quarterly earnings results 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 net margin of 0.85% and a return on equity of 8.60%. The business had revenue of $21.86 billion for the quarter, compared to analysts’ expectations of $23.38 billion. During the same period last year, the business earned $1.81 EPS. The company’s 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. On average, equities analysts forecast that Bunge Global SA will post 9.57 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 24th. BMO Capital Markets increased their price objective on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Finally, HSBC lifted their price objective on shares of Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. One equities research 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

About Bunge Global

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.