Dimensional Fund Advisors LP Grows Stock Position in MGP Ingredients, Inc. $MGPI

Key Points

• Dimensional Fund Advisors increased its MGP Ingredients stake by 11.6% in the first quarter, holding 760,128 shares worth approximately $13.98 million. Institutional investors and hedge funds collectively own 77.11% of the company.
• MGP Ingredients exceeded quarterly EPS expectations, reporting $0.72 versus the $0.49 consensus estimate, but revenue fell 14.5% year over year to $124.36 million. The company issued fiscal 2026 EPS guidance of $1.50–$1.80.
• Analyst sentiment remains mixed, with an average “Hold” rating and a $27.25 consensus price target. The company also declared a quarterly dividend of $0.12 per share, implying a 2.7% annualized yield.

Dimensional Fund Advisors LP increased its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 11.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 760,128 shares of the company's stock after purchasing an additional 78,849 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.56% of MGP Ingredients worth $13,979,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in MGPI. Osaic Holdings Inc. lifted its holdings in MGP Ingredients by 130.3% in the 2nd quarter. Osaic Holdings Inc. now owns 935 shares of the company's stock valued at $28,000 after purchasing an additional 529 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of MGP Ingredients during the fourth quarter worth $32,000. Quadrant Capital Group LLC raised its position in shares of MGP Ingredients by 237.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,830 shares of the company's stock valued at $44,000 after buying an additional 1,287 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of MGP Ingredients by 278.9% in the second quarter. Tower Research Capital LLC TRC now owns 1,883 shares of the company's stock valued at $56,000 after buying an additional 1,386 shares during the last quarter. Finally, Palouse Capital Management Inc. lifted its stake in shares of MGP Ingredients by 101.2% in the fourth quarter. Palouse Capital Management Inc. now owns 2,942 shares of the company's stock worth $71,000 after buying an additional 1,480 shares in the last quarter. 77.11% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Caroline Lux Kaplan sold 30,000 shares of MGP Ingredients stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.82, for a total transaction of $534,600.00. Following the sale, the insider owned 500,958 shares of the company's stock, valued at approximately $8,927,071.56. The trade was a 5.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 31.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MGPI shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of MGP Ingredients in a research note on Friday, July 31st. TD Cowen raised their target price on shares of MGP Ingredients from $18.00 to $20.00 and gave the stock a "hold" rating in a research note on Thursday, July 30th. Wells Fargo & Company boosted their target price on MGP Ingredients from $21.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Finally, Zacks Research upgraded MGP Ingredients from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, MGP Ingredients currently has an average rating of "Hold" and an average target price of $27.25.

MGP Ingredients Trading Up 1.2%

Shares of MGPI stock opened at $17.53 on Friday. The company's 50-day moving average price is $17.08 and its 200-day moving average price is $19.41. The company has a current ratio of 6.99, a quick ratio of 1.65 and a debt-to-equity ratio of 0.61. The stock has a market cap of $375.32 million, a price-to-earnings ratio of -1.56 and a beta of 0.47. MGP Ingredients, Inc. has a twelve month low of $15.72 and a twelve month high of $30.60.

MGP Ingredients (NASDAQ:MGPI - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.23. MGP Ingredients had a negative net margin of 48.08% and a positive return on equity of 7.41%. The firm had revenue of $124.36 million during the quarter, compared to analysts' expectations of $125.16 million. During the same period last year, the business earned $0.97 earnings per share. MGP Ingredients's revenue was down 14.5% compared to the same quarter last year. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts predict that MGP Ingredients, Inc. will post 1.65 earnings per share for the current year.

MGP Ingredients Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, August 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.7%. MGP Ingredients's dividend payout ratio (DPR) is currently -4.26%.

About MGP Ingredients

MGP Ingredients, Inc NASDAQ: MGPI is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.

The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits.

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