Foster & Motley Inc. Sells 7,535 Shares of Bunge Global SA $BG

Foster & Motley Inc. lowered its stake in shares of Bunge Global SA (NYSE:BG) by 45.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,016 shares of the basic materials company’s stock after selling 7,535 shares during the quarter. Foster & Motley Inc.’s holdings in Bunge Global were worth $1,147,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BG. Foster Dykema Cabot & Partners LLC bought a new position in Bunge Global during the 3rd quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. bought a new stake in Bunge Global in the fourth quarter valued at approximately $27,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Bunge Global during the second quarter valued at approximately $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Bunge Global during the second quarter valued at approximately $32,000. Finally, Stance Capital LLC bought 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.

Analyst Ratings Changes

BG has been the topic of a number of recent analyst reports. UBS Group reissued a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. BMO Capital Markets upped their price objective on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Morgan Stanley increased their target price on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Stock Down 1.0%

NYSE BG opened at $110.41 on Friday. Bunge Global SA has a 12 month low of $71.60 and a 12 month high of $134.87. 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’s 50 day moving average is $122.69 and its 200 day moving average is $115.73. The stock has a market cap of $21.42 billion, a PE ratio of 25.74 and a beta of 0.62.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, beating 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 firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. During the same quarter in the previous year, the firm posted $1.81 earnings per share. The company’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. Research analysts predict that Bunge Global SA will post 9.57 EPS for the current fiscal year.

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.