Exploring Horizon Bancorp, Inc. (HBNC) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the major players are behind Horizon Bancorp, Inc. (HBNC), and what drives their investment decisions? As of December 31, 2024, institutional investors held 71.27% of HBNC's shares, revealing significant institutional interest in the company. Let's delve into the details of HBNC's investor profile, exploring who's buying, selling, and holding onto this regional bank's stock, and the factors influencing their strategies. Understanding these dynamics can provide valuable insights into the overall health and future prospects of Horizon Bancorp. In 2024, Horizon Bancorp's revenue was $186.19 million, an increase of 1.91% compared to the previous year's $182.69 million. Earnings were $35.43 million, an increase of 26.62%.

Horizon Bancorp, Inc. (HBNC) Who Invests in Horizon Bancorp, Inc. (HBNC) and Why?

Understanding the investor profile of Horizon Bancorp, Inc. (HBNC) provides valuable insights into the company's stock performance and strategic direction. A diverse range of investors, each with their own motivations and strategies, shapes the ownership structure of HBNC.

Key Investor Types

The ownership of Horizon Bancorp (HBNC) stock is distributed among institutional, retail, and individual investors.

• Institutional Investors: Dominate the ownership structure. As of January 30, 2025, institutional investors hold a substantial 69% stake in Horizon Bancorp, Inc. This indicates that these entities have significant influence over the company's share price. As of April 11, 2025, institutional ownership stands at 88.23%. Top institutional holders include BlackRock, Inc. and Dimensional Fund Advisors LP.
• Retail Investors: Hold a smaller portion of the company's shares. Retail investors own 15.11% of Horizon Bancorp (HBNC).
• Company Insiders: Company insiders also hold a portion of the shares. Horizon Bancorp insiders own 15.62% of the company.

Investment Motivations

Different factors attract investors to Horizon Bancorp, Inc. (HBNC). These include:

• Growth Prospects: Institutions often invest in companies they believe will grow. Horizon Bancorp's strategic initiatives and market positioning in the Midwest may signal growth potential.
• Dividend Yield: Horizon Bancorp's dividend yield is an attractive feature for investors seeking regular income. The company is expected to pay a dividend of $0.64 for the next 12 months, which corresponds to a dividend yield of approximately 4.79%. As of April 10, 2025, the dividend yield (TTM) is 4.62%.
• Market Position: As one of the largest independent bank holding companies headquartered in Indiana or Michigan, Horizon Bancorp serves diverse and economically attractive Midwestern markets. The company had assets of $7.8 billion as of April 1, 2025.

Investment Strategies

Investors in Horizon Bancorp, Inc. (HBNC) may employ various strategies, such as:

• Long-Term Holding: Given the significant institutional ownership, many investors likely adopt a long-term holding strategy, influenced by the company's stability and dividend payouts.
• Value Investing: Some investors may be attracted to Horizon Bancorp if they perceive the stock as undervalued, focusing on its assets, earnings, and growth potential relative to its stock price.

Here is a summary of Horizon Bancorp, Inc.'s ownership information:

Recent ownership activity shows the following:

• Total Positions: 381 holders with 144,510,915 shares
• New Positions: 52 holders with 4,335,903 shares
• Increased Positions: 138 holders with 16,021,310 shares
• Decreased Positions: 123 holders with -5,513,640 shares
• Soldout Positions: 32 holders with -973,947 shares
• Net Change: 14,843,573 shares

Understanding these ownership dynamics helps stakeholders gauge market sentiment and potential stock performance. For more insights into Horizon Bancorp, Inc.'s mission, vision, and core values, visit: Mission Statement, Vision, & Core Values of Horizon Bancorp, Inc. (HBNC).

Horizon Bancorp, Inc. (HBNC) Institutional Ownership and Major Shareholders of Horizon Bancorp, Inc. (HBNC)

Institutional investors hold a significant portion of Horizon Bancorp, Inc. (HBNC), indicating their substantial influence on the company's stock price and strategic direction. As of recent filings, institutions hold approximately 69% to 71.67% of the company's shares.

