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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
92% more call options, than puts
Call options by funds: $247M | Put options by funds: $129M
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
5% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 82
2% less funds holding
Funds holding: 616 [Q2] → 605 (-11) [Q3]
5.55% less ownership
Funds ownership: 88.12% [Q2] → 82.57% (-5.55%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 238
15% less capital invested
Capital invested by funds: $13.3B [Q2] → $11.3B (-$2.04B) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$95
19%
upside
Avg. target
$95
19%
upside
High target
$95
19%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Barclays Benjamin Theurer 33% 1-year accuracy 10 / 30 met price target | 19%upside $95 | Equal-Weight Downgraded | 21 Jan 2025 |
Financial journalist opinion
Based on 6 articles about BG published over the past 30 days
Neutral
Zacks Investment Research
5 days ago
Bunge & Viterra Merger Cleared by Canada Government, Set to Close Soon
The government of Canada gives the green light to the BG -Viterra merger, subject to certain conditions.
Positive
Reuters
6 days ago
Canada approves $34 billion Bunge-Viterra merger with conditions
The Canadian government said on Tuesday it approved with conditions the $34 billion merger deal between Bunge and the Glencore-backed company Viterra.
Positive
Seeking Alpha
1 week ago
Bunge: Too Low Valuation, I'm Going In
Bunge S.A., a leader in oilseed processing, faces operational challenges but offers long-term upside, making it an attractive investment at current valuations. Despite a volatile earnings environment, Bunge's BBB+ rating, 3.5% yield, and strategic moves, including the Viterra merger, enhance its investment appeal. The company's valuation is compelling, trading below sector averages, with a potential upside of over 30% and a price target of $125/share by 2026.
Neutral
Business Wire
1 week ago
Bunge Schedules Fourth Quarter 2024 Earnings Release and Conference Call
ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) will announce its results for the quarter ended December 31, 2024, on Wednesday, February 5, 2025, prior to the market opening. The Company's management will also host a conference call at 7:00 a.m. Central Time to discuss the results. A slide presentation to accompany the discussion will be posted on www.bunge.com. To access the webcast, go to “Events & Presentations” under “News & Events” in the “Investor Center” section of the co.
Neutral
Business Wire
3 weeks ago
Bunge Limited Finance Corp. Announces Extension of Exchange Offers
ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) (“Bunge”), today announced that its wholly-owned subsidiary, Bunge Limited Finance Corp. (“BLFC”), has further extended the expiration date of its previously announced (A) offers to exchange (each an “Exchange Offer” and, collectively the “Exchange Offers”) any and all outstanding 2.000% Notes due 2026 (the “Existing Viterra 2026 Notes”), 4.900% Notes due 2027 (the “Existing Viterra 2027 Notes”), 3.200% Notes due 2031 (the “Existing Viterra.
Positive
Finbold
3 weeks ago
ChatGPT picks 5 stocks to buy for the start of 2025
As we enter the tail end of 2024, which has been a great year for the markets, as the S&P 500 has rallied by 27.35% since the beginning of the year, one question lies on the minds of investors the world over — what do I invest in for next year?
Positive
Seeking Alpha
1 month ago
Archer-Daniels-Midland: Valuation Is Low, But Bunge May Be A Better Deal
Archer-Daniels-Midland's valuation is low, with a forward P/E of 11.7X and a 3.7% dividend yield, but faces weak YoY performance and accounting investigations. Rising labor and energy costs, regulatory scrutiny, and shifting consumer trends weigh on ADM's profitability and long-term prospects. ADM's nutrition segment is under investigation, leading to restated financials, a significant decline in operating profit earlier this year, and delayed Q3 results.
Neutral
Business Wire
2 months ago
Bunge Reaches 100% Monitoring of its Indirect Soy Value Chain in Brazil's Priority Regions
ST. LOUIS--(BUSINESS WIRE)--Bunge announced today it is the first global commodity exporter to achieve 100% traceability and monitoring of its direct and indirect soy purchases in priority regions of the Cerrado biome in Brazil. Priority regions at risk of deforestation in the Cerrado include the Brazilian States of Maranhão, Tocantins, Piauí, Bahia and Mato Grosso. With the support of satellite monitoring, the company achieved 100% tracking and monitoring of its indirect supply chain in Octobe.
Neutral
Business Wire
2 months ago
Bunge Announces Expansion of Existing Share Repurchase Program
ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) (“Bunge”) today announced that on November 13, 2024, its Board of Directors authorized the repurchase of an additional $500 million of its issued and outstanding registered shares, par value $0.01 per share (each a “Share,” and collectively the “Shares”) under a previous share repurchase program authorized on June 13, 2023. This is in addition to approximately $800 million for Share repurchases that remain available under the existing share.
Neutral
Seeking Alpha
2 months ago
Bunge Global (BG) Q3 2024 Earnings Call Transcript
Bunge Global SA (NYSE:BG ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Greg Heckman - Chief Executive Officer John Neppl - Chief Financial Officer Ruth Ann Wisener - Vice President, Investor Relations Conference Call Participants Andrew Strelzik - BMO Capital Markets Salvatore Tiano - Bank of America Tom Palmer - Citi Manav Gupta - UBS Heather Jones - Heather Jones Research Stephen Hayes - Morgan Stanley Ben Theurer - Barclays Operator Good day and welcome to the Bunge Global SA third quarter 2024 earnings release and conference call. All participants will be in listen-only mode.
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