Archford Capital Strategies LLC Cuts Stake in Cal-Maine Foods, Inc. $CALM

Archford Capital Strategies LLC reduced its position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) by 94.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,818 shares of the basic materials company’s stock after selling 47,780 shares during the period. Archford Capital Strategies LLC’s holdings in Cal-Maine Foods were worth $224,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. increased its stake in Cal-Maine Foods by 3.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 3,280 shares of the basic materials company’s stock valued at $327,000 after purchasing an additional 102 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Cal-Maine Foods by 12.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,022 shares of the basic materials company’s stock valued at $101,000 after acquiring an additional 116 shares during the last quarter. Xponance Inc. lifted its holdings in shares of Cal-Maine Foods by 3.4% in the third quarter. Xponance Inc. now owns 3,694 shares of the basic materials company’s stock valued at $348,000 after purchasing an additional 123 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Cal-Maine Foods by 58.2% in the third quarter. IFP Advisors Inc now owns 378 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 139 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Cal-Maine Foods by 4.9% in the third quarter. GAMMA Investing LLC now owns 3,019 shares of the basic materials company’s stock valued at $284,000 after purchasing an additional 142 shares during the last quarter. 84.67% of the stock is owned by hedge funds and other institutional investors.

Cal-Maine Foods Trading Up 5.3%

Shares of CALM opened at $83.36 on Thursday. Cal-Maine Foods, Inc. has a twelve month low of $71.92 and a twelve month high of $126.40. The firm has a market capitalization of $3.97 billion, a P/E ratio of 3.52 and a beta of 0.32. The stock’s fifty day simple moving average is $83.65 and its 200 day simple moving average is $86.16.

Cal-Maine Foods (NASDAQ:CALM) last posted its earnings results on Wednesday, April 1st. The basic materials company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.17. Cal-Maine Foods had a net margin of 27.37% and a return on equity of 44.55%. The firm had revenue of $666.95 million during the quarter, compared to the consensus estimate of $655.82 million. During the same quarter in the prior year, the company earned $10.39 EPS. The company’s revenue was down 53.0% on a year-over-year basis. Sell-side analysts predict that Cal-Maine Foods, Inc. will post 15.59 earnings per share for the current year.

Cal-Maine Foods Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Wednesday, January 28th were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Wednesday, January 28th. This represents a $2.88 annualized dividend and a yield of 3.5%. Cal-Maine Foods’s payout ratio is 12.21%.

Key Headlines Impacting Cal-Maine Foods

Here are the key news stories impacting Cal-Maine Foods this week:

• Positive Sentiment: Q3 EPS beat expectations and margins were strong — Cal‑Maine reported $1.06 adjusted EPS vs. $0.89 consensus and delivered a healthy net margin and ROE, which traders rewarded as a sign that the company can protect profitability despite a weak pricing environment. MarketBeat Earnings
• Positive Sentiment: Diversification into specialty eggs and prepared foods limited the revenue and profit hit — management said specialty and value‑added channels helped offset some pain from falling conventional egg prices, supporting margins and the narrative that the business is less exposed to commodity swings than in 2025. Seeking Alpha Analysis
• Neutral Sentiment: Board addition and governance update — the company added Dudley D. Wooley to the board, a move framed as strengthening capital‑allocation and risk oversight, which may reduce governance risk but has no immediate earnings impact. GlobeNewswire Release
• Neutral Sentiment: Institutional buying noted — a fund (Assenagon) increased its stake in the quarter, signaling some investor confidence but not a broad ownership change. DefenseWorld Report
• Negative Sentiment: Sharp drop in conventional egg prices — headlines point to roughly a 70% tumble in conventional white‑egg prices vs. the prior year, which drove a ~53% year‑over‑year decline in Q3 revenue and explains the big swing from last year’s earnings base. That pricing collapse is the primary reason sales and reported volumes look weak. MarketWatch Report
• Negative Sentiment: Revenue still fell materially year over year despite the beat — investors should note the company compares to an outsized prior‑year EPS and that earnings volatility remains high while commodity pricing normalizes. WSJ Coverage

Analysts Set New Price Targets

CALM has been the subject of several research reports. BMO Capital Markets cut their price objective on Cal-Maine Foods from $85.00 to $80.00 and set a “market perform” rating for the company in a research report on Wednesday, March 25th. Benchmark reissued a “buy” rating on shares of Cal-Maine Foods in a research report on Tuesday, March 3rd. Stephens increased their price objective on Cal-Maine Foods from $85.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 18th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Cal-Maine Foods in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $93.00.

Cal-Maine Foods Profile

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.