Rep. Lisa C. McClain Purchases Shares of MGP Ingredients, Inc. (NASDAQ:MGPI)

Key Points

• Representative Lisa C. McClain recently purchased shares of MGP Ingredients, Inc. (NASDAQ:MGPI) valued between $1,001 and $15,000 on September 25th, as per a filing made on October 22nd.
• MGP Ingredients announced a quarterly dividend of $0.12 per share, yielding 2.0%, although its current dividend payout ratio is negative at -154.84%.
• Analysts maintain a consensus rating of "Moderate Buy" for MGP Ingredients, with an average target price of $44.60, despite a recent downgrade from Wells Fargo.

Representative Lisa C. McClain (R-Michigan) recently bought shares of MGP Ingredients, Inc. NASDAQ: MGPI. In a filing disclosed on October 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in MGP Ingredients stock on September 25th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of FMC NYSE: FMC on 9/25/2025.
• Sold $1,001 - $15,000 in shares of Merit Medical Systems NASDAQ: MMSI on 9/25/2025.
• Purchased $1,001 - $15,000 in shares of Darden Restaurants NYSE: DRI on 9/25/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 9/25/2025.
• Purchased $1,001 - $15,000 in shares of Kenvue NYSE: KVUE on 9/25/2025.
• Sold $1,001 - $15,000 in shares of Beacon Financial NYSE: BBT on 9/25/2025.
• Sold $1,001 - $15,000 in shares of British American Tobacco NYSE: BTI on 9/25/2025.
• Purchased $1,001 - $15,000 in shares of Rollins NYSE: ROL on 9/25/2025.
• Purchased $1,001 - $15,000 in shares of SAP NYSE: SAP on 9/25/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 9/25/2025.

MGP Ingredients Trading Down 0.6%

Shares of NASDAQ:MGPI opened at $24.42 on Friday. The company has a market cap of $519.90 million, a P/E ratio of -78.77 and a beta of 0.37. The stock's 50-day moving average is $26.73 and its 200-day moving average is $28.86. MGP Ingredients, Inc. has a 52-week low of $23.28 and a 52-week high of $59.65. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.79 and a current ratio of 2.91.

MGP Ingredients (NASDAQ:MGPI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.33. The company had revenue of $145.49 million for the quarter, compared to the consensus estimate of $138.70 million. MGP Ingredients had a positive return on equity of 10.66% and a negative net margin of 1.08%.The firm's revenue was down 23.7% compared to the same quarter last year. During the same period last year, the business posted $1.71 earnings per share. MGP Ingredients has set its FY 2025 guidance at 2.450-2.750 EPS. Equities research analysts predict that MGP Ingredients, Inc. will post 5.56 earnings per share for the current year.

MGP Ingredients Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, August 15th. MGP Ingredients's dividend payout ratio (DPR) is currently -154.84%.

Institutional Investors Weigh In On MGP Ingredients

A number of institutional investors have recently added to or reduced their stakes in MGPI. Brooklyn Investment Group boosted its holdings in MGP Ingredients by 2,365.7% during the first quarter. Brooklyn Investment Group now owns 863 shares of the company's stock valued at $25,000 after purchasing an additional 828 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of MGP Ingredients by 333.3% in the 1st quarter. Penserra Capital Management LLC now owns 897 shares of the company's stock worth $26,000 after acquiring an additional 690 shares in the last quarter. Osaic Holdings Inc. raised its position in MGP Ingredients by 130.3% in the 2nd quarter. Osaic Holdings Inc. now owns 935 shares of the company's stock worth $28,000 after purchasing an additional 529 shares during the last quarter. GAMMA Investing LLC raised its position in MGP Ingredients by 114.8% in the 1st quarter. GAMMA Investing LLC now owns 1,497 shares of the company's stock worth $44,000 after purchasing an additional 800 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in MGP Ingredients by 278.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,883 shares of the company's stock worth $56,000 after purchasing an additional 1,386 shares during the last quarter. 77.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MGPI has been the topic of several research analyst reports. Wells Fargo & Company lowered their price target on MGP Ingredients from $38.00 to $33.00 and set an "overweight" rating on the stock in a research report on Thursday, September 25th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of MGP Ingredients in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $44.60.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

MGP Ingredients Company Profile

MGP Ingredients, Inc, together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions.

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