Horizon Investments LLC Purchases New Stake in The Andersons, Inc. $ANDE

Horizon Investments LLC purchased a new stake in shares of The Andersons, Inc. (NASDAQ:ANDE) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 15,655 shares of the basic materials company’s stock, valued at approximately $829,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Invesco Ltd. raised its position in shares of Andersons by 1.8% during the 3rd quarter. Invesco Ltd. now owns 509,820 shares of the basic materials company’s stock valued at $20,296,000 after acquiring an additional 9,245 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Andersons by 2.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 506,222 shares of the basic materials company’s stock worth $20,153,000 after buying an additional 10,698 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Andersons by 162.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 438,219 shares of the basic materials company’s stock worth $17,445,000 after buying an additional 271,451 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in Andersons by 36.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 373,196 shares of the basic materials company’s stock worth $14,857,000 after buying an additional 99,819 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in Andersons by 2.4% during the 3rd quarter. Bridgeway Capital Management LLC now owns 287,611 shares of the basic materials company’s stock worth $11,450,000 after buying an additional 6,759 shares during the last quarter. 87.06% of the stock is owned by institutional investors and hedge funds.

Andersons News Roundup

Here are the key news stories impacting Andersons this week:

• Positive Sentiment: Q1 earnings beat and strong adjusted results: ANDE reported adjusted EPS of $1.12 (well above the $0.70 consensus) and adjusted EBITDA strength, supporting near?term profitability expectations. Read More.
• Positive Sentiment: Renewables segment driving momentum: record first?quarter production and pretax income from Renewables (ethanol/distillers grains) were highlighted as a key profit driver. Read More.
• Positive Sentiment: Analyst upgrade/price?target lift: Benchmark raised its price target to $90 and reiterated a Buy, creating visible upside in sell?side sentiment. Read More.
• Neutral Sentiment: Management reiterated long?range goals but increased near?term investment: the company reaffirmed a $7 EPS goal for end?2028 while guiding to roughly $225M of 2026 capex — supportive for long?term upside but adds short?term cash needs. Read More.
• Neutral Sentiment: Revenue slightly missed estimates and was down year?over?year, and the full call transcript provides detail for investors on hedging, segment trends and margin assumptions. Read More.
• Negative Sentiment: Insider selling: Director Patrick E. Bowe executed a Rule 10b5?1 sale of 16,466 shares (May 5), materially trimming his stake; repeated insider sales can weigh on sentiment even when pre?arranged. Read More.
• Negative Sentiment: Liquidity and cash?flow pressure flagged by third?party summaries: cash balances were down substantially YoY, operating cash flow showed drawdowns, and higher liabilities could increase financing risk as capex ramps. Read More.

Insiders Place Their Bets

In related news, Director Patrick E. Bowe sold 19,100 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $78.31, for a total transaction of $1,495,721.00. Following the completion of the transaction, the director owned 94,875 shares of the company’s stock, valued at $7,429,661.25. This trade represents a 16.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John T. Stout, Jr. sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $70.30, for a total value of $175,750.00. Following the transaction, the director directly owned 23,441 shares of the company’s stock, valued at $1,647,902.30. This represents a 9.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 95,765 shares of company stock worth $7,205,438. 4.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ANDE. Weiss Ratings restated a “hold (c)” rating on shares of Andersons in a research note on Monday, April 20th. Wall Street Zen downgraded Andersons from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. BMO Capital Markets upped their price objective on Andersons from $65.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. Finally, Benchmark upped their price objective on Andersons from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Andersons presently has an average rating of “Moderate Buy” and a consensus target price of $82.50.

Andersons Trading Up 3.8%

NASDAQ:ANDE opened at $70.81 on Friday. The Andersons, Inc. has a 1 year low of $31.53 and a 1 year high of $82.11. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 18.83 and a beta of 0.69. The business has a fifty day moving average of $71.26 and a 200-day moving average of $60.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.60 and a current ratio of 1.37.

Andersons (NASDAQ:ANDE) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.42. Andersons had a return on equity of 10.68% and a net margin of 1.17%.The company had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter in the prior year, the business posted $0.12 earnings per share. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year.

Andersons Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 1st were paid a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. Andersons’s dividend payout ratio is presently 21.28%.

Andersons Company Profile

The Andersons, Inc operates as a diversified agriculture company offering a broad range of products and services to farmers, retailers and industrial customers. Through its Grain Group, the company purchases, stores, merchandises and transports corn, soybeans and other commodities, while its Renewables Group produces ethanol and distillers grains at multiple plants in the U.S. The Rail Group provides locomotive leasing, railcar repair and related maintenance services, and the Horticulture Group supplies turf, specialty and horticultural products to landscaping professionals and consumer lawn and garden retailers.

Founded in 1947 and headquartered in Maumee, Ohio, The Andersons has grown from a regional grain elevator operator into an integrated agribusiness platform.