SCHEDULE 13G: Barrow Hanley Discloses 6.9% Stake in Hain Celestial Group
Beneficial Ownership Report
Investment adviser Barrow Hanley Mewhinney & Strauss LLC has reported a 6.9% beneficial ownership stake in Hain Celestial Group Inc., holding over 6.2 million shares as of December 31, 2024.
Summary
- Barrow Hanley Mewhinney & Strauss LLC, a Delaware-based investment adviser, has filed a Schedule 13G indicating beneficial ownership of common stock in Hain Celestial Group Inc.
- As of December 31, 2024, the reporting person beneficially owns 6,223,817 shares of Hain Celestial Group Inc. common stock.
- This ownership represents 6.9% of the class of securities.
- Barrow Hanley Mewhinney & Strauss LLC holds sole voting power and sole dispositive power over all 6,223,817 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, indicating a neutral sentiment as it does not contain performance data, strategic changes, or forward-looking statements from the issuer.
Future Outlook
NA
Industry Context
This filing is a standard disclosure by an investment adviser indicating a significant passive stake in a publicly traded company within the consumer packaged goods industry, represented by Hain Celestial Group. It reflects a portfolio allocation decision rather than a strategic industry move.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming a large passive holding by Barrow Hanley Mewhinney & Strauss LLC.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end date). |
| 02/13/2025 | Date of filing and signature by Hannah Ackels, CCO. |
Keywords
Hain Celestial Group, Barrow Hanley Mewhinney & Strauss, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Equity Stake
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