Calumet Specialty ProductsCLMT
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. Its segments include: Specialty Products and Solutions; Montana/Renewables; Performance Brands; and Corporate. The company generates maximum revenue from Fuels, asphalt and other by-products.
Employees: 1,630
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
257% more call options, than puts
Call options by funds: $173M | Put options by funds: $48.6M
213% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 15
44% more capital invested
Capital invested by funds: $558M [Q3] → $803M (+$245M) [Q4]
43% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 10 (+3) [Q4]
34% more funds holding
Funds holding: 91 [Q3] → 122 (+31) [Q4]
5.87% more ownership
Funds ownership: 36.56% [Q3] → 42.43% (+5.87%) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Roger Read 22% 1-year accuracy 25 / 113 met price target | 136%upside $23 | Overweight Maintained | 9 Apr 2025 |
UBS Manav Gupta 36% 1-year accuracy 5 / 14 met price target | 23%upside $12 | Neutral Upgraded | 17 Mar 2025 |
HC Wainwright & Co. Amit Dayal 18% 1-year accuracy 22 / 122 met price target | 238%upside $33 | Buy Reiterated | 3 Mar 2025 |
Financial journalist opinion









