Elevated Capital Advisors LLC Takes $944,000 Position in Bunge Global SA $BG

Elevated Capital Advisors LLC acquired a new position in shares of Bunge Global SA (NYSE:BG) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,420 shares of the basic materials company’s stock, valued at approximately $944,000.

Several other institutional investors have also made changes to their positions in the business. Glencore plc grew its stake in shares of Bunge Global by 100.0% in the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock valued at $5,844,735,000 after purchasing an additional 32,806,103 shares during the period. Vanguard Group Inc. lifted its position in shares of 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 buying an additional 777,805 shares during the period. Pacific Point Advisors LLC bought a new position in shares of Bunge Global during the 4th quarter worth approximately $1,436,000. KBC Group NV boosted its stake in Bunge Global by 35.9% in the 4th quarter. KBC Group NV now owns 37,284 shares of the basic materials company’s stock valued at $3,321,000 after buying an additional 9,849 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in Bunge Global in the 3rd quarter valued at $1,495,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BG. JPMorgan Chase & Co. increased their price objective on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. Zacks Research downgraded shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. BMO Capital Markets upped their target price on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Finally, Barclays increased their target price on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Trading Down 1.3%

Shares of NYSE BG opened at $113.78 on Friday. Bunge Global SA has a 1-year low of $71.60 and a 1-year high of $134.87. The company has a market cap of $22.08 billion, a PE ratio of 26.52 and a beta of 0.65. 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 company has a 50-day moving average of $119.98 and a two-hundred day moving average of $116.97.

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, topping analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. 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 business earned $1.81 earnings per share. Bunge Global’s quarterly 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, equities analysts expect that Bunge Global SA will post 9.57 earnings per share 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.