Bryce Point Capital LLC Buys Shares of 6,585 Bunge Global SA $BG

Bryce Point Capital LLC bought a new position in Bunge Global SA (NYSE:BG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,585 shares of the basic materials company’s stock, valued at approximately $535,000.

Other large investors have also made changes to their positions in the company. Glencore plc purchased a new position in shares of Bunge Global in the third quarter worth approximately $2,665,496,000. Norges Bank bought a new position in Bunge Global in the second quarter worth approximately $149,380,000. Ilex Capital Partners UK LLP boosted its stake in shares of Bunge Global by 383.7% during the 2nd quarter. Ilex Capital Partners UK LLP now owns 891,673 shares of the basic materials company’s stock worth $71,584,000 after acquiring an additional 707,336 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Bunge Global by 719.2% during the 3rd quarter. Voya Investment Management LLC now owns 303,928 shares of the basic materials company’s stock worth $24,694,000 after acquiring an additional 266,827 shares during the last quarter. Finally, Moore Capital Management LP bought a new stake in shares of Bunge Global during the 2nd quarter valued at $12,463,000. 86.23% of the stock is currently owned by institutional investors.

Insider Activity at Bunge Global

In other news, VP Christos Dimopoulos sold 25,300 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $94.37, for a total transaction of $2,387,561.00. Following the completion of the transaction, the vice president owned 104,537 shares in the company, valued at $9,865,156.69. This trade represents a 19.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on BG. Morgan Stanley raised their target price on Bunge Global from $120.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Citigroup restated a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. CICC Research lifted their price objective on Bunge Global from $90.00 to $110.00 in a research report on Friday, November 7th. Bank of America increased their target price on shares of Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Finally, Barclays raised their target price on shares of Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $121.44.

Bunge Global Trading Up 2.4%

Shares of BG opened at $118.69 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.61 and a quick ratio of 0.74. Bunge Global SA has a 1 year low of $67.81 and a 1 year high of $121.64. The company has a 50 day simple moving average of $100.50 and a two-hundred day simple moving average of $91.67. The firm has a market cap of $22.95 billion, a P/E ratio of 21.90, a price-to-earnings-growth ratio of 0.74 and a beta of 0.78.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.82 by $0.17. The firm had revenue of $23.76 billion for the quarter, compared to the consensus estimate of $23 billion. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The company’s quarterly revenue was up 75.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. On average, equities analysts expect that Bunge Global SA will post 7.94 earnings per share for the current fiscal year.

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.