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

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 Stock Down 0.4%

MGPI stock opened at $24.33 on Friday. The company’s 50 day simple moving average is $26.64 and its 200-day simple moving average is $28.85. The firm has a market capitalization of $517.99 million, a PE ratio of -78.48 and a beta of 0.37. MGP Ingredients, Inc. has a 12 month low of $23.28 and a 12 month high of $59.65. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.91 and a quick ratio of 0.79.

MGP Ingredients (NASDAQ:MGPIGet Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.64 by $0.33. MGP Ingredients had a negative net margin of 1.08% and a positive return on equity of 10.66%. The business had revenue of $145.49 million for the quarter, compared to analyst estimates of $138.70 million. During the same period in the prior year, the business earned $1.71 earnings per share. The company’s quarterly revenue was down 23.7% on a year-over-year basis. MGP Ingredients has set its FY 2025 guidance at 2.450-2.750 EPS. Equities analysts expect that MGP Ingredients, Inc. will post 5.56 earnings per share for the current fiscal 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. The ex-dividend date was Friday, August 15th. This represents a $0.48 annualized dividend and a dividend yield of 2.0%. MGP Ingredients’s dividend payout ratio is currently -154.84%.

Hedge Funds Weigh In On MGP Ingredients

Hedge funds have recently made changes to their positions in the stock. 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 valued at $26,000 after purchasing an additional 690 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of MGP Ingredients in the 1st quarter valued at $779,000. Deutsche Bank AG boosted its holdings in shares of MGP Ingredients by 1,564.2% in the 1st quarter. Deutsche Bank AG now owns 214,060 shares of the company’s stock valued at $6,289,000 after purchasing an additional 201,197 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of MGP Ingredients by 114.8% in the 1st quarter. GAMMA Investing LLC now owns 1,497 shares of the company’s stock valued at $44,000 after acquiring an additional 800 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of MGP Ingredients by 28.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 168,534 shares of the company’s stock valued at $4,952,000 after acquiring an additional 36,951 shares during the period. Institutional investors and hedge funds own 77.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MGPI. Wells Fargo & Company decreased their target price on shares of 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 restated 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $44.60.

Check Out Our Latest Stock Analysis on MGPI

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

(Get Free Report)

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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