Greenwood Capital Associates LLC Has $456,000 Holdings in Bunge Global SA $BG

Greenwood Capital Associates LLC lessened its stake in shares of Bunge Global SA (NYSE:BG) by 72.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,582 shares of the basic materials company’s stock after selling 9,460 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Bunge Global were worth $456,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Quest 10 Wealth Builders Inc. bought a new position in shares of Bunge Global in the 4th quarter valued at approximately $27,000. Global Trust Asset Management LLC acquired a new position in Bunge Global during the first quarter valued at approximately $47,000. CYBER HORNET ETFs LLC acquired a new position in Bunge Global during the second quarter valued at approximately $31,000. MUFG Securities EMEA plc bought a new position in shares of Bunge Global in the second quarter valued at approximately $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Bunge Global in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Price Performance

Shares of Bunge Global stock opened at $113.78 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. The company has a market cap of $22.08 billion, a PE ratio of 26.52 and a beta of 0.65. The firm has a fifty day moving average price of $119.98 and a two-hundred day moving average price of $116.97. Bunge Global SA has a fifty-two week low of $71.60 and a fifty-two week high of $134.87.

Bunge Global (NYSE:BG) last posted its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.86. The company had revenue of $21.86 billion for the quarter, compared to the consensus estimate of $23.38 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business’s revenue was up 87.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Analysts expect that Bunge Global SA will post 9.57 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BG. Zacks Research cut shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Barclays raised 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. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. BMO Capital Markets upped their price target on shares of Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. upped their price target on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Bunge Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

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.