Bunge Global SA $BG Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in Bunge Global SA (NYSE:BG) by 25.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,143 shares of the basic materials company’s stock after selling 8,039 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Bunge Global were worth $1,880,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of BG. HighTower Advisors LLC increased its holdings in shares of Bunge Global by 86.5% in the 3rd quarter. HighTower Advisors LLC now owns 40,330 shares of the basic materials company’s stock valued at $3,277,000 after acquiring an additional 18,707 shares during the last quarter. MidWestOne Financial Group Inc. boosted its holdings in Bunge Global by 11.6% in the third quarter. MidWestOne Financial Group Inc. now owns 53,588 shares of the basic materials company’s stock worth $4,354,000 after purchasing an additional 5,576 shares during the period. Metis Global Partners LLC increased its stake in Bunge Global by 16.8% during the third quarter. Metis Global Partners LLC now owns 26,243 shares of the basic materials company’s stock valued at $2,132,000 after purchasing an additional 3,767 shares during the last quarter. Assetmark Inc. increased its stake in Bunge Global by 5.7% during the third quarter. Assetmark Inc. now owns 24,539 shares of the basic materials company’s stock valued at $1,994,000 after purchasing an additional 1,314 shares during the last quarter. Finally, Public Sector Pension Investment Board raised its holdings in shares of Bunge Global by 18.4% during the third quarter. Public Sector Pension Investment Board now owns 12,092 shares of the basic materials company’s stock worth $982,000 after purchasing an additional 1,879 shares during the period. Institutional investors own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

BG has been the subject of a number of recent research reports. UBS Group boosted their price objective on shares of Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Bank of America upped their target price on Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Weiss Ratings raised Bunge Global from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Morgan Stanley boosted their price objective on Bunge Global from $120.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Finally, Barclays increased their target price on Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.44.

Bunge Global Price Performance

Shares of NYSE BG opened at $121.98 on Monday. The stock has a market cap of $23.60 billion, a P/E ratio of 22.51, a P/E/G ratio of 0.77 and a beta of 0.78. The firm’s 50-day simple moving average is $105.63 and its 200 day simple moving average is $94.37. Bunge Global SA has a fifty-two week low of $68.33 and a fifty-two week high of $124.78. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51.

Bunge Global (NYSE:BG) last released its 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. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The firm had revenue of $23.76 billion for the quarter, compared to analysts’ expectations of $23 billion. During the same quarter last year, the company earned $2.13 EPS. Bunge Global’s quarterly revenue was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Equities analysts expect that Bunge Global SA will post 7.94 EPS for the current 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.