Y Intercept Hong Kong Ltd Decreases Stock Holdings in Bunge Global SA $BG

Y Intercept Hong Kong Ltd lessened its holdings in Bunge Global SA (NYSE:BG) by 59.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,619 shares of the basic materials company’s stock after selling 22,791 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Bunge Global were worth $1,987,000 at the end of the most recent quarter.

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

Bunge Global Stock Performance

NYSE BG opened at $114.96 on Thursday. The firm has a market cap of $22.30 billion, a P/E ratio of 26.80 and a beta of 0.65. Bunge Global SA has a 52-week low of $71.60 and a 52-week high of $134.87. The business’s 50-day moving average price is $120.23 and its 200 day moving average price is $116.81. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57.

Bunge Global (NYSE:BG) last posted its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, beating the consensus estimate of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. During the same period in the prior year, the business earned $1.81 EPS. The firm’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 research analysts expect that Bunge Global SA will post 9.57 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BG shares. Morgan Stanley upped their price target on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. BMO Capital Markets raised their price objective on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Zacks Research downgraded shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Barclays upped their target price on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, UBS Group reiterated a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

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.