Hsbc Holdings PLC Increases Stock Position in Bunge Global SA $BG

Hsbc Holdings PLC grew its position in shares of Bunge Global SA (NYSE:BG) by 76.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,925 shares of the basic materials company’s stock after purchasing an additional 40,134 shares during the period. Hsbc Holdings PLC’s holdings in Bunge Global were worth $8,314,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. bought a new position in shares of Bunge Global in the fourth quarter worth approximately $27,000. Foster Dykema Cabot & Partners LLC bought a new position in Bunge Global in the third quarter worth $25,000. CYBER HORNET ETFs LLC purchased a new stake in Bunge Global in the second quarter worth about $31,000. MUFG Securities EMEA plc purchased a new position in Bunge Global during the second quarter valued at $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Bunge Global in the 4th quarter worth about $35,000. Institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Down 1.0%

Shares of Bunge Global stock opened at $110.41 on Friday. The company’s fifty day simple moving average is $122.69 and its 200-day simple moving average is $115.73. The stock has a market capitalization of $21.42 billion, a PE ratio of 25.74 and a beta of 0.62. Bunge Global SA has a 1-year low of $71.60 and a 1-year high of $134.87. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.

Bunge Global (NYSE:BG) last issued 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 firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The company’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. As a group, equities analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on BG. BMO Capital Markets boosted their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. JPMorgan Chase & Co. boosted their target price on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Tuesday, March 24th. Morgan Stanley increased their price target on Bunge Global from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Finally, Barclays raised their price target on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target 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.