ANDENasdaqWholesale-Farm Product Raw MaterialsFiscal year ends December 31
Andersons, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$64.24−0.69 (-1.06%)
Close on Oct 19, 2026
- Market cap
- $2.20B
- P/E (TTM)
- 12.4
- Dividend yield
- 1.22%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
89.7%
30M of 34M shares
Institutional holders
301
53 new, 36 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 25 sales
Net sold $9.92M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 5,275,450 | 15.50% | 13G (passive) amendment | Sep 30, 2024 |
| Dimensional Fund Advisors LP | 2,447,019 | 7.20% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Portfolio Management | 2,430,848 | 7.13% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 1,702,863 | 5.00% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ANDE | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,252,747 | 18.40% | $427.69M | +674,654 | 0.01% |
| Vanguard Portfolio Management LLC | 2,447,338 | 7.20% | $167.40M | +30,615 | 0.01% |
| Dimensional Fund Advisors LP | 2,355,568 | 6.93% | $161.12M | +5,195 | 0.03% |
| Invesco Ltd. | 1,639,477 | 4.83% | $112.14M | +416,388 | 0.01% |
| State Street Corp | 1,452,578 | 4.28% | $99.36M | +109,265 | 0.00% |
| Vanguard Capital Management LLC | 1,448,517 | 4.26% | $99.08M | +9,780 | 0.00% |
| Rubric Capital Management LP | 999,559 | 2.94% | $68.37M | +143,740 | 0.63% |
| Geode Capital Management, LLC | 997,841 | 2.94% | $68.26M | +158,114 | 0.00% |
| Jupiter Topco LLC | 798,215 | 2.35% | $54.61M | New | 0.02% |
| JPMorgan Chase & Co | 559,492 | 1.65% | $38.59M | +97,173 | 0.00% |
| American Century Companies Inc | 535,712 | 1.58% | $36.64M | −221,736 | 0.02% |
| Northern Trust Corp | 526,662 | 1.55% | $36.02M | −9,936 | 0.00% |
| Ameriprise Financial Inc | 518,560 | 1.53% | $35.47M | +43,272 | 0.01% |
| Victory Capital Management Inc | 503,288 | 1.48% | $34.42M | −326,347 | 0.02% |
| Charles Schwab Investment Management Inc | 468,955 | 1.38% | $32.08M | −25,069 | 0.00% |
| Jacobs Levy Equity Management, Inc | 360,238 | 1.06% | $24.64M | −83,024 | 0.09% |
| Morgan Stanley | 347,609 | 1.02% | $23.78M | +53,219 | 0.00% |
| Bank of New York Mellon Corp | 301,573 | 0.89% | $20.63M | +5,474 | 0.00% |
| Bridgeway Capital Management, LLC | 282,066 | 0.83% | $19.29M | −11,402 | 0.34% |
| Nuveen, LLC | 264,664 | 0.78% | $18.10M | +94,991 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 301 | 30M | 89.7% | 53 / 104 | 95 / 36 | 4M | 3M |
| Q1 2026 | 288 | 30M | 89.5% | 58 / 97 | 88 / 33 | 7M | 3M |
| Q4 2025 | 269 | 30M | 87.3% | 54 / 78 | 96 / 25 | 5M | 4M |
| Q3 2025 | 247 | 29M | 84.6% | 44 / 87 | 83 / 34 | 4M | 5M |
| Q2 2025 | 239 | 30M | 87.0% | 30 / 84 | 92 / 43 | 2M | 3M |
| Q1 2025 | 253 | 30M | 88.8% | 42 / 93 | 79 / 29 | 4M | 3M |
| Q4 2024 | 244 | 30M | 87.8% | 47 / 85 | 68 / 37 | 3M | 4M |
| Q3 2024 | 236 | 31M | 90.5% | 25 / 81 | 75 / 28 | 6M | 1M |
| Q2 2024 | 241 | 31M | 90.4% | 30 / 81 | 85 / 49 | 2M | 2M |
| Q1 2024 | 263 | 31M | 92.1% | 44 / 66 | 112 / 27 | 2M | 2M |
| Q4 2023 | 249 | 31M | 89.9% | 45 / 83 | 83 / 24 | 3M | 1M |
