Yousif Capital Management LLC Purchases 182,258 Shares of Bunge Global SA $BG

Yousif Capital Management LLC boosted its position in shares of Bunge Global SA (NYSE:BG) by 999.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 200,495 shares of the basic materials company’s stock after buying an additional 182,258 shares during the period. Yousif Capital Management LLC’s holdings in Bunge Global were worth $21,073,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Clark Wealth Partners lifted its position in shares of Bunge Global by 3,657.1% in the third quarter. Clark Wealth Partners now owns 263 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 256 shares in the last quarter. Global Trust Asset Management LLC purchased a new stake in shares of Bunge Global during the first quarter worth approximately $47,000. Root Financial Partners LLC increased its position in shares of Bunge Global by 23.5% during the first 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 in the last quarter. Ameritas Advisory Services LLC acquired a new position in Bunge Global in the 2nd quarter valued at $50,000. Finally, Hilltop National Bank acquired a new position in Bunge Global in the 2nd quarter valued at $63,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. BMO Capital Markets reaffirmed an “outperform” rating and set a $150.00 target price on shares of Bunge Global in a report on Thursday, August 13th. UBS Group increased their target price on shares of 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. decreased their price target on shares of Bunge Global from $140.00 to $139.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $129.89.

Bunge Global Trading Up 0.0%

Shares of BG traded up $0.01 during midday trading on Friday, reaching $103.16. The company had a trading volume of 696,917 shares, compared to its average volume of 1,604,206. Bunge Global SA has a 1-year low of $88.24 and a 1-year 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. The firm has a 50 day simple moving average of $112.29 and a 200-day simple moving average of $116.70. The stock has a market cap of $19.82 billion, a PE ratio of 20.03 and a beta of 0.73.

Bunge Global (NYSE:BG) last announced its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $22.81 billion. During the same quarter in the previous year, the company posted $1.31 EPS. The company’s revenue 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. Research analysts forecast that Bunge Global SA will post 9.61 EPS for the current fiscal year.

Insider Transactions at Bunge Global

In other news, Director Christopher Mahoney bought 1,500 shares of Bunge Global stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $107.60 per share, with a total value of $161,400.00. Following the completion of the purchase, the director directly owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. This trade represents a 11.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.60% of the company’s stock.

Bunge Global Profile

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.