Vanguard Group Inc. Acquires 176,448 Shares of Horizon Bancorp (IN) $HBNC

Posted by Brenda Bartman on May 16th, 2026

Vanguard Group Inc. boosted its holdings in shares of Horizon Bancorp (IN) (NASDAQ:HBNC – Free Report) by 5.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,189,417 shares of the financial services provider’s stock after purchasing an additional 176,448 shares during the quarter. Vanguard Group Inc. owned approximately 0.06% of Horizon Bancorp (IN) worth $54,093,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Horizon Bancorp (IN) by 10.5% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 130,667 shares of the financial services provider’s stock valued at $2,216,000 after purchasing an additional 12,443 shares during the period. CWM LLC boosted its stake in Horizon Bancorp (IN) by 14.6% during the 4th quarter. CWM LLC now owns 30,167 shares of the financial services provider’s stock valued at $512,000 after purchasing an additional 3,853 shares during the period. Deprince Race & Zollo Inc. boosted its stake in Horizon Bancorp (IN) by 36.8% during the 4th quarter. Deprince Race & Zollo Inc. now owns 152,100 shares of the financial services provider’s stock valued at $2,580,000 after purchasing an additional 40,913 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Horizon Bancorp (IN) during the 4th quarter valued at approximately $609,000. Finally, Wedge Capital Management L L P NC boosted its stake in Horizon Bancorp (IN) by 2.4% during the 4th quarter. Wedge Capital Management L L P NC now owns 50,097 shares of the financial services provider’s stock valued at $850,000 after purchasing an additional 1,193 shares during the period. Institutional investors own 64.51% of the company’s stock.

Horizon Bancorp (IN) Price Performance

Shares of HBNC stock opened at $17.60 on Friday. The stock has a 50 day moving average of $17.14 and a two-hundred day moving average of $17.19. The company has a current ratio of 0.91, a quick ratio of 0.94 and a debt-to-equity ratio of 0.22. Horizon Bancorp has a 12 month low of $14.34 and a 12 month high of $19.07. The company has a market capitalization of $903.41 million, a P/E ratio of -5.53 and a beta of 0.83.

Horizon Bancorp (IN) (NASDAQ:HBNC – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. Horizon Bancorp (IN) had a positive return on equity of 12.41% and a negative net margin of 37.28%.The company had revenue of $73.48 million during the quarter, compared to the consensus estimate of $76.11 million. As a group, equities analysts expect that Horizon Bancorp will post 2.1 EPS for the current year.

Horizon Bancorp (IN) Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Friday, April 3rd were given a $0.16 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.6%. Horizon Bancorp (IN)’s dividend payout ratio (DPR) is currently -20.13%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Keefe, Bruyette & Woods increased their target price on Horizon Bancorp (IN) from $19.00 to $21.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Wall Street Zen upgraded Horizon Bancorp (IN) from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Zacks Research upgraded Horizon Bancorp (IN) from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Piper Sandler reiterated a “neutral” rating and issued a $21.00 price objective (down from $22.00) on shares of Horizon Bancorp (IN) in a research report on Monday, April 27th. Finally, Weiss Ratings upgraded Horizon Bancorp (IN) from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Horizon Bancorp (IN) currently has a consensus rating of “Hold” and a consensus price target of $20.67.

Read Our Latest Stock Analysis on HBNC

Horizon Bancorp (IN) 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.