Bunge Global SA $BG Shares Acquired by Colrain Capital LLC

Colrain Capital LLC lifted its holdings in shares of Bunge Global SA (NYSE:BG) by 60.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,550 shares of the basic materials company’s stock after acquiring an additional 29,550 shares during the period. Bunge Global accounts for about 3.6% of Colrain Capital LLC’s holdings, making the stock its 13th biggest position. Colrain Capital LLC’s holdings in Bunge Global were worth $6,382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CoreCap Advisors LLC increased its stake in Bunge Global by 2,000.0% in the third quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 300 shares during the period. Root Financial Partners LLC purchased a new position in shares of Bunge Global during the third quarter worth about $28,000. CYBER HORNET ETFs LLC acquired a new position in Bunge Global in the 2nd quarter valued at about $31,000. MUFG Securities EMEA plc purchased a new stake in Bunge Global during the 2nd quarter valued at approximately $32,000. Finally, Rakuten Securities Inc. lifted its position in Bunge Global by 57.7% during the 2nd quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 176 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Up 0.7%

BG opened at $122.54 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.74 and a current ratio of 1.61. The company has a market cap of $23.69 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 0.78 and a beta of 0.78. Bunge Global SA has a one year low of $68.33 and a one year high of $124.78. The business’s fifty day moving average is $103.22 and its two-hundred day moving average is $93.20.

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

Insider Activity at Bunge Global

In related news, VP Christos Dimopoulos sold 25,300 shares of Bunge Global stock in a transaction that occurred on 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 directly owned 104,537 shares in the company, valued at $9,865,156.69. The trade was a 19.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

BG has been the subject of several recent analyst reports. Morgan Stanley raised their target price on shares of Bunge Global from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Barclays lifted their price objective on Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Citigroup reissued a “buy” rating on shares of Bunge Global in a research note on Tuesday, December 2nd. Bank of America raised their price target on Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Weiss Ratings raised Bunge Global from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.44.

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.