| Q3 2023 | 229 | 29M | 84.2% | 35 / 74 | 79 / 16 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ANDE | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,032,950 | 5.98% | $139.05M | 0.12% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,028,795 | 3.03% | $70.37M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 860,857 | 2.53% | $58.88M | 0.07% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 741,211 | 2.18% | $50.70M | 0.03% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 656,367 | 1.93% | $46.46M | 0.24% | Jul 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 469,993 | 1.38% | $32.15M | 0.05% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 461,841 | 1.36% | $32.60M | 0.12% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 386,836 | 1.14% | $26.46M | 0.03% | Jun 30, 2026 |
| Vanguard Consumer Staples Index Fund | 382,395 | 1.13% | $26.99M | 0.29% | May 31, 2026 |
| Fidelity Small Cap Index Fund | 366,429 | 1.08% | $25.94M | 0.08% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 310,306 | 0.91% | $21.22M | 0.13% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 290,469 | 0.85% | $19.87M | 0.25% | Jun 30, 2026 |
| Victory Sycamore Small Company Opportunity Fund | 290,000 | 0.85% | $19.84M | 0.42% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 283,895 | 0.84% | $20.09M | 0.12% | Jul 31, 2026 |
| Invesco S&P SmallCap Momentum ETF | 282,382 | 0.83% | $19.99M | 0.66% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Sarah Zibbel | EVP & Chief HR Officer | 3,526 | 0.01% | Sep 3, 2026 |
| Anne G. Rex | VP, Strategy, Planning and Dev | 22,002 | 0.06% | Jun 5, 2026 |
| William E. Krueger | President and CEO | 486,538 | 1.43% | Mar 17, 2026 |
| Brian K. Walz | VP & Treasurer | 11,913 | 0.04% | Mar 16, 2026 |
| Weston Heide | Executive VP, Agribusiness | 20,055 | 0.06% | Mar 4, 2026 |
| Mark D. Simmons | Executive VP, Renewables | 22,552 | 0.07% | Mar 4, 2026 |
| Emmanuel N. Ayuk | EVP, GC & Corp Secretary | 0 | – | Mar 4, 2026 |
| Michael T. Hoelter | VP, Corp Controller & IR | 16,936 | 0.05% | Mar 4, 2026 |
| Brian A. Valentine | EVP & Chief Financial Officer | 101,614 | 0.30% | Mar 4, 2026 |
| Christine M. Castellano | EVP, Gen Counsel & Corp Sec | 45,844 | 0.13% | May 5, 2025 |
| Joseph E. McNeely | Group President - ANI | 54,721 | 0.16% | Jan 30, 2025 |
| David R. Heppner | Director | 514 | 0.00% | Aug 26, 2026 |
| Pamela S. Hershberger | Director | 14,275 | 0.04% | Jul 27, 2026 |
| Patrick E. Bowe | Director | 74,875 | 0.22% | Jul 27, 2026 |
| Gary A. Douglas | Director | 12,474 | 0.04% | Jul 27, 2026 |
| Ross W. Manire | Director | 36,943 | 0.11% | May 8, 2026 |
| Gerard M. Anderson | Director | 360,429 | 1.06% | May 8, 2026 |
| Robert J. King Jr | Director | 54,987 | 0.16% | May 8, 2026 |
| Steven K. Campbell | Director | 10,287 | 0.03% | May 8, 2026 |
| John T. Stout Jr | Director | 31,036 | 0.09% | May 8, 2026 |
| Catherine M. Kilbane | Director | 53,444 | 0.16% | May 8, 2026 |
| Steven Oakland | Director | 2,649 | 0.01% | May 8, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Sarah Zibbel EVP & Chief HR Officer | Sep 2, 2026 | Tax withholding | −602 | $64.87 | $39.05K | 3,526 |
| Sarah Zibbel EVP & Chief HR Officer | Sep 2, 2026 | Option exercise | +1,944 | – | – | 5,470 |
| Sarah Zibbel EVP & Chief HR Officer | Sep 1, 2026 | Award | +69.68 | – | – | 4,128 |
| David R. Heppner Director | Aug 24, 2026 | Award | +37 | – | – | 514 |
| David R. Heppner Director | Aug 3, 2026 | Award | +283 | – | – | 477 |
