Aberdeen Group plc Decreases Holdings in Bunge Global SA $BG

Aberdeen Group plc trimmed its position in shares of Bunge Global SA (NYSE:BG) by 54.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,855 shares of the basic materials company’s stock after selling 68,804 shares during the period. Aberdeen Group plc’s holdings in Bunge Global were worth $4,602,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. CoreCap Advisors LLC boosted its position in shares of 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 acquiring an additional 300 shares during the period. Root Financial Partners LLC bought a new stake in shares of Bunge Global in the 3rd quarter valued at about $28,000. CYBER HORNET ETFs LLC bought a new position in shares of Bunge Global in the second quarter worth approximately $31,000. MUFG Securities EMEA plc bought a new position in shares of Bunge Global during the second quarter valued at about $32,000. Finally, Rakuten Securities Inc. increased its stake in shares of Bunge Global by 57.7% during the second quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock valued at $39,000 after buying an additional 176 shares during the period. 86.23% of the stock is owned by institutional investors.

Bunge Global Price Performance

Shares of BG stock opened at $121.98 on Friday. The company has a current ratio of 1.61, a quick ratio of 0.74 and a debt-to-equity ratio of 0.51. Bunge Global SA has a twelve month low of $68.33 and a twelve month high of $124.78. The stock has a fifty day simple moving average of $105.63 and a two-hundred day simple moving average of $94.20. The stock has a market capitalization of $23.59 billion, a price-to-earnings ratio of 22.51, a P/E/G ratio of 0.78 and a beta of 0.78.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.82 by $0.17. The business 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 company’s quarterly revenue was up 75.5% compared to the same quarter last year. During the same quarter in the previous 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.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BG shares. Zacks Research lowered shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. BMO Capital Markets reissued an “outperform” rating and issued a $130.00 target price on shares of Bunge Global in a research report on Thursday, February 5th. Bank of America boosted 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. UBS Group lifted their target price on shares of Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Stephens reiterated an “overweight” rating and set a $130.00 price objective on shares of Bunge Global in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Bunge Global currently has a consensus rating of “Moderate Buy” and an average price target of $121.44.

About Bunge Global

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.