Pacer Advisors Inc. Has $860,000 Stake in Bunge Global SA $BG

Pacer Advisors Inc. lowered its position in shares of Bunge Global SA (NYSE:BG) by 58.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,763 shares of the basic materials company’s stock after selling 9,693 shares during the period. Pacer Advisors Inc.’s holdings in Bunge Global were worth $860,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC raised its position in Bunge Global by 13.1% in the first quarter. Parallel Advisors LLC now owns 2,677 shares of the basic materials company’s stock valued at $341,000 after purchasing an additional 310 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Bunge Global by 4,973.8% during the first quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company’s stock worth $5,402,000 after purchasing an additional 41,631 shares during the last quarter. Groupama Asset Managment increased its stake in shares of Bunge Global by 26.4% in the first quarter. Groupama Asset Managment now owns 3,976 shares of the basic materials company’s stock valued at $506,000 after buying an additional 830 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of Bunge Global in the first quarter valued at approximately $370,000. Finally, Verus Capital Partners LLC bought a new position in Bunge Global in the 1st quarter valued at approximately $255,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Price Performance

Bunge Global stock opened at $108.30 on Monday. The stock’s 50 day moving average is $115.96 and its 200 day moving average is $119.75. Bunge Global SA has a one year low of $76.01 and a one year high of $134.87. The firm has a market cap of $20.81 billion, a P/E ratio of 21.03 and a beta of 0.65. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The business had revenue of $24.04 billion during the quarter, compared to the consensus estimate of $22.81 billion. During the same quarter in the prior year, the firm posted $1.31 EPS. The company’s revenue for the quarter was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, research analysts expect that Bunge Global SA will post 9.72 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BG shares. Barclays lifted 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. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Insider Activity at Bunge Global

In other news, Director Christopher Mahoney acquired 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of $107.60 per share, for a total transaction of $161,400.00. Following the completion of the transaction, the director directly owned 14,820 shares in the company, valued at $1,594,632. This represents a 11.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.60% of the company’s stock.

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.