| Patrick E. Bowe Director | Jul 22, 2026 | Sale(10b5-1 plan) | −3,534 | $80.53 | $284.59K | 74,875 |
| Gary A. Douglas Director | Jul 21, 2026 | Other | +31.98 | $77.82 | $2.49K | 12,474 |
| David R. Heppner Director | Jun 24, 2026 | Award | +194 | – | – | 194 |
| Anne G. Rex VP, Strategy, Planning and Dev | Jun 4, 2026 | Sale(10b5-1 plan) | −1,827 | $73.10 | $133.55K | 22,002 |
| Catherine M. Kilbane Director | May 7, 2026 | Award | +39.09 | – | – | 53,444 |
| Catherine M. Kilbane Director | May 7, 2026 | Option exercise | +3,376 | – | – | 53,405 |
| Steven Oakland Director | May 7, 2026 | Award | +22.9 | – | – | 2,649 |
| Steven Oakland Director | May 7, 2026 | Option exercise | +2,626 | – | – | 2,626 |
| John T. Stout Jr Director | May 7, 2026 | Option exercise | +3,376 | – | – | 26,817 |
| John T. Stout Jr Director | May 7, 2026 | Award | +39.09 | – | – | 26,856 |
| Robert J. King Jr Director | May 7, 2026 | Option exercise | +3,376 | – | – | 11,895 |
| Robert J. King Jr Director | May 7, 2026 | Award | +39.09 | – | – | 11,934 |
| Gerard M. Anderson Director | May 7, 2026 | Option exercise | +3,376 | – | – | 43,932 |
| Gerard M. Anderson Director | May 7, 2026 | Award | +39.09 | – | – | 43,972 |
| Ross W. Manire Director | May 7, 2026 | Option exercise | +3,376 | – | – | 36,943 |
| Ross W. Manire Director | May 7, 2026 | Award | +39.09 | – | – | 36,982 |
| Gary A. Douglas Director | May 7, 2026 | Award | +39.09 | – | – | 12,442 |
| Gary A. Douglas Director | May 7, 2026 | Option exercise | +3,376 | – | – | 12,403 |
| Steven K. Campbell Director | May 7, 2026 | Option exercise | +3,376 | – | – | 10,287 |
| Steven K. Campbell Director | May 7, 2026 | Award | +39.09 | – | – | 10,327 |
| Patrick E. Bowe Director | May 5, 2026 | Sale(10b5-1 plan) | −16,466 | $80.76 | $1.33M | 78,409 |
| Patrick E. Bowe Director | Apr 30, 2026 | Sale(10b5-1 plan) | −19,100 | $78.31 | $1.50M | 94,875 |
| Patrick E. Bowe Director | Apr 29, 2026 | Sale(10b5-1 plan) | −900 | $78.06 | $70.25K | 113,975 |
| Patrick E. Bowe Director | Apr 23, 2026 | Sale(10b5-1 plan) | −2,407 | $76.67 | $184.54K | 114,875 |
| Patrick E. Bowe Director | Apr 22, 2026 | Sale(10b5-1 plan) | −12,093 | $76.11 | $920.40K | 117,282 |
| Gary A. Douglas Director | Apr 21, 2026 | Other | +24.24 | $74.27 | $1.80K | 9,027 |
| Patrick E. Bowe Director | Apr 21, 2026 | Sale(10b5-1 plan) | −500 | $76.01 | $38.01K | 129,375 |
| Patrick E. Bowe Director | Apr 6, 2026 | Sale(10b5-1 plan) | −15,000 | $74.33 | $1.11M | 129,875 |
| Patrick E. Bowe Director | Mar 25, 2026 | Sale(10b5-1 plan) | −14,200 | $72.78 | $1.03M | 144,875 |
| Patrick E. Bowe Director | Mar 24, 2026 | Sale(10b5-1 plan) | −800 | $72.09 | $57.67K | 159,075 |
| John T. Stout Jr Director | Mar 17, 2026 | Sale | −2,500 | $70.30 | $175.75K | 23,441 |
| William E. Krueger President and CEO | Mar 16, 2026 | Gift | −28,600 | – | – | 414,739 |
| Patrick E. Bowe Director | Mar 16, 2026 | Sale(10b5-1 plan) | −15,000 | $70.41 | $1.06M | 159,875 |
| Brian K. Walz VP & Treasurer | Mar 12, 2026 | Sale(10b5-1 plan) | −8,975 | $70.74 | $634.89K | 11,913 |
| Anne G. Rex VP, Strategy, Planning and Dev | Mar 4, 2026 | Sale | −2,624 | $65.16 | $170.98K | 23,829 |
| Anne G. Rex VP, Strategy, Planning and Dev | Mar 4, 2026 | Sale | −0.12 | $64.99 | $8 | 23,829 |
| Brian K. Walz VP & Treasurer | Mar 2, 2026 | Option exercise | +627 | – | – | 21,533 |
