Bunge Global SA $BG Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. trimmed its stake in Bunge Global SA (NYSE:BG) by 34.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,551 shares of the basic materials company’s stock after selling 8,862 shares during the period. Foster & Motley Inc.’s holdings in Bunge Global were worth $1,474,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Foster Dykema Cabot & Partners LLC acquired a new position in Bunge Global in the third quarter valued at $25,000. CoreCap Advisors LLC increased its position in shares of Bunge Global by 2,000.0% during 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 in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Bunge Global during the third quarter worth about $28,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Bunge Global in the 2nd quarter valued at about $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Bunge Global in the 2nd quarter valued at about $32,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Bunge Global Stock Performance

Shares of BG stock opened at $127.14 on Wednesday. The stock’s 50-day moving average price is $119.93 and its 200 day moving average price is $101.74. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $24.60 billion, a PE ratio of 23.46, a price-to-earnings-growth ratio of 0.79 and a beta of 0.75. Bunge Global SA has a 52-week low of $68.33 and a 52-week high of $131.50.

Bunge Global (NYSE:BG) last posted its quarterly earnings data on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $0.17. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.The company had revenue of $23.76 billion during the quarter, compared to analysts’ expectations of $23 billion. During the same period last year, the firm earned $2.13 EPS. The firm’s revenue for the quarter was up 75.5% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities research analysts forecast that Bunge Global SA will post 7.94 EPS for the current year.

Analyst Upgrades and Downgrades

BG has been the topic of a number of research reports. Citigroup restated a “buy” rating on shares of Bunge Global in a research note on Tuesday, December 2nd. Bank of America boosted their price objective on Bunge Global from $112.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. BMO Capital Markets increased their price objective on Bunge Global from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Barclays raised their target price on shares of Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Bunge Global currently has a consensus rating of “Moderate Buy” and an average target price of $124.10.

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.