Vanguard Personalized Indexing Management LLC Grows Stock Holdings in Bunge Global SA $BG

Vanguard Personalized Indexing Management LLC raised its stake in Bunge Global SA (NYSE:BG) by 42.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,178 shares of the basic materials company’s stock after buying an additional 6,644 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Bunge Global were worth $1,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its position in shares of Bunge Global by 34.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,346,709 shares of the basic materials company’s stock worth $255,756,000 after purchasing an additional 859,733 shares during the period. Invesco Ltd. lifted its position in shares of Bunge Global by 3.8% in the 1st quarter. Invesco Ltd. now owns 3,329,577 shares of the basic materials company’s stock worth $254,446,000 after purchasing an additional 122,931 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Bunge Global by 6.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,603,669 shares of the basic materials company’s stock worth $122,552,000 after purchasing an additional 101,586 shares during the period. AustralianSuper Pty Ltd purchased a new stake in shares of Bunge Global in the 1st quarter worth approximately $92,552,000. Finally, AQR Capital Management LLC lifted its position in shares of Bunge Global by 80.5% in the 1st quarter. AQR Capital Management LLC now owns 995,507 shares of the basic materials company’s stock worth $76,077,000 after purchasing an additional 443,893 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Up 2.3%

NYSE BG opened at $95.25 on Friday. The company has a quick ratio of 1.29, a current ratio of 2.07 and a debt-to-equity ratio of 0.59. The firm has a market cap of $19.06 billion, a PE ratio of 9.52, a price-to-earnings-growth ratio of 7.96 and a beta of 0.66. The company has a 50 day moving average price of $82.80 and a 200 day moving average price of $79.83. Bunge Global SA has a 52 week low of $67.40 and a 52 week high of $98.11.

Bunge Global (NYSE:BG) last issued its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.12. Bunge Global had a net margin of 2.71% and a return on equity of 9.16%. The business had revenue of $12.77 billion for the quarter, compared to analyst estimates of $12.57 billion. During the same quarter in the prior year, the business posted $1.73 EPS. Bunge Global’s revenue for the quarter was down 3.6% compared to the same quarter last year. Bunge Global has set its FY 2025 guidance at 7.750-7.750 EPS. As a group, sell-side analysts forecast that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Insider Transactions at Bunge Global

In related news, Director Christopher Mahoney purchased 5,000 shares of the business’s stock in a transaction on Monday, August 18th. The shares were acquired at an average price of $81.73 per share, for a total transaction of $408,650.00. Following the purchase, the director owned 7,164 shares of the company’s stock, valued at $585,513.72. This trade represents a 231.05% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price target on shares of Bunge Global from $95.00 to $107.00 and gave the stock an “overweight” rating in a research report on Thursday. Morgan Stanley boosted their price objective on shares of Bunge Global from $74.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 12th. Finally, BMO Capital Markets boosted their price objective on shares of Bunge Global from $95.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and an average target price of $90.57.

Bunge Global Company Profile

Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals.