Dimensional Fund Advisors LP Sells 197,505 Shares of Bunge Global SA $BG

Dimensional Fund Advisors LP trimmed its stake in Bunge Global SA (NYSE:BG) by 8.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,048,631 shares of the basic materials company’s stock after selling 197,505 shares during the period. Dimensional Fund Advisors LP’s holdings in Bunge Global were worth $260,572,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. United Services Automobile Association acquired a new position in shares of Bunge Global during the first quarter valued at about $223,000. Woodline Partners LP grew its position in Bunge Global by 34.5% during the first quarter. Woodline Partners LP now owns 11,278 shares of the basic materials company’s stock worth $862,000 after buying an additional 2,893 shares in the last quarter. Focus Partners Wealth grew its position in Bunge Global by 16.7% during the first quarter. Focus Partners Wealth now owns 4,046 shares of the basic materials company’s stock worth $309,000 after buying an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Bunge Global by 118.8% during the second quarter. EverSource Wealth Advisors LLC now owns 910 shares of the basic materials company’s stock valued at $73,000 after acquiring an additional 494 shares during the period. Finally, Baird Financial Group Inc. increased its stake in Bunge Global by 1.1% during the second quarter. Baird Financial Group Inc. now owns 23,760 shares of the basic materials company’s stock valued at $1,907,000 after acquiring an additional 263 shares during the period. Institutional investors own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. BMO Capital Markets upped their price target on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Barclays raised their target price on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Bunge Global presently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Stock Up 2.0%

NYSE BG opened at $124.04 on Thursday. Bunge Global SA has a 1-year low of $74.95 and a 1-year high of $134.87. The company has a market capitalization of $24.07 billion, a price-to-earnings ratio of 28.91 and a beta of 0.65. The stock’s 50 day moving average is $118.53 and its two-hundred day moving average is $118.83. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. The business had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.Bunge Global’s quarterly revenue was up 87.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.81 EPS. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts forecast that Bunge Global SA will post 9.74 earnings per share for the current fiscal year.

Bunge Global Company 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.