Bunge Limited

(New York Stock Exchange)
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Somewhat Bullish +45

Bank of New York Mellon Corp Has $162.87 Million Stock Holdings in ...

AI-generated analysis

🏦 Bank of New York Mellon Corp raised its stake in Bunge Global SA by 0.7% in Q1, adding 9,271 shares to a total holding of 1,280,422 shares valued at $162.87 million.

πŸ“ˆ Bunge Global reported quarterly EPS of $1.83, significantly topping analyst consensus estimates of $0.97 by $0.86.

πŸ’° Revenue for the quarter reached $21.86 billion, marking an 87.8% increase compared to the same period last year.

πŸ“‰ Revenue of $21.86 billion was slightly below analyst expectations of $23.38 billion for the quarter.

🎯 Barclays raised its price objective from $145.00 to $150.00 and assigned an 'overweight' rating to the stock.

πŸ“‰ Zacks Research downgraded Bunge Global shares from a 'strong-buy' rating to a 'hold' rating in late June.

🏒 Institutional investors and hedge funds collectively own 86.23% of Bunge Global's outstanding stock.

πŸ“Š The company has set full-year 2026 EPS guidance between $9.00 and $9.50, while analysts expect $9.61.

πŸ“‰ Net margin for the quarter was reported at 0.85% with a return on equity of 8.60%.

πŸ“ˆ The stock has a market capitalization of $23.09 billion and a PE ratio of 27.74.

Bullish Signals
  • Bunge Global reported quarterly EPS of $1.83, which significantly beat the analyst consensus estimate of $0.97 by $0.86.
  • Revenue surged to $21.86 billion for the quarter, representing an impressive 87.8% year-over-year increase.
  • Barclays raised its price objective from $145.00 to $150.00 and upgraded the rating to 'overweight'.
  • BMO Capital Markets increased its target price to $150.00 with an 'outperform' rating.
  • JPMorgan Chase raised its target price to $134.00 and maintained an 'overweight' rating.
  • The company maintains a strong balance sheet with a current ratio of 1.60 and a debt-to-equity ratio of 0.57.
Risk Factors
  • Bunge Global's quarterly revenue of $21.86 billion missed analyst expectations of $23.38 billion.
  • Zacks Research downgraded the stock from a 'strong-buy' rating to a 'hold' rating in late June.
Full Analysis
Bank of New York Mellon Corp increased its stake in Bunge Global SA (NYSE:BG) by 0.7% in the first quarter, purchasing an additional 9,271 shares to hold a total of 1,280,422 shares valued at $162.87 million. Several other institutional investors, including Quest 10 Wealth Builders Inc., Global Trust Asset Management LLC, and CYBER HORNET ETFs LLC, established new positions in the stock during the second or fourth quarters, with holdings ranging from approximately $27,000 to $47,000. Analyst sentiment remains mixed but generally positive regarding Bunge's valuation. Barclays raised its price objective to $150.00 with an 'overweight' rating, while BMO Capital Markets and JPMorgan Chase also increased their targets to $150.00 and $134.00 respectively. Conversely, Zacks Research downgraded the stock from a 'strong-buy' to a 'hold', and Weiss Ratings maintained a 'hold (c)' status. Collectively, eight analysts rate the stock as a Buy while three assign a Hold rating. Financially, Bunge Global reported strong earnings for the quarter ended April 29th, posting $1.83 EPS which significantly beat the consensus estimate of $0.97. Revenue reached $21.86 billion, representing an 87.8% year-over-year increase, though it fell slightly short of analyst expectations at $23.38 billion. The company maintains a market cap of $23.09 billion and has set full-year 2026 EPS guidance between $9.00 and $9.50.