| Brian K. Walz VP & Treasurer | Mar 2, 2026 | Tax withholding | −483 | $65.29 | $31.54K | 21,088 |
| Brian K. Walz VP & Treasurer | Mar 2, 2026 | Award | +37.84 | – | – | 21,571 |
| Brian K. Walz VP & Treasurer | Mar 2, 2026 | Option exercise | +402 | – | – | 20,906 |
| Brian K. Walz VP & Treasurer | Mar 2, 2026 | Option exercise | +521 | – | – | 20,504 |
| William E. Krueger President and CEO | Mar 2, 2026 | Option exercise | +9,464 | – | – | 69,673 |
| William E. Krueger President and CEO | Mar 2, 2026 | Option exercise | +4,768 | – | – | 74,441 |
| William E. Krueger President and CEO | Mar 2, 2026 | Option exercise | +6,154 | – | – | 80,595 |
| William E. Krueger President and CEO | Mar 2, 2026 | Award | +443.3 | – | – | 81,038 |
| William E. Krueger President and CEO | Mar 2, 2026 | Tax withholding | −9,239 | $65.29 | $603.21K | 71,799 |
| Sarah Zibbel EVP & Chief HR Officer | Mar 2, 2026 | Tax withholding | −487 | $65.29 | $31.80K | 4,059 |
| Sarah Zibbel EVP & Chief HR Officer | Mar 2, 2026 | Award | +23.4 | – | – | 4,546 |
| Sarah Zibbel EVP & Chief HR Officer | Mar 2, 2026 | Option exercise | +602 | – | – | 4,522 |
| Sarah Zibbel EVP & Chief HR Officer | Mar 2, 2026 | Option exercise | +758 | – | – | 3,920 |
| Patrick E. Bowe Director | Mar 2, 2026 | Award | +468.29 | – | – | 181,928 |
| Patrick E. Bowe Director | Mar 2, 2026 | Option exercise | +8,746 | – | – | 181,459 |
| Patrick E. Bowe Director | Mar 2, 2026 | Option exercise | +6,776 | – | – | 172,713 |
| Patrick E. Bowe Director | Mar 2, 2026 | Tax withholding | −7,053 | $65.29 | $460.49K | 174,875 |
| Anne G. Rex VP, Strategy, Planning and Dev | Mar 2, 2026 | Tax withholding | −463 | $65.29 | $30.23K | 26,453 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| John T. Stout Jr Former Director | Jul 22, 2026 | 2,000 | $160.00K | Jul 22, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | Jul 22, 2026 | 3,534 | $284.60K | Jul 22, 2026 | Restricted Stock Vesting |
| John T. Stout Jr Former Director | Jul 17, 2026 | 3,000 | $232.50K | Jul 17, 2026 | Restricted Stock Vesting |
| John T. Stout Jr Former Director | Jul 13, 2026 | 2,909 | $217.23K | Jul 13, 2026 | Restricted Stock Vesting |
| John T. Stout Jr Former Director | Jul 10, 2026 | 591 | $42.85K | Jul 10, 2026 | Restricted Stock Vesting |
| John T. Stout Jr Former Director | Jun 12, 2026 | 2,000 | $143.70K | Jun 12, 2026 | Restricted Stock Vesting |
| John T. Stout Jr Former Director | Jun 11, 2026 | 537 | $38.71K | Jun 11, 2026 | Restricted Stock Vesting |
| Anne G. Rex Officer | Jun 4, 2026 | 1,827 | $133.55K | Jun 4, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | May 5, 2026 | 16,466 | $1.33M | May 5, 2026 | ESPP Purchase |
| Patrick E. Bowe Director | Apr 30, 2026 | 19,100 | $1.50M | Apr 30, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | Apr 29, 2026 | 900 | $70.25K | Apr 29, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | Apr 23, 2026 | 2,407 | $184.55K | Apr 23, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | Apr 22, 2026 | 12,093 | $920.41K | Apr 22, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | Apr 21, 2026 | 500 | $38.01K | Apr 21, 2026 | Restricted Stock Vesting |
| Patrick E. Bowe Director | Apr 6, 2026 | 15,000 | $1.11M | Apr 6, 2026 | Restricted Stock Vesting |