Here's a breakdown of the top institutional investors and their holdings:

• BlackRock, Inc.: Holds approximately 13.65% of the shares, amounting to 6,008,414 shares valued at $79.85 million.
• Dimensional Fund Advisors LP: Holds around 5.60% of the shares, which is about 2,464,189 shares valued at $32.75 million.
• Vanguard Group Inc: Possesses approximately 5.57% of the shares, totaling 2,452,279 shares with a value of $32.59 million.
• Sapient Capital LLC: Owns about 4.73% of the shares, equating to 2,079,992 shares worth $27.64 million.
• PL Capital Advisors, LLC: Holds roughly 3.37% of the shares, representing 1,483,174 shares valued at $19.71 million.
• State Street Corp: Controls approximately 2.86% of the shares, with 1,258,234 shares valued at $16.72 million.
• Geode Capital Management, Llc: Holds around 2.40% of the shares, which is about 1,055,922 shares valued at $14.03 million.
• Manufacturers Life Insurance Company, The : Holds approximately 2.03% of the shares, amounting to 892,161 shares valued at $11.86 million.

In addition to institutional ownership, insiders also hold a notable percentage of the company's shares. For instance, Nathan Salin Family Irrevocable Trust 1. William is the largest individual shareholder, owning 3,251,420 shares, which represents about 7.39% of the company, valued at approximately $43.21 million. Craig M. Dwight, likely a company insider, holds 904,524 shares, representing about 2.06% of the company, valued at approximately $12.02 million.

Institutional investors' actions, such as buying or selling large blocks of shares, can significantly influence the stock price. An increase in earnings estimates can lead to a higher fair value, prompting institutional investors to buy, which in turn pushes the stock price up. Conversely, a decrease in earnings estimates can lead to selling pressure and a decline in the stock price.

Recent news indicates a 'Strong Buy' rating for Horizon Bancorp, Inc. (HBNC) due to upward revisions in earnings estimates. The consensus estimate for the fiscal year ending December 2025 is $1.78 per share, a 26.2% year-over-year change. Over the past three months, the Zacks Consensus Estimate has increased by 6.8%, reflecting a positive outlook on the company's earnings potential.

Changes in leadership can also impact investor confidence. The upcoming retirement of Craig Dwight as Chairman, effective May 1, 2025, and the election of Eric Blackhurst as Independent Chairperson, are significant leadership changes. The addition of Larry Magnesen to the Board of Directors, bringing over 20 years of experience from Fifth Third Bank, further strengthens the board.

Horizon Bancorp, Inc. (HBNC) has a diversified ownership structure, with a mix of institutional, insider, and retail investors. The significant institutional ownership suggests that the company's stock price is sensitive to their trading activities. Monitoring these ownership changes and understanding the factors driving institutional investment decisions can provide valuable insights for investors.

The stock's performance can be tracked using various metrics. As of April 21, 2025, the stock price was $13.49. The 52-week high is $19.18, and the 52-week low is $11.36. The company also announced that it will host a conference call on April 24 to review the first quarter results.

For further insights into the financial health of Horizon Bancorp, Inc. (HBNC), consider exploring this resource: Breaking Down Horizon Bancorp, Inc. (HBNC) Financial Health: Key Insights for Investors

Horizon Bancorp, Inc. (HBNC) Key Investors and Their Impact on Horizon Bancorp, Inc. (HBNC)

Understanding the investor profile of Horizon Bancorp, Inc. (HBNC) provides valuable insights into the company's stability, growth potential, and market sentiment. Key investors can significantly influence company decisions and stock performance through their holdings and strategic moves.

While specific details on all major investors and their recent moves might fluctuate and require real-time monitoring from financial data providers, we can discuss the types of investors typically found in a company like Horizon Bancorp, Inc. (HBNC) and their potential impact.

Institutional investors often hold significant stakes in publicly traded companies like Horizon Bancorp, Inc. (HBNC). These may include:

• Mutual Funds: Large mutual fund companies often invest in a broad range of stocks, including regional banks.
• Pension Funds: These funds invest on behalf of retirees and often hold stocks for the long term.
• Hedge Funds: Some hedge funds may take positions in Horizon Bancorp, Inc. (HBNC), seeking short-term gains or to influence company strategy.
• Investment Banks: Investment banks may hold shares as part of their trading or investment activities.

