RingCentral Set to Join S&P SmallCap 600

Rhea-AI Summary

RingCentral (NYSE: RNG) will replace Hillenbrand (NYSE: HI) in the S&P SmallCap 600 effective before market open on Feb 12, 2026. Lone Star Funds is acquiring Hillenbrand, with the transaction expected to close soon pending final closing conditions. The index change shifts RingCentral into the Information Technology sector and removes Hillenbrand from Industrials.

Positive

• RingCentral (RNG) added to S&P SmallCap 600 effective Feb 12, 2026
• Index inclusion may increase passive investor demand for RingCentral shares

Negative

• Hillenbrand (HI) removed from S&P SmallCap 600 effective Feb 12, 2026
• Hillenbrand pending acquisition by Lone Star Funds, subject to closing conditions

News Market Reaction – SPGI

-9.71%

71 alerts

-9.71% News Effect

-15.2% Trough in 1 hr 22 min

-$14.46B Valuation Impact

$134.50B Market Cap

0.1x Rel. Volume

On the day this news was published, SPGI declined 9.71%, reflecting a notable negative market reaction. Argus tracked a trough of -15.2% from its starting point during tracking. Our momentum scanner triggered 71 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $14.46B from the company's valuation, bringing the market cap to $134.50B at that time.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Feb. 9, 2026 /PRNewswire/ -- RingCentral Inc. (NYSE: RNG) will replace Hillenbrand Inc. (NYSE: HI) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, February 12. Lone Star Funds is acquiring Hillenbrand in a deal expected to be completed soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name		Action	Company Name	Ticker	GICS Sector
Feb 12, 2026	S&P SmallCap 600	Addition		RingCentral	RNG	Information Technology
Feb 12, 2026	S&P SmallCap 600	Deletion		Hillenbrand	HI	Industrials

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View original content:https://www.prnewswire.com/news-releases/ringcentral-set-to-join-sp-smallcap-600-302683089.html

SOURCE S&P Dow Jones Indices

FAQ

When will RingCentral (RNG) join the S&P SmallCap 600 index?

RingCentral will be added to the S&P SmallCap 600 before trading opens on Feb 12, 2026. According to S&P Dow Jones Indices, the effective date is set to align with the index rebalance and public trading hours.

Why is Hillenbrand (HI) being removed from the S&P SmallCap 600 on Feb 12, 2026?

Hillenbrand is being deleted due to an acquisition by Lone Star Funds expected to close soon. According to S&P Dow Jones Indices, the pending transaction removes Hillenbrand from the index effective Feb 12, 2026.

What sector changes occur when RingCentral (RNG) joins the index on Feb 12, 2026?

RingCentral joins the Information Technology sector in the S&P SmallCap 600 on Feb 12, 2026. According to S&P Dow Jones Indices, Hillenbrand’s deletion corresponds with an Industrials sector removal.

How might the Feb 12, 2026 index change affect RingCentral (RNG) shareholders?

Index inclusion can increase demand from passive funds and ETFs tracking the S&P SmallCap 600. According to S&P Dow Jones Indices, additions typically prompt rebalancing flows into the added stock around the effective date.

Is the Hillenbrand (HI) acquisition by Lone Star Funds finalized before the Feb 12, 2026 index change?

The acquisition is expected to be completed soon but remains subject to final closing conditions. According to the announcement, the transaction had not been finalized at the time the index change was scheduled.