Healthcare of Ontario Pension Plan Trust Fund Has $1.08 Million Stock Position in Bunge Global SA $BG

Healthcare of Ontario Pension Plan Trust Fund reduced its holdings in shares of Bunge Global SA (NYSE:BGFree Report) by 80.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,504 shares of the basic materials company’s stock after selling 35,461 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Bunge Global were worth $1,082,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BG. Arrowstreet Capital Limited Partnership bought a new position in Bunge Global in the first quarter valued at about $15,400,000. Sei Investments Co. lifted its holdings in shares of Bunge Global by 33.2% in the first quarter. Sei Investments Co. now owns 113,131 shares of the basic materials company’s stock worth $14,390,000 after acquiring an additional 28,216 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Bunge Global by 18.2% in the 1st quarter. Cetera Investment Advisers now owns 24,568 shares of the basic materials company’s stock valued at $3,125,000 after purchasing an additional 3,782 shares in the last quarter. CI Investments Inc. boosted its stake in shares of Bunge Global by 10.9% in the 1st quarter. CI Investments Inc. now owns 18,822 shares of the basic materials company’s stock valued at $2,394,000 after purchasing an additional 1,847 shares in the last quarter. Finally, a16z Perennial Management L.P. bought a new stake in shares of Bunge Global during the 1st quarter valued at approximately $236,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BG. Barclays upped their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Zacks Research upgraded 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 research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Bunge Global currently has an average rating of “Moderate Buy” and an average price target of $132.67.

Read Our Latest Stock Analysis on BG

Bunge Global Stock Performance

Shares of BG stock opened at $106.09 on Friday. The business’s 50-day moving average price is $117.43 and its 200-day moving average price is $119.60. Bunge Global SA has a 12 month low of $76.01 and a 12 month high of $134.87. The firm has a market capitalization of $20.38 billion, a price-to-earnings ratio of 20.60 and a beta of 0.65. The company has a current ratio of 1.57, a quick ratio of 0.69 and a debt-to-equity ratio of 0.54.

Bunge Global (NYSE:BGGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.03. The company had revenue of $24.04 billion during the quarter, compared to the consensus estimate of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The firm’s revenue was up 88.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Equities research analysts forecast that Bunge Global SA will post 9.74 EPS for the current year.

About Bunge Global

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Bunge Global (NYSE:BG)

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