Swiss Life Asset Management Ltd Increases Holdings in Bunge Global SA $BG

Swiss Life Asset Management Ltd grew its position in shares of Bunge Global SA (NYSE:BG) by 26.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,744 shares of the basic materials company’s stock after buying an additional 8,345 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Bunge Global were worth $3,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of BG. Foster Dykema Cabot & Partners LLC purchased a new stake in Bunge Global during the third quarter valued at $25,000. CoreCap Advisors LLC boosted its position 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 worth $26,000 after purchasing an additional 300 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Bunge Global during the 3rd quarter valued at about $28,000. CYBER HORNET ETFs LLC bought a new stake in shares of Bunge Global during the 2nd quarter valued at about $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Bunge Global during the 2nd quarter valued at about $32,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Zacks Research cut shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Bank of America upped their target price on shares of Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Morgan Stanley increased their price target on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. HSBC lifted their price target on shares of Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. Finally, BMO Capital Markets boosted their price objective on shares of Bunge Global from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $122.40.

Bunge Global Trading Down 3.2%

Shares of NYSE:BG opened at $118.13 on Monday. The stock has a 50 day moving average of $117.24 and a 200 day moving average of $99.64. The company has a market cap of $22.86 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 0.75 and a beta of 0.75. 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 12-month low of $68.33 and a 12-month high of $128.46.

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

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.