AXQ Capital LP Increases Stake in Bunge Global SA $BG

Key Points

• AXQ Capital significantly increased its Bunge Global stake by 522.7% in the second quarter, ending with 43,595 shares valued at approximately $4.65 million. Institutional investors collectively own 86.23% of the company.
• Analyst sentiment is positive, with Bunge rated “Moderate Buy” and a consensus price target of $132.67. Recent ratings included a Zacks upgrade to “Strong Buy” and a BMO Capital Markets target of $150.
• Bunge exceeded quarterly expectations, reporting adjusted EPS of $2.00 versus the $1.97 consensus and revenue of $24.04 billion, up 88.3% year over year. The company maintained fiscal 2026 EPS guidance of $9.25–$9.75.

AXQ Capital LP grew its holdings in shares of Bunge Global SA (NYSE:BG - Free Report) by 522.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,595 shares of the basic materials company's stock after purchasing an additional 36,594 shares during the quarter. Bunge Global makes up about 0.5% of AXQ Capital LP's portfolio, making the stock its 24th biggest holding. AXQ Capital LP's holdings in Bunge Global were worth $4,653,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BG. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Bunge Global by 2.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 284,285 shares of the basic materials company's stock worth $26,336,000 after purchasing an additional 8,018 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Bunge Global by 4,973.8% during the first quarter. NewEdge Advisors LLC now owns 42,468 shares of the basic materials company's stock worth $5,402,000 after buying an additional 41,631 shares during the last quarter. Prudential PLC increased its stake in shares of Bunge Global by 140.6% in the 4th quarter. Prudential PLC now owns 14,039 shares of the basic materials company's stock worth $1,251,000 after acquiring an additional 8,203 shares during the last quarter. WCM Investment Management LLC purchased a new position in shares of Bunge Global during the 1st quarter worth $41,195,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Bunge Global by 0.7% during the 1st quarter. Bank of New York Mellon Corp now owns 1,280,422 shares of the basic materials company's stock valued at $162,870,000 after acquiring an additional 9,271 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company's stock.

Analyst Ratings Changes

BG has been the topic of several recent analyst reports. Zacks Research upgraded shares of Bunge Global from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 28th. BMO Capital Markets restated an "outperform" rating and set a $150.00 price target on shares of Bunge Global in a report on Thursday, August 13th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Bunge Global in a research report on Wednesday, August 19th. 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 data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $132.67.

Insider Buying and Selling

In other news, Director Christopher Mahoney bought 5,000 shares of the company's stock in a transaction on Friday, July 31st. The stock was bought at an average cost of $105.53 per share, with a total value of $527,650.00. Following the transaction, the director directly owned 13,320 shares in the company, valued at $1,405,659.60. The trade was a 60.10% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by company insiders.

Bunge Global Stock Performance

NYSE:BG opened at $120.12 on Friday. 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 stock has a market capitalization of $23.08 billion, a P/E ratio of 23.32 and a beta of 0.67. The company has a 50 day moving average price of $113.43 and a 200 day moving average price of $119.58. Bunge Global SA has a fifty-two week low of $76.01 and a fifty-two week high of $134.87.

Bunge Global (NYSE:BG - Get Free Report) last announced its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The company had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. During the same quarter in the previous year, the company earned $1.31 earnings per share. The firm's quarterly revenue was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Equities research analysts forecast that Bunge Global SA will post 9.72 EPS for the current 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.

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