Chapin Davis Inc. Purchases 10,256 Shares of Cal-Maine Foods, Inc. $CALM

Posted by Geri Gentry on Oct 9th, 2026

Chapin Davis Inc. purchased a new position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 10,256 shares of the basic materials company’s stock, valued at approximately $698,000.

Other hedge funds also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in shares of Cal-Maine Foods by 13.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,519,483 shares of the basic materials company’s stock valued at $199,416,000 after acquiring an additional 300,910 shares during the last quarter. First Trust Advisors LP boosted its position in Cal-Maine Foods by 29.7% during the first quarter. First Trust Advisors LP now owns 1,552,297 shares of the basic materials company’s stock valued at $122,864,000 after purchasing an additional 355,762 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Cal-Maine Foods in the second quarter valued at approximately $57,894,000. Bank of America Corp DE grew its stake in Cal-Maine Foods by 21.9% in the first quarter. Bank of America Corp DE now owns 505,359 shares of the basic materials company’s stock valued at $39,999,000 after purchasing an additional 90,779 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Cal-Maine Foods by 68.8% during the 1st quarter. Janus Henderson Group PLC now owns 353,751 shares of the basic materials company’s stock worth $27,997,000 after purchasing an additional 144,140 shares during the last quarter. Institutional investors own 84.67% of the company’s stock.

Cal-Maine Foods Stock Up 3.4%

CALM opened at $64.83 on Friday. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of 55.41 and a beta of 0.25. Cal-Maine Foods, Inc. has a 12-month low of $61.88 and a 12-month high of $95.57. The business has a 50 day moving average of $76.38 and a 200-day moving average of $78.49.

Cal-Maine Foods (NASDAQ:CALM – Get Free Report) last posted its quarterly earnings results on Wednesday, September 30th. The basic materials company reported ($1.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.77) by ($0.49). Cal-Maine Foods had a net margin of 2.32% and a return on equity of 2.21%. The business had revenue of $539.61 million during the quarter, compared to the consensus estimate of $561.57 million. During the same quarter last year, the company posted $4.12 EPS. The firm’s revenue was down 41.5% on a year-over-year basis.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CALM. Weiss Ratings downgraded Cal-Maine Foods from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. The Goldman Sachs Group set a $60.00 target price on shares of Cal-Maine Foods in a report on Thursday, October 1st. BMO Capital Markets reaffirmed a “market perform” rating and set a $75.00 price target (down from $83.00) on shares of Cal-Maine Foods in a research report on Thursday, September 24th. Wells Fargo & Company set a $100.00 price target on shares of Cal-Maine Foods in a research note on Monday, July 13th. Finally, Raymond James Financial downgraded shares of Cal-Maine Foods to an “outperform” rating in a research report on Thursday, October 1st. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $84.17.

Read Our Latest Stock Analysis on CALM

Cal-Maine Foods Company Profile

(Free Report)

Cal-Maine Foods, Inc is a major producer and distributor of shell eggs in the United States. The company supplies eggs to grocery retailers, foodservice operators, food distributors and institutional customers under both its own brands and private-label programs.

Its product portfolio includes conventional eggs as well as specialty products such as cage-free, organic, free-range, brown, pasture-raised and nutritionally enhanced eggs. Cal-Maine also markets hard-boiled eggs and other value-added egg products, and sells eggs through a network of production, processing, packaging and distribution facilities.

Founded in 1969 and headquartered in Jackson, Mississippi, Cal-Maine serves customers throughout the United States and has expanded through acquisitions and investments in production capacity.