These institutional investors can exert considerable influence through:

• Voting Rights: Large shareholders have a greater say in corporate governance matters, such as electing board members and approving major transactions.
• Market Sentiment: Institutional buying or selling can significantly impact the stock price, influencing market sentiment.
• Activism: Some institutional investors may engage in shareholder activism, pushing for changes in company strategy or management.

Recent moves by major investors, such as increasing or decreasing their positions, can signal their confidence (or lack thereof) in the company's future prospects. Monitoring these activities through regulatory filings (like 13F filings in the United States) provides valuable clues.

Individuals, including company insiders (executives and board members), also invest in Horizon Bancorp, Inc. (HBNC). Insider transactions are closely watched as they can provide insights into the company's performance and future expectations. For example, significant purchases by insiders may indicate strong confidence in the company's prospects, while large sales might raise concerns.

Here's a hypothetical example of how institutional ownership might break down (note: this is for illustrative purposes only and does not reflect actual ownership data):

Keeping an eye on investor profiles and their activities can be a critical component of a comprehensive investment strategy in Horizon Bancorp, Inc. (HBNC). For further insights into the financial health of the company, consider exploring: Breaking Down Horizon Bancorp, Inc. (HBNC) Financial Health: Key Insights for Investors

Horizon Bancorp, Inc. (HBNC) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating Horizon Bancorp, Inc. (HBNC). Changes in major shareholders' positions and overall market dynamics significantly influence the stock's performance and investor confidence. Analyzing these factors provides insights into the potential future trajectory of HBNC.

Investor sentiment toward Horizon Bancorp, Inc. (HBNC) can be gauged by observing the behavior of its major shareholders. Recent transactions, such as increases or decreases in holdings, often reflect the prevailing sentiment. For instance, a significant purchase by a large institutional investor might signal a positive outlook, while a substantial sell-off could indicate concerns about the company's prospects.

Recent market reactions to changes in ownership or large investor moves provide valuable insights into how the stock market perceives Horizon Bancorp, Inc. (HBNC). Positive reactions, such as a stock price increase following a major investment announcement, suggest confidence in the company's direction. Conversely, negative reactions, like a price decline after a large investor reduces their stake, may indicate uncertainty or skepticism.

Analyst perspectives play a crucial role in interpreting the impact of key investors on Horizon Bancorp, Inc. (HBNC)'s future. Analysts often provide commentary on how changes in ownership structure or investor sentiment might affect the company's strategic direction, financial performance, and overall market valuation. These insights can help investors make informed decisions about their positions in HBNC.

Institutional ownership is a significant factor in assessing investor sentiment. Data on institutional holdings can reveal whether major financial institutions are increasing or decreasing their positions in Horizon Bancorp, Inc. (HBNC). A growing number of institutional investors typically indicates confidence in the company's long-term potential.

Examining insider trading activity offers another perspective on investor sentiment. Insider transactions, such as purchases or sales of stock by company executives and directors, can provide insights into their confidence in the company's future prospects. While not always indicative of overall sentiment, significant insider buying may suggest a positive outlook.

To illustrate the dynamics of investor sentiment and market reactions, consider the following hypothetical scenario:

Suppose a major institutional investor, such as a large pension fund, announces a substantial increase in its holdings of Horizon Bancorp, Inc. (HBNC) stock. This announcement could trigger a positive market reaction, leading to an increase in the stock price. Analysts might interpret this move as a sign of confidence in the company's growth prospects, citing factors such as its strong financial performance or strategic initiatives.

Conversely, if a prominent hedge fund decides to reduce its stake in Horizon Bancorp, Inc. (HBNC), the market reaction could be negative, resulting in a stock price decline. Analysts might attribute this decision to concerns about the company's ability to maintain its growth trajectory or navigate competitive pressures.

The following table summarizes key aspects of investor sentiment and market reactions related to Horizon Bancorp, Inc. (HBNC):

Understanding these dynamics is essential for investors seeking to make informed decisions about Horizon Bancorp, Inc. (HBNC). By monitoring investor sentiment, analyzing market reactions, and considering analyst perspectives, investors can gain valuable insights into the company's potential future performance.

Further insights into Horizon Bancorp, Inc. (HBNC) can be found here: Horizon Bancorp, Inc. (HBNC): History, Ownership, Mission, How It Works & Makes Money