Janus Henderson Group PLC Lowers Holdings in Bunge Global SA $BG

Janus Henderson Group PLC lowered its position in shares of Bunge Global SA (NYSE:BG) by 51.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,382 shares of the basic materials company’s stock after selling 35,828 shares during the period. Janus Henderson Group PLC’s holdings in Bunge Global were worth $4,373,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Glencore plc raised its holdings in shares of Bunge Global by 100.0% in the 4th quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock valued at $5,844,735,000 after purchasing an additional 32,806,103 shares in the last quarter. Norges Bank bought a new position in Bunge Global in the fourth quarter worth approximately $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Bunge Global by 168,119.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock worth $103,846,000 after buying an additional 1,165,071 shares during the period. Merewether Investment Management LP purchased a new position in shares of Bunge Global in the 3rd quarter valued at $74,888,000. Finally, Vanguard Group Inc. lifted its stake in shares of Bunge Global by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after purchasing an additional 777,805 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Bunge Global

In other Bunge Global news, Director Christopher Mahoney acquired 5,000 shares of the company’s stock in a transaction on Friday, July 31st. The shares were bought at an average cost of $105.53 per share, with a total value of $527,650.00. Following the completion of the acquisition, the director owned 13,320 shares in the company, valued at approximately $1,405,659.60. This trade represents a 60.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

BG has been the topic of several recent analyst reports. Barclays upped their target price on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a report 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 given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Stock Up 2.2%

BG opened at $109.01 on Friday. Bunge Global SA has a fifty-two week low of $76.01 and a fifty-two week high of $134.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57. The company has a fifty day moving average of $116.27 and a two-hundred day moving average of $119.75. The stock has a market capitalization of $20.94 billion, a price-to-earnings ratio of 21.17 and a beta of 0.65.

Bunge Global (NYSE:BG) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, topping 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 business had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. During the same period in the prior year, the company posted $1.31 EPS. The company’s revenue for the quarter was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, research analysts expect that Bunge Global SA will post 9.72 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.