Royal Bank of Canada Has $35.46 Million Position in Bunge Global SA $BG

Royal Bank of Canada boosted its holdings in Bunge Global SA (NYSE:BG) by 68.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 278,773 shares of the basic materials company’s stock after acquiring an additional 113,646 shares during the period. Royal Bank of Canada’s holdings in Bunge Global were worth $35,462,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. acquired a new position in shares of Bunge Global in the fourth quarter valued at $27,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Bunge Global during the 2nd quarter worth about $31,000. MUFG Securities EMEA plc bought a new stake in shares of Bunge Global during the 2nd quarter worth about $32,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Bunge Global during the 4th quarter worth about $35,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in shares of Bunge Global by 152.9% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 430 shares of the basic materials company’s stock worth $35,000 after buying an additional 260 shares during the period. 86.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BG shares. Barclays increased their price target on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Zacks Research raised Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Price Performance

NYSE:BG opened at $105.33 on Tuesday. Bunge Global SA has a 52 week low of $76.01 and a 52 week high of $134.87. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 20.45 and a beta of 0.65. The firm’s 50-day simple moving average is $117.13 and its 200 day simple moving average is $119.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57.

Bunge Global (NYSE:BG) last posted its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) 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 firm had revenue of $24.04 billion during the quarter, compared to the consensus estimate of $22.81 billion. During the same quarter in the previous year, the firm posted $1.31 EPS. The business’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, sell-side analysts predict that Bunge Global SA will post 9.74 earnings per share for the current year.

Bunge Global Profile

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.