ABN Amro Investment Solutions Takes $1.61 Million Position in Bunge Global SA $BG

ABN Amro Investment Solutions bought a new position in shares of Bunge Global SA (NYSE:BG) during the first quarter, Holdings Channel.com reports. The fund bought 12,699 shares of the basic materials company’s stock, valued at approximately $1,615,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Root Financial Partners LLC boosted its holdings in shares of Bunge Global by 23.5% in the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 85 shares in the last quarter. Allworth Financial LP boosted its position in shares of Bunge Global by 10.4% in the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock worth $93,000 after buying an additional 98 shares in the last quarter. Gould Asset Management LLC CA lifted its holdings in shares of Bunge Global by 2.3% in the first quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock valued at $557,000 after purchasing an additional 99 shares in the last quarter. Optimize Financial Inc raised its position in shares of Bunge Global by 1.4% in the fourth quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock valued at $641,000 after buying an additional 100 shares during the last quarter. Finally, Czech National Bank lifted its stake in shares of Bunge Global by 0.3% during the 4th quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock worth $3,179,000 after purchasing an additional 123 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BG has been the subject of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. BMO Capital Markets raised their target price on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Zacks Research cut shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Barclays boosted their target price 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. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Trading Down 0.6%

NYSE:BG opened at $121.55 on Friday. The stock’s 50 day moving average price is $118.50 and its 200 day moving average price is $119.05. Bunge Global SA has a 52 week low of $74.95 and a 52 week high of $134.87. The company has a market capitalization of $23.58 billion, a P/E ratio of 28.33 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share 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 business had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same period in the previous year, the company earned $1.81 earnings per share. Bunge Global’s revenue for the quarter was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, research analysts forecast that Bunge Global SA will post 9.74 EPS for the current fiscal year.

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.