Jupiter Asset Management Ltd. Makes New $28.86 Million Investment in Cal-Maine Foods, Inc. $CALM

Posted by Francis Steltz on May 30th, 2026

Jupiter Asset Management Ltd. bought a new position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 362,748 shares of the basic materials company’s stock, valued at approximately $28,864,000. Jupiter Asset Management Ltd. owned about 0.76% of Cal-Maine Foods as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Kingsview Wealth Management LLC bought a new stake in shares of Cal-Maine Foods during the fourth quarter worth $530,000. Royce & Associates LP grew its stake in shares of Cal-Maine Foods by 2.0% during the fourth quarter. Royce & Associates LP now owns 8,389 shares of the basic materials company’s stock worth $668,000 after buying an additional 162 shares during the last quarter. New Age Alpha Advisors LLC grew its stake in shares of Cal-Maine Foods by 15.0% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,145 shares of the basic materials company’s stock worth $171,000 after buying an additional 279 shares during the last quarter. MQS Management LLC grew its stake in shares of Cal-Maine Foods by 20.1% during the fourth quarter. MQS Management LLC now owns 2,745 shares of the basic materials company’s stock worth $218,000 after buying an additional 459 shares during the last quarter. Finally, Americana Partners LLC bought a new stake in shares of Cal-Maine Foods during the fourth quarter worth $250,000. Institutional investors own 84.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CALM shares. BMO Capital Markets decreased their target price on shares of Cal-Maine Foods from $85.00 to $80.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cal-Maine Foods in a report on Friday, March 27th. Stephens lifted their price target on shares of Cal-Maine Foods from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 18th. Royal Bank Of Canada set a $100.00 price target on shares of Cal-Maine Foods in a report on Tuesday. Finally, Benchmark reiterated 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $94.17.

Check Out Our Latest Stock Analysis on CALM

Cal-Maine Foods Stock Performance

Shares of NASDAQ:CALM opened at $74.72 on Friday. The firm has a market cap of $3.54 billion, a PE ratio of 5.21 and a beta of 0.28. The firm’s fifty day moving average is $77.28 and its 200-day moving average is $81.49. Cal-Maine Foods, Inc. has a 52 week low of $71.92 and a 52 week high of $126.40.

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

Cal-Maine Foods Cuts Dividend

The company also recently announced 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 was Wednesday, April 29th. This represents a $1.44 annualized dividend and a yield of 1.9%. Cal-Maine Foods’s payout ratio is presently 9.97%.

Cal-Maine Foods Company 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.