Stephens Inc. AR Sells 9,984 Shares of Bunge Global SA $BG

Stephens Inc. AR decreased its holdings in shares of Bunge Global SA (NYSE:BG) by 8.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 106,444 shares of the basic materials company’s stock after selling 9,984 shares during the quarter. Stephens Inc. AR owned about 0.05% of Bunge Global worth $13,540,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC increased its position in 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 acquiring an additional 85 shares during the period. Allworth Financial LP boosted its stake in Bunge Global by 10.4% in the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock valued at $93,000 after buying an additional 98 shares in the last quarter. Optimize Financial Inc grew its stake in Bunge Global by 1.4% during the fourth quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock worth $641,000 after buying an additional 100 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Bunge Global by 4.5% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,786 shares of the basic materials company’s stock valued at $226,000 after buying an additional 120 shares during the last quarter. Finally, Czech National Bank increased its holdings in shares of Bunge Global by 0.3% in the fourth quarter. Czech National Bank now owns 35,691 shares of the basic materials company’s stock valued at $3,179,000 after purchasing an additional 123 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Performance

NYSE:BG traded up $0.75 during mid-day trading on Tuesday, reaching $109.53. 131,537 shares of the company’s stock were exchanged, compared to its average volume of 1,750,924. Bunge Global SA has a one year low of $71.60 and a one year high of $134.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60. The business’s fifty day simple moving average is $120.69 and its two-hundred day simple moving average is $116.52. The firm has a market capitalization of $21.25 billion, a PE ratio of 25.53 and a beta of 0.65.

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, beating analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The firm had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. During the same quarter in the previous year, the firm posted $1.81 EPS. The business’s revenue for the quarter was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Analysts anticipate that Bunge Global SA will post 9.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. UBS Group reaffirmed a “buy” rating on shares of Bunge Global in a research note on Wednesday, March 11th. Zacks Research downgraded Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. BMO Capital Markets upped their price objective on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. 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. Finally, Morgan Stanley lifted their price objective on shares of Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Bunge Global presently has a consensus rating of “Moderate Buy” and an average price target of $132.67.

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.