33,697 Shares in Horizon Bancorp (IN) $HBNC Bought by Ieq Capital LLC

Posted by Brian Himes on Aug 29th, 2026

Ieq Capital LLC acquired a new stake in Horizon Bancorp (IN) (NASDAQ:HBNC – Free Report) during the second quarter, Holdings Channel.com reports. The fund acquired 33,697 shares of the financial services provider’s stock, valued at approximately $673,000.

A number of other large investors have also recently made changes to their positions in HBNC. Allworth Financial LP bought a new stake in shares of Horizon Bancorp (IN) during the second quarter worth about $31,000. EverSource Wealth Advisors LLC lifted its position in Horizon Bancorp (IN) by 65.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,666 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 660 shares in the last quarter. Royal Bank of Canada boosted its stake in Horizon Bancorp (IN) by 93.5% during the 1st quarter. Royal Bank of Canada now owns 2,873 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 1,388 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Horizon Bancorp (IN) by 160.2% during the second quarter. Tower Research Capital LLC TRC now owns 6,536 shares of the financial services provider’s stock worth $101,000 after buying an additional 4,024 shares in the last quarter. Finally, Rossby Financial LCC bought a new stake in shares of Horizon Bancorp (IN) in the 4th quarter worth $124,000. 64.51% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Kathie A. Deruiter sold 8,000 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $20.19, for a total value of $161,520.00. Following the transaction, the executive vice president directly owned 50,346 shares in the company, valued at $1,016,485.74. The trade was a 13.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.19% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Weiss Ratings lowered Horizon Bancorp (IN) from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, August 20th. Piper Sandler restated a “neutral” rating and set a $23.00 target price (up from $21.00) on shares of Horizon Bancorp (IN) in a research report on Friday, July 24th. Keefe, Bruyette & Woods raised their price objective on shares of Horizon Bancorp (IN) from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Stephens restated an “overweight” rating and set a $21.00 target price on shares of Horizon Bancorp (IN) in a research report on Wednesday, July 1st. Finally, Wall Street Zen upgraded shares of Horizon Bancorp (IN) from a “hold” rating to a “buy” rating in a research report on Sunday, August 16th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $22.33.

View Our Latest Stock Report on HBNC

Horizon Bancorp (IN) Trading Up 0.2%

NASDAQ HBNC opened at $19.56 on Friday. The stock has a market cap of $1.00 billion, a P/E ratio of -6.19 and a beta of 0.82. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.21. Horizon Bancorp has a 12 month low of $14.97 and a 12 month high of $21.04. The stock’s fifty day moving average price is $20.07 and its 200-day moving average price is $18.52.

Horizon Bancorp (IN) (NASDAQ:HBNC – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Horizon Bancorp (IN) had a negative net margin of 36.38% and a positive return on equity of 13.31%. The company had revenue of $75.50 million for the quarter, compared to analysts’ expectations of $76.56 million. As a group, equities analysts forecast that Horizon Bancorp will post 2.07 EPS for the current fiscal year.

Horizon Bancorp (IN) Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Friday, July 3rd were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Thursday, July 2nd. Horizon Bancorp (IN)’s dividend payout ratio is presently -20.25%.

Horizon Bancorp (IN) Company Profile

(Free Report)

Horizon Bancorp (NASDAQ: HBNC) is a financial holding company headquartered in Columbus, Indiana, offering community banking and wealth management services through its subsidiary, Horizon Bank. As a locally focused institution, it provides a full range of retail and commercial banking products, including checking and savings accounts, consumer and mortgage lending, commercial real estate financing, and treasury management solutions.

In addition to traditional deposit and loan products, Horizon Bancorp’s services encompass investment advisory and trust administration, retirement planning, and insurance products.