Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Position in Bunge Global SA $BG

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Bunge Global SA (NYSE:BG) by 145.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,454 shares of the basic materials company’s stock after acquiring an additional 19,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Bunge Global were worth $4,255,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Glencore plc increased its holdings in Bunge Global by 100.0% during the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock worth $5,844,735,000 after purchasing an additional 32,806,103 shares during the last quarter. Norges Bank bought a new stake in shares of Bunge Global in the fourth quarter worth $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Bunge Global by 168,119.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock worth $103,846,000 after buying an additional 1,165,071 shares during the last quarter. Merewether Investment Management LP bought a new position in Bunge Global during the 3rd quarter valued at $74,888,000. Finally, Vanguard Group Inc. grew its holdings in Bunge Global by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after acquiring an additional 777,805 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Up 2.2%

NYSE:BG opened at $108.79 on Tuesday. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average of $120.69 and a 200-day moving average of $116.52. The firm has a market capitalization of $21.11 billion, a PE ratio of 25.36 and a beta of 0.65. Bunge Global SA has a 52 week low of $71.60 and a 52 week high of $134.87.

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. boosted their price objective on Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. Morgan Stanley upped their price objective on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Finally, Barclays boosted their price target on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Company 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.