Calumet Specialty ProductsCLMT
Market Cap: $1.52B
About: Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets.
Employees: 1,580
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
11% more capital invested
Capital invested by funds: $342M [Q1] → $381M (+$38.2M) [Q2]
0.77% more ownership
Funds ownership: 28.72% [Q1] → 29.49% (+0.77%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
13% less funds holding
Funds holding: 77 [Q1] → 67 (-10) [Q2]
39% less call options, than puts
Call options by funds: $16.2M | Put options by funds: $26.4M
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
HC Wainwright & Co. Amit Dayal 25% 1-year accuracy 23 / 93 met price target | 41%upside $25 | Buy Reiterated | 12 Aug 2024 |
TD Cowen Jason Gabelman 42% 1-year accuracy 8 / 19 met price target | 1%upside $18 | Buy Maintained | 12 Aug 2024 |
Goldman Sachs Neil Mehta 36% 1-year accuracy 9 / 25 met price target | 15%downside $15 | Buy Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 4 articles about CLMT published over the past 30 days