Assenagon Asset Management S.A. acquired a new stake in MGP Ingredients, Inc. (NASDAQ: MGPI) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 194,367 shares of the company's stock, valued at approximately $4,702,000. Assenagon Asset Management S.A. owned 0.91% of
MGP Ingredients, Inc. (NASDAQ: MGPI - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $27.29 and traded as low as $24.41. MGP Ingredients shares last traded at $24.67, with a volume of 480,779 shares. Analysts Set New Price Targets Several
MGP Ingredients (MGPI) trades at 0.86x price-to-book (ex-goodwill), below net tangible asset value, despite a fortress balance sheet and positive cash flow. The market is pricing MGPI for permanent decline due to a cyclical brown goods inventory glut, but industry discipline and contract stability suggest recovery by 2026–2027. Three growth engines—Penelope Bourbon, El Mayor Tequila, and Ingredient Solutions—are accelerating, with premiumization trends and specialty ingredients offering significant upside.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, announced that following over 15 years of distinguished service, Karen Seaberg retired from the company's Board of Directors, effective December 14, 2025. Julie Francis, president and chief executive officer, has been appointed to serve as a director on the company's Board, effective December 15, 2025. “Karen's contributions to MGP span decades.
Federated Hermes Inc. lifted its stake in shares of MGP Ingredients, Inc. (NASDAQ: MGPI) by 183.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 743,214 shares of the company's stock after purchasing an additional 480,885 shares during the period. Federated Hermes
Ariel Investments LLC grew its holdings in shares of MGP Ingredients, Inc. (NASDAQ: MGPI) by 14.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 719,144 shares of the company's stock after buying an additional 93,086 shares during the quarter.
Anheuser-Busch InBev SA/NV (NYSE: BUD - Get Free Report) and MGP Ingredients (NASDAQ: MGPI - Get Free Report) are both consumer staples companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, dividends, valuation and analyst recommendations. Profitability This table compares Anheuser-Busch InBev
Campbell and CO Investment Adviser LLC lessened its position in MGP Ingredients, Inc. (NASDAQ: MGPI) by 70.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,511 shares of the company's stock after selling 22,495 shares during the
Shares of MGP Ingredients, Inc. (NASDAQ: MGPI - Get Free Report) have received an average rating of "Moderate Buy" from the six research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating
MGP Ingredients faces significant revenue and profit declines due to shifting consumer preferences and industry overcapacity. Despite attractive valuation multiples, MGPI's sales dropped across all segments, with the Distilling Solutions segment hit hardest by falling whiskey demand. Management's cost controls and strategic review offer some hope, but long-term demand uncertainty persists, especially with Gen Z drinking less alcohol.