CLMT

Calumet, Inc. /DE

Nasdaq · Petroleum Refining · CIK 0002013745
$32.03 +0.36% $2.8B
3 New Institutional Positions
Vol
Market Cap$2.8B
Cap SizeMid Cap
Analyst ConsensusBuy (58%)
Inst. Holders6 funds
Inst. Value$142.8M
Inst. Activity3 buys / 0 sells
Insider Activity0B / 4S
Insider Net $-$20.5M
Reddit Sentiment50° Neutral
SEC Reports5
Exchange Nasdaq·Sector Petroleum Refining·CIK 0002013745·Prev Close $31.92

Recent Activity

May 15, 2026 Insider
Heritage Group sold 1,020,000 shares
10%+ Owner @ $0.00 ($0.00)
May 15, 2026 Insider
Heritage Group sold 1,020,000 shares
10%+ Owner @ $20.00 ($20.4M)
May 15, 2026 Insider
Heritage Group sold 626,998 shares
10%+ Owner @ $32.54 ($20.4M)
May 8, 2026 SEC
Calumet reported Q1 2026 GAAP net loss of $317.0M ($3.64/share), widening from a $162.0M loss a year ago, driven by $147
8-K — Impact 6/10
May 8, 2026 earnings_calendar
CLMT Q1 2026 Earnings Scheduled — 2026-05-08
Apr 20, 2026 SEC
Calumet, Inc. has filed a definitive proxy statement (DEFA14A) for its 2026 Annual Meeting, following the recent announc
DEFA14A — Impact 3/10
Apr 1, 2026 SEC
Daniel J. Sajkowski, a director of Calumet, Inc., filed a Form 144 to propose the sale of up to 3,310 shares of common s
144 — Impact 2/10
Inst.
MORGAN STANLEY — ADD
1,117,977 shares ($22.2M)

Price Targets

$37.00 +15.5% upside Buy
Current $32.04 Low $25.00 Median $36.00 High $60.00 5 analysts
$25.00 $60.00

Analyst Ratings

Hold58% buy · 12 analysts
3Strong Buy
4Buy
5Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Mar 30, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy
Mar 12, 2026 Goldman Sachs MAINTAIN Buy → Buy
Jan 30, 2026 Goldman Sachs MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.01 ▼ -105.9% $-0.01 — $-0.01 98% YoY 1
Next Q $-0.01 ▼ -105.4% $-0.29 — $0.20 -100% YoY 4
Current FY $-3.93 ▼ -502.4% $-4.89 — $-3.40 -907% YoY 3
Next FY $1.21 $0.31 — $2.34 131% YoY 6

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$93.4M
MORGAN STANLEY$22.2MADD
BANK OF AMERICA CORP$13.9MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$10.9MADD
WELLS FARGO & COMPANY/MN$2.3MADD

