Bunge Global SA $BG Position Lifted by Uncommon Cents Investing Inc

Uncommon Cents Investing Inc lifted its position in Bunge Global SA (NYSE:BG) by 43.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 47,411 shares of the basic materials company’s stock after acquiring an additional 14,245 shares during the period. Bunge Global comprises 1.1% of Uncommon Cents Investing Inc’s investment portfolio, making the stock its 25th largest holding. Uncommon Cents Investing Inc’s holdings in Bunge Global were worth $5,044,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Clark Wealth Partners boosted its stake in shares of Bunge Global by 3,657.1% during the 3rd quarter. Clark Wealth Partners now owns 263 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 256 shares during the period. Global Trust Asset Management LLC purchased a new stake in Bunge Global in the 1st quarter worth about $47,000. Root Financial Partners LLC raised its position in Bunge Global by 23.5% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 85 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Bunge Global in the 2nd quarter worth about $50,000. Finally, Hilltop National Bank bought a new stake in Bunge Global in the second quarter worth about $63,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Trading Down 0.1%

BG opened at $103.03 on Wednesday. The stock’s fifty day moving average is $112.89 and its two-hundred day moving average is $117.17. The company has a market capitalization of $19.79 billion, a P/E ratio of 20.00 and a beta of 0.73. Bunge Global SA has a 52 week low of $88.24 and a 52 week high of $134.87. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54.

Bunge Global (NYSE:BG) last released its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, topping 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 company had revenue of $24.04 billion during the quarter, compared to analyst estimates of $22.81 billion. During the same period in the prior year, the firm earned $1.31 earnings per share. The firm’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. Analysts forecast that Bunge Global SA will post 9.61 earnings per share for the current year.

Analyst Ratings Changes

BG has been the subject of several recent analyst reports. UBS Group boosted their target price on Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. reduced their price target on Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. BMO Capital Markets reissued an “outperform” rating and set a $150.00 price target on shares of Bunge Global in a research note on Thursday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a report on Wednesday, August 19th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.89.

Insider Activity at Bunge Global

In related news, Director Christopher Mahoney purchased 5,000 shares of Bunge Global stock in a transaction dated Friday, July 31st. The stock was purchased at an average cost of $105.53 per share, with a total value of $527,650.00. Following the transaction, the director owned 13,320 shares in the company, valued at approximately $1,405,659.60. The trade was a 60.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.60% of the company’s stock.

About Bunge Global

Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.