12 Best Ethanol Stocks to Buy According to Hedge Funds

4. Bunge Global SA (NYSE:BG)

Number of Hedge Fund Investors: 38

Market Cap as of April 3, 2025: $10.45 billion 

Bunge Global SA (NYSE:BG) is a food technology and ingredient developer, just like other midmarket supply chain companies. This part of the food industry is quite profitable. Its sales and profitability have fluctuated since its 2001 U.S. initial public offering, but it has managed to keep raising its dividend over time. The firm’s Sugar and Bioenergy section manufactures sugar and ethanol and generates electricity by burning sugarcane bagasse, ranking it fourth on our list of the Best Ethanol Stocks.

Bunge Global SA (NYSE:BG) is nearing the end of the regulatory procedures in China and Europe after receiving regulatory permission from the Canadian government for the Viterra deal. It is anticipated that the acquisition will build a $25 billion powerhouse that can compete with some of the top agricultural companies in the world. Furthermore, in FY 2024, the business declared that the sale of its Brazilian joint venture for sugar and bioenergy was completed.

Bunge Global SA (NYSE:BG) repurchased $1.1 billion of stock in 2024, showing a strong commitment to returning cash to shareholders. The company has a $3.3 billion cash balance at year’s end and $8.7 billion in unused committed credit facilities, revealing its strong liquidity position. As far as sustainability goes, the business made history by being the first international commodity exporter to guarantee 100% traceability as well as tracking of direct and indirect soy purchases in Brazil’s priority regions.