Federated Hermes, Inc. Increases Stake in MGP Ingredients, Inc. to 5.59%

2026-04-07SEC Filing SCHEDULE 13G/A (0001623632-26-000496)

On April 7, 2026, Federated Hermes, Inc. filed a Schedule 13G/A reporting a 5.59% ownership stake in MGP Ingredients, Inc. (MGPI), representing 1,193,760 shares of common stock. The filing serves as Amendment No. 2, triggered by an event date of March 31, 2026. Federated Hermes, Inc. acts as a parent holding company for several investment advisers, including Federated Investment Counseling and Federated MDTA LLC, which manage funds holding the reported securities. The filing also includes the Voting Shares Irrevocable Trust and its trustees—Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue—who exercise collective voting control over the parent company. While Federated Hermes, Inc. reports sole voting and dispositive power over the shares, the individual trustees report shared power. All reporting entities have expressly disclaimed beneficial ownership of the securities held by the managed funds, stating the acquisition was made in the ordinary course of business and not for the purpose of influencing control of the issuer.