5,644 Bunge Global SA $BG Shares Acquired by Manchester Capital Management LLC

Manchester Capital Management LLC grew its holdings in shares of Bunge Global SA (NYSE:BG) by 1,913.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,939 shares of the basic materials company’s stock after acquiring an additional 5,644 shares during the period. Manchester Capital Management LLC’s holdings in Bunge Global were worth $624,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in BG. Clark Wealth Partners grew its stake in shares of Bunge Global by 3,657.1% in the 3rd quarter. Clark Wealth Partners now owns 263 shares of the basic materials company’s stock worth $28,000 after buying an additional 256 shares during the last quarter. Global Trust Asset Management LLC purchased a new position in Bunge Global during the first quarter valued at $47,000. Root Financial Partners LLC raised its stake in 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 buying an additional 85 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in Bunge Global during the second quarter valued at $50,000. Finally, Hilltop National Bank bought a new stake in Bunge Global in the second quarter worth $63,000. 86.23% of the stock is owned by institutional investors.

Bunge Global Stock Up 0.0%

NYSE BG traded up $0.01 during mid-day trading on Friday, reaching $103.16. The stock had a trading volume of 696,917 shares, compared to its average volume of 1,604,206. Bunge Global SA has a 1 year low of $88.24 and a 1 year high of $134.87. The stock has a market cap of $19.82 billion, a PE ratio of 20.03 and a beta of 0.73. The company has a fifty day moving average price of $112.29 and a 200 day moving average price of $116.70. 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 issued its 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. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%. The business had revenue of $24.04 billion for the quarter, compared to the consensus estimate of $22.81 billion. During the same period last year, the business posted $1.31 EPS. The company’s revenue was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, research analysts expect that Bunge Global SA will post 9.61 earnings per share for the current year.

Analyst Ratings Changes

BG has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research note on Wednesday, August 19th. Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. JPMorgan Chase & Co. lowered their price target on Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. UBS Group upped their price target 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, BMO Capital Markets reissued an “outperform” rating and set a $150.00 price objective on shares of Bunge Global in a research report on Thursday, August 13th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Bunge Global currently has an average rating of “Moderate Buy” and a consensus price target of $129.89.

Insider Activity at Bunge Global

In other Bunge Global news, Director Christopher Mahoney acquired 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average cost of $107.60 per share, with a total value of $161,400.00. Following the completion of the transaction, the director directly owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. This represents a 11.26% increase in their position. The purchase 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.

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.