Western Wealth Management LLC Buys Shares of 6,767 Bunge Global SA $BG

Western Wealth Management LLC bought a new stake in shares of Bunge Global SA (NYSE:BG) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,767 shares of the basic materials company’s stock, valued at approximately $861,000.

Other large investors also recently modified their holdings of the company. United Services Automobile Association bought a new position in Bunge Global during the first quarter valued at $223,000. Woodline Partners LP raised its stake in shares of Bunge Global by 34.5% in the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock valued at $862,000 after buying an additional 2,893 shares during the period. Focus Partners Wealth raised its stake in shares of Bunge Global by 16.7% in the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock valued at $309,000 after buying an additional 580 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Bunge Global by 118.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after buying an additional 494 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of Bunge Global by 1.1% during the 2nd quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after buying an additional 263 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Down 0.1%

NYSE:BG opened at $106.09 on Monday. The company has a market cap of $20.38 billion, a P/E ratio of 20.60 and a beta of 0.65. The stock’s fifty day moving average price is $117.43 and its two-hundred day moving average price is $119.73. Bunge Global SA has a 1 year low of $76.01 and a 1 year high of $134.87. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64.

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. The company had revenue of $24.04 billion during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The firm’s quarterly revenue was up 88.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, analysts expect that Bunge Global SA will post 9.74 EPS for the current year.

Wall Street Analyst Weigh In

BG has been the subject of several recent research reports. Barclays lifted their price objective on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.