Bunge Global
About: Bunge Global SA formerly Bunge Ltd is an agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is an oilseed processor and producer of vegetable oils and protein meals, based on processing capacity, a grain processor, the seller of packaged plant-based oils, producer and seller of wheat flour, bakery mixes, and corn-based products in North and South America.
Employees: 23,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
55% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 56
54% more call options, than puts
Call options by funds: $194M | Put options by funds: $126M
5% more funds holding
Funds holding: 582 [Q1] → 613 (+31) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 211
4% more capital invested
Capital invested by funds: $12.6B [Q1] → $13.1B (+$465M) [Q2]
1.39% less ownership
Funds ownership: 87.87% [Q1] → 86.48% (-1.39%) [Q2]
30% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 7 (-3) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Citigroup Thomas Palmer 48% 1-year accuracy 10 / 21 met price target | 19%upside $114 | Neutral Downgraded | 1 Aug 2024 |
Financial journalist opinion
Based on 8 articles about BG published over the past 30 days