10,932 Shares in Bunge Global SA $BG Purchased by Tounjian Advisory Partners LLC

Tounjian Advisory Partners LLC purchased a new position in shares of Bunge Global SA (NYSE:BGFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,932 shares of the basic materials company’s stock, valued at approximately $888,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BG. CoreCap Advisors LLC raised its position in Bunge Global by 2,000.0% during the 3rd quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock worth $26,000 after buying an additional 300 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Bunge Global during the third quarter worth about $28,000. CYBER HORNET ETFs LLC purchased a new position in Bunge Global during the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in Bunge Global in the second quarter valued at about $32,000. Finally, Rakuten Securities Inc. boosted its holdings in Bunge Global by 57.7% in the 2nd quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock valued at $39,000 after purchasing an additional 176 shares in the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BG has been the subject of a number of analyst reports. Stephens reissued an “overweight” rating and set a $130.00 target price on shares of Bunge Global in a research note on Thursday, February 5th. UBS Group raised their target price on Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Morgan Stanley increased their price target on shares of Bunge Global from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Bank of America boosted their price objective on shares of Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Finally, Barclays increased their target price on shares of Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.44.

Read Our Latest Analysis on BG

Bunge Global Stock Up 0.8%

BG stock opened at $120.39 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.61 and a quick ratio of 0.74. The company’s 50 day simple moving average is $108.51 and its 200-day simple moving average is $95.54. Bunge Global SA has a 12 month low of $68.33 and a 12 month high of $124.78. The firm has a market capitalization of $23.30 billion, a PE ratio of 22.21, a P/E/G ratio of 0.76 and a beta of 0.78.

Bunge Global (NYSE:BGGet Free Report) last announced its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.17. The firm had revenue of $23.76 billion for the quarter, compared to analysts’ expectations of $23 billion. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.Bunge Global’s quarterly revenue was up 75.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 EPS. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. Equities analysts expect that Bunge Global SA will post 7.94 earnings per share for the current fiscal year.

About Bunge Global

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Bunge Global (NYSE:BG)

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