SCHEDULE: American Century Reports Stake in Oil-Dri

American Century Investment Management, Inc. and its affiliates have reported beneficial ownership of 5.2% of Oil-Dri Corporation of America's common stock as of June 30, 2026.

Summary

• American Century Investment Management, Inc., along with American Century Companies, Inc. and Stowers Institute for Medical Research, has filed a Schedule 13G.
• This filing indicates beneficial ownership of 527,872 shares of Oil-Dri Corporation of America's common stock.
• This ownership represents 5.2% of the class of securities.
• The reporting persons have sole voting and dispositive power over these shares.
• The filing date is August 14, 2026, with the event date requiring the filing being June 30, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership without disclosing new financial performance or strategic shifts.

Positives

• The filing clearly states the beneficial ownership percentage, providing transparency to the market.
• The reporting entities are established financial institutions, suggesting a potentially stable investment.

Negatives

• The filing does not provide any information on the company's financial performance or strategic direction.
• The nature of the investment (e.g., long-term, short-term) is not detailed.

Risks

• The filing does not contain any specific risks related to Oil-Dri Corporation of America's operations or market position.
• The primary risk is the inherent market risk associated with any equity investment, which is not detailed further in this filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding future performance.

Management Comments

• "Various persons, including the investment companies and separate institutional investor accounts that American Century Investment Management, Inc. ('ACIM') serves as investment adviser, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that are the subject of this schedule."
• "Except as may be otherwise indicated if this is a joint filing, not more than 5% of the class of securities that is the subject of this schedule is owned by any one client advised by ACIM."
• "American Century Investment Management, Inc. ('ACIM') is a wholly-owned subsidiary of ACC and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by American Century Investment Management and its affiliates indicates a significant institutional investment in Oil-Dri Corporation of America, crossing the 5% beneficial ownership threshold. This level of ownership by a major investment manager often signals confidence in the company's underlying value or potential, though the filing itself does not elaborate on the investment thesis.

Comparison to Industry Standards

• This filing is a standard Schedule 13G, which is used by institutional investors to report beneficial ownership of more than 5% of a class of a company's securities. The reporting of 5.2% is a common threshold for such filings.
• The structure of the reporting entities (Investment Manager, Parent Holding Company, and ultimate controlling entity) is typical for large asset management firms and their affiliated foundations or research institutes.

Stakeholder Impact

• Shareholders: Increased institutional ownership may lead to greater market liquidity and potentially more stable share price performance, but also indicates a significant block holder whose future actions could influence the market.
• Management: The increased institutional interest may bring additional scrutiny and engagement from American Century regarding corporate strategy and performance.
• Creditors: No direct impact is indicated by this filing.

Next Steps

• Continue to monitor future filings from American Century Investment Management and its affiliates for any changes in beneficial ownership.
• Observe Oil-Dri Corporation of America's subsequent financial reports and strategic announcements for context regarding this investment.

Key Dates

Keywords

Oil-Dri Corporation of America, Schedule 13G, Beneficial Ownership, American Century Investment Management, American Century Companies, Stowers Institute for Medical Research, Common Stock, Investment Management