Bunge Global SA $BG Position Boosted by Evergreen Capital Management LLC

Evergreen Capital Management LLC lifted its position in Bunge Global SA (NYSE:BG - Free Report) by 495.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 164,184 shares of the basic materials company's stock after buying an additional 136,588 shares during the period. Evergreen Capital Management LLC owned approximately 0.09% of Bunge Global worth $17,280,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BG. Clark Wealth Partners grew its holdings in Bunge Global by 3,657.1% during the third quarter. Clark Wealth Partners now owns 263 shares of the basic materials company's stock worth $28,000 after acquiring an additional 256 shares during the period. Global Trust Asset Management LLC bought a new stake in Bunge Global in the first quarter worth about $47,000. Root Financial Partners LLC lifted its holdings in Bunge Global by 23.5% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company's stock valued at $57,000 after acquiring an additional 85 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Bunge Global in the 2nd quarter valued at about $50,000. Finally, Hilltop National Bank acquired a new stake in Bunge Global in the 2nd quarter valued at about $63,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Bunge Global Stock Up 0.0%

BG opened at $103.16 on Friday. Bunge Global SA has a fifty-two week low of $88.24 and a fifty-two week high of $134.87. The business has a 50-day moving average of $112.29 and a 200-day moving average of $116.70. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64. The company has a market capitalization of $19.82 billion, a PE ratio of 20.03 and a beta of 0.73.

Bunge Global (NYSE:BG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%. The business had revenue of $24.04 billion during the quarter, compared to analysts' expectations of $22.81 billion. During the same quarter in the previous year, the business posted $1.31 EPS. 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 9.61 EPS for the current fiscal year.

Insider Transactions at Bunge Global

In other Bunge Global news, Director Christopher Mahoney bought 1,500 shares of the firm's stock in a transaction on Tuesday, August 4th. The stock was bought at an average cost of $107.60 per share, with a total value of $161,400.00. Following the completion of the transaction, the director directly owned 14,820 shares of the company's stock, valued at approximately $1,594,632. The trade was a 11.26% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. BMO Capital Markets reissued an "outperform" rating and set a $150.00 price objective on shares of Bunge Global in a research note on Thursday, August 13th. Weiss Ratings restated a "hold (c)" rating on shares of Bunge Global in a report on Wednesday, August 19th. Zacks Research lowered Bunge Global from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 7th. JPMorgan Chase & Co. reduced their target price on Bunge Global from $140.00 to $139.00 and set an "overweight" rating for the company in a report on Monday, October 12th. Finally, UBS Group upped their target price on Bunge Global from $145.00 to $155.00 and gave the company a "buy" rating in a report on Thursday, September 10th. 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.com, Bunge Global has an average rating of "Moderate Buy" and an average price target of $129.89.

Bunge Global Profile

Bunge Global SA NYSE: BG is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.

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