Fideuram Intesa Sanpaolo Private Banking S.P.A. Has $7.37 Million Position in Bunge Global SA $BG

Fideuram Intesa Sanpaolo Private Banking S.P.A. cut its holdings in shares of Bunge Global SA (NYSE:BG) by 10.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,947 shares of the basic materials company’s stock after selling 6,989 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Bunge Global were worth $7,371,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Bunge Global in the 3rd quarter valued at about $25,000. Quest 10 Wealth Builders Inc. bought a new position in shares of Bunge Global during the fourth quarter worth about $27,000. CYBER HORNET ETFs LLC bought a new position in shares of Bunge Global during the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new position in shares of Bunge Global in the second quarter worth approximately $32,000. Finally, Stance Capital LLC acquired a new position in shares of Bunge Global in the third quarter worth approximately $34,000. 86.23% of the stock is owned by institutional investors.

Bunge Global Stock Performance

NYSE:BG opened at $106.54 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. Bunge Global SA has a twelve month low of $71.60 and a twelve month high of $134.87. The company has a fifty day moving average of $121.42 and a 200-day moving average of $116.31. The firm has a market capitalization of $20.67 billion, a P/E ratio of 24.83 and a beta of 0.65.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business 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 firm earned $1.81 earnings per share. Bunge Global’s revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, sell-side analysts anticipate that Bunge Global SA will post 9.57 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BG. UBS Group reissued a “buy” rating on shares of Bunge Global in a research report on Wednesday, March 11th. Morgan Stanley boosted 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. Barclays upped their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. increased their price objective on shares of Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

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.