SG Americas Securities LLC Cuts Stock Holdings in Bunge Global SA $BG

SG Americas Securities LLC lowered its holdings in Bunge Global SA (NYSE:BG) by 56.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,819 shares of the basic materials company’s stock after selling 147,070 shares during the quarter. SG Americas Securities LLC owned approximately 0.06% of Bunge Global worth $14,223,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of BG. United Services Automobile Association bought a new stake in Bunge Global during the 1st quarter valued at $223,000. Woodline Partners LP raised its position in shares of Bunge Global by 34.5% in the 1st quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after acquiring an additional 2,893 shares in the last quarter. Focus Partners Wealth raised its position in shares of Bunge Global by 16.7% in the 1st quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after acquiring an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Bunge Global by 118.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock worth $73,000 after purchasing an additional 494 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of Bunge Global by 1.1% during the 2nd quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock worth $1,907,000 after purchasing an additional 263 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on BG shares. Morgan Stanley lifted their target price on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, March 11th. Barclays increased their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. UBS Group reaffirmed a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Finally, HSBC boosted their price objective 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Stock Up 2.1%

Bunge Global stock opened at $111.30 on Friday. Bunge Global SA has a 1-year low of $71.60 and a 1-year high of $134.87. The business has a fifty day moving average price of $122.88 and a 200-day moving average price of $115.77. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. The stock has a market capitalization of $21.59 billion, a price-to-earnings ratio of 25.94 and a beta of 0.62.

Bunge Global (NYSE:BG) last announced its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company had revenue of $21.86 billion for the quarter, compared to analyst estimates of $23.38 billion. During the same period in the prior year, the company posted $1.81 EPS. The firm’s quarterly revenue was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities research analysts forecast that Bunge Global SA will post 9.57 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.