Kestra Investment Management LLC Sells 9,236 Shares of Cal-Maine Foods, Inc. $CALM

Posted by Brenda Bartman on May 27th, 2026

Kestra Investment Management LLC lessened its stake in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) by 29.3% in the 4th quarter, Holdings Channel reports. The firm owned 22,336 shares of the basic materials company’s stock after selling 9,236 shares during the period. Kestra Investment Management LLC’s holdings in Cal-Maine Foods were worth $1,777,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Cal-Maine Foods by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,052,171 shares of the basic materials company’s stock valued at $193,118,000 after purchasing an additional 39,669 shares during the last quarter. State Street Corp boosted its holdings in shares of Cal-Maine Foods by 6.8% during the 2nd quarter. State Street Corp now owns 1,716,731 shares of the basic materials company’s stock valued at $171,038,000 after purchasing an additional 108,578 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Cal-Maine Foods by 3.5% during the 3rd quarter. American Century Companies Inc. now owns 1,618,491 shares of the basic materials company’s stock valued at $152,300,000 after purchasing an additional 54,757 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Cal-Maine Foods by 8.4% during the 3rd quarter. Northern Trust Corp now owns 900,466 shares of the basic materials company’s stock valued at $84,734,000 after purchasing an additional 70,063 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Cal-Maine Foods by 6.6% during the 2nd quarter. Bank of America Corp DE now owns 705,671 shares of the basic materials company’s stock valued at $70,306,000 after purchasing an additional 43,414 shares during the last quarter. Institutional investors own 84.67% of the company’s stock.

Cal-Maine Foods Trading Down 1.3%

Shares of NASDAQ:CALM opened at $76.00 on Wednesday. Cal-Maine Foods, Inc. has a 12 month low of $71.92 and a 12 month high of $126.40. The company has a 50-day moving average price of $77.89 and a 200 day moving average price of $81.71. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 5.30 and a beta of 0.28.

Cal-Maine Foods (NASDAQ:CALM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 1st. The basic materials company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.17. Cal-Maine Foods had a net margin of 20.07% and a return on equity of 26.05%. The firm had revenue of $666.95 million during the quarter, compared to the consensus estimate of $655.82 million. During the same quarter last year, the firm earned $10.39 EPS. The firm’s revenue for the quarter was down 53.0% compared to the same quarter last year.

Cal-Maine Foods Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Wednesday, April 29th were issued a $0.36 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.9%. Cal-Maine Foods’s dividend payout ratio (DPR) is presently 9.97%.

Wall Street Analysts Forecast Growth

CALM has been the subject of several research reports. BMO Capital Markets dropped their price objective on shares of Cal-Maine Foods from $85.00 to $80.00 and set a “market perform” rating for the company in a report on Wednesday, March 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Cal-Maine Foods in a report on Friday, March 27th. Royal Bank Of Canada set a $100.00 price objective on shares of Cal-Maine Foods in a report on Tuesday. Stephens increased their price objective on shares of Cal-Maine Foods from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. Finally, Benchmark reissued a “buy” rating on shares of Cal-Maine Foods in a report on Tuesday. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Cal-Maine Foods presently has a consensus rating of “Hold” and a consensus price target of $94.17.

Get Our Latest Stock Report on CALM

Cal-Maine Foods Profile

(Free Report)

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States.