Federated Hermes Inc. Has $396,000 Holdings in Bunge Global SA $BG

Federated Hermes Inc. lowered its stake in shares of Bunge Global SA (NYSE:BG) by 79.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,878 shares of the basic materials company’s stock after selling 18,742 shares during the quarter. Federated Hermes Inc.’s holdings in Bunge Global were worth $396,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. CoreCap Advisors LLC boosted its holdings in shares of Bunge Global by 2,000.0% in the 3rd 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 in the last quarter. Root Financial Partners LLC acquired a new position in shares of Bunge Global during the third quarter worth $28,000. Ameritas Advisory Services LLC bought a new stake in shares of Bunge Global in the 2nd quarter valued at about $29,000. CYBER HORNET ETFs LLC bought a new stake in Bunge Global in the second quarter valued at approximately $31,000. Finally, MUFG Securities EMEA plc acquired a new position in Bunge Global in the second quarter valued at $32,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BG has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of Bunge Global in a report on Tuesday, December 2nd. Stephens reiterated an “overweight” rating and set a $130.00 target price on shares of Bunge Global in a research report on Thursday. Bank of America raised their price target 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. UBS Group raised their target price on Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Morgan Stanley increased their price target on Bunge Global from $120.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday. Nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Bunge Global has an average rating of “Moderate Buy” and a consensus price target of $121.44.

Insider Activity at Bunge Global

In other Bunge Global news, VP Christos Dimopoulos sold 25,300 shares of Bunge Global stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $94.37, for a total transaction of $2,387,561.00. Following the transaction, the vice president owned 104,537 shares of the company’s stock, valued at $9,865,156.69. This trade represents a 19.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.80% of the stock is currently owned by corporate insiders.

Bunge Global Trading Up 1.8%

NYSE BG opened at $115.95 on Monday. The company has a current ratio of 1.61, a quick ratio of 0.74 and a debt-to-equity ratio of 0.51. The business has a fifty day simple moving average of $100.06 and a 200 day simple moving average of $91.38. Bunge Global SA has a 12 month low of $67.81 and a 12 month high of $121.64. The firm has a market capitalization of $22.42 billion, a P/E ratio of 21.39, a PEG ratio of 0.74 and a beta of 0.78.

Bunge Global (NYSE:BG) last posted its 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 firm had revenue of $23.76 billion during the quarter, compared to analyst estimates of $23 billion. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The business’s revenue was up 75.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.13 EPS. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. On average, analysts predict that Bunge Global SA will post 7.94 EPS 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.