SCHEDULE: First Trust Entities Disclose 0.46% Stake in Andersons

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly reported a passive beneficial ownership of 0.46% in The Andersons, Inc. common stock.

Summary

• First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly filed an Amendment No. 1 to Schedule 13G.
• The filing reports beneficial ownership of 156,671 common shares of The Andersons, Inc. as of September 30, 2025.
• This aggregate amount represents 0.46% of the class of The Andersons, Inc. common securities.
• The ownership is held in the ordinary course of business and is not for the purpose of changing or influencing control of the issuer.
• First Trust Portfolios L.P. acts as sponsor of certain unit investment trusts (UITs) which hold shares, reporting 51,188 shares with shared dispositive power.
• First Trust Advisors L.P. acts as portfolio supervisor for these UITs and as investment advisor/sub-advisor for other investment vehicles, reporting 105,483 shares with shared voting power and 156,671 shares with shared dispositive power.
• The Charger Corporation, as the General Partner of both First Trust Portfolios L.P. and First Trust Advisors L.P., also reports 105,483 shares with shared voting power and 156,671 shares with shared dispositive power.
• The reporting persons explicitly disclaim beneficial ownership of the shares identified in this filing.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a routine disclosure of beneficial ownership and typically carries a neutral sentiment, indicating a passive investment without intent to influence control.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by institutional investors and does not provide broader industry analysis or context.

Comparison to Industry Standards

• NA

Related Party Transactions

• First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation are related entities filing jointly. The Charger Corporation is the General Partner of both First Trust Portfolios L.P. and First Trust Advisors L.P.

Stakeholder Impact

• Minimal impact on shareholders as the filing indicates a passive investment below the 5% threshold, not intended to influence control.
• No direct impact on employees, customers, suppliers, or creditors of The Andersons, Inc. is indicated by this ownership disclosure.

Key Dates

Keywords

The Andersons Inc, First Trust Portfolios, First Trust Advisors, The Charger Corporation, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, Passive Investment