Recent Insider Trades

DateInsiderTypeValue
May 15, 2026Heritage GroupX$0.00
May 15, 2026Heritage GroupX$20.4M
May 15, 2026Heritage GroupSELL$20.4M
Apr 1, 2026Sajkowski DanielSELL$114.1K
Mar 31, 2026Fleming BruceA$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish
6 institutional holders with $142.8M total value (7,189,161 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, BANK. Net buying activity: 3 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC4,703,040$93.4M65.4%
2MORGAN STANLEY1,117,977$22.2M15.6%ADD +41.8%
3BANK OF AMERICA CORP /DE/698,759$13.9M9.7%ADD +93.0%
4CHARLES SCHWAB INVESTMENT MANAGEMENT INC550,496$10.9M7.7%ADD +44.2%
5WELLS FARGO & COMPANY/MN115,290$2.3M1.6%ADD +98.9%
6FMR LLC3,599$71.5K0.1%DOUBLED +114.1%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
MORGAN STANLEYADD788,2271,117,977+41.8%$22.2M2025-Q4
BANK OF AMERICA CORP /DE/ADD362,008698,759+93.0%$13.9M2025-Q4
FMR LLCDOUBLED1,6813,599+114.1%$71.5K2025-Q4
MORGAN STANLEYADD511,643788,227+54.1%$14.4M2025-Q3
BANK OF AMERICA CORP /DE/TRIM609,307362,008-40.6%$6.6M2025-Q3
UBS Group AGTRIM452,377188,728-58.3%$3.4M2025-Q3
FMR LLCADD1,1471,681+46.6%$30.7K2025-Q3
RENAISSANCE TECHNOLOGIES LLCEXIT29,6000-100.0%$0.002025-Q3
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD395,905571,005+44.2%$9.0M2025-Q2
MORGAN STANLEYTRIM802,845511,643-36.3%$8.1M2025-Q2
UBS Group AGADD229,692452,377+96.9%$7.1M2025-Q2
WELLS FARGO & COMPANY/MNADD44,94489,395+98.9%$1.4M2025-Q2
RENAISSANCE TECHNOLOGIES LLCNEW29,600$466.3K2025-Q2
FMR LLCDOUBLED11,147+114600.0%$18.1K2025-Q2
CITADEL ADVISORS LLCTRIM1,570,435906,400-42.3%$11.5M2025-Q1
MORGAN STANLEYTRIM1,538,885802,845-47.8%$10.2M2025-Q1
UBS Group AGADD131,705229,692+74.4%$2.9M2025-Q1
MORGAN STANLEYDOUBLED251,8201,538,885+511.1%$33.9M2024-Q4
UBS Group AGTRIM187,224131,705-29.7%$2.9M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW401,201$7.1M2024-Q3
MORGAN STANLEYTRIM446,146251,820-43.6%$4.5M2024-Q3
MORGAN STANLEYEXIT446,1460-100.0%$0.002024-Q3
12 unique insiders with 4 transactions. Net insider value: -$20.5M ($0.00 bought, $20.5M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 15, 2026Heritage Group10%+ OwnerX1,020,000$0.00$0.00
May 15, 2026Heritage Group10%+ OwnerX1,020,000$20.00$20.4M
May 15, 2026Heritage Group10%+ OwnerSELL626,998$32.54$20.4M
Apr 1, 2026Sajkowski Daniel JDirectorSELL3,310$34.46$114.1K
Mar 31, 2026Fleming Bruce AEVP - MONTANA RENEWABLESA13,047$0.00$0.00
Mar 31, 2026Krutz John RobertChief Accounting OfficerA931$0.00$0.00
Mar 31, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERA2,391$0.00$0.00
Mar 31, 2026Krutz John RobertChief Accounting OfficerA310$0.00$0.00
Mar 31, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERA7,173$0.00$0.00
Mar 31, 2026Fleming Bruce AEVP - MONTANA RENEWABLESA4,349$0.00$0.00
Mar 31, 2026Morical Gregory JSVP, GENERAL COUNSELA334$0.00$0.00
Mar 31, 2026Morical Gregory JSVP, GENERAL COUNSELA1,002$0.00$0.00
Mar 9, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERM49,974$0.00$0.00
Mar 9, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERF21,798$0.00$0.00
Mar 9, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERM49,974$0.00$0.00
Mar 9, 2026Fleming Bruce AEVP - MONTANA RENEWABLESM20,621$0.00$0.00
Mar 9, 2026Fleming Bruce AEVP - MONTANA RENEWABLESF8,156$0.00$0.00
Mar 9, 2026Fleming Bruce AEVP - MONTANA RENEWABLESM20,621$0.00$0.00
Mar 9, 2026Mawer Stephen PDirectorM27,806$0.00$0.00
Mar 9, 2026Mawer Stephen PDirectorF12,589$0.00$0.00
Mar 9, 2026Mawer Stephen PDirectorM27,806$0.00$0.00
Mar 9, 2026Morical Gregory JSVP, GENERAL COUNSELM15,348$0.00$0.00
Mar 9, 2026Morical Gregory JSVP, GENERAL COUNSELF6,952$0.00$0.00
Mar 9, 2026Morical Gregory JSVP, GENERAL COUNSELM15,348$0.00$0.00
Mar 9, 2026Obermeier ScottEVP - SPECIALTIESM24,090$0.00$0.00
Mar 9, 2026Obermeier ScottEVP - SPECIALTIESF10,584$0.00$0.00
Mar 9, 2026Obermeier ScottEVP - SPECIALTIESM24,090$0.00$0.00
Feb 24, 2026Raymond Paul CDirectorA854$0.00$0.00
Feb 24, 2026Raymond Paul CDirectorA284$0.00$0.00
Feb 24, 2026Boss John G.DirectorA256$0.00$0.00
Feb 24, 2026Boss John G.DirectorA85$0.00$0.00
Feb 24, 2026Mawer Stephen PDirectorA1,175$0.00$0.00
Feb 24, 2026Mawer Stephen PDirectorA391$0.00$0.00
Feb 24, 2026Schumacher Amy MDirectorA782$0.00$0.00
Feb 24, 2026Schumacher Amy MDirectorA260$0.00$0.00
Feb 24, 2026Krutz John RobertChief Accounting OfficerA2,365$0.00$0.00
Feb 24, 2026Lunin DavidEVP - CFOA9,786$0.00$0.00
Feb 24, 2026Lunin DavidEVP - CFOA7,080$0.00$0.00
Feb 24, 2026Morical Gregory JSVP, GENERAL COUNSELA6,197$0.00$0.00
Feb 24, 2026Morical Gregory JSVP, GENERAL COUNSELA4,432$0.00$0.00
Feb 24, 2026Fleming Bruce AEVP - MONTANA RENEWABLESA10,850$0.00$0.00
Feb 24, 2026Fleming Bruce AEVP - MONTANA RENEWABLESA7,700$0.00$0.00
Feb 24, 2026Obermeier ScottEVP - SPECIALTIESA9,654$0.00$0.00
Feb 24, 2026Obermeier ScottEVP - SPECIALTIESA7,738$0.00$0.00
Feb 24, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERA67,882$0.00$0.00
Feb 24, 2026Borgmann Louis ToddCHIEF EXECUTIVE OFFICERA64,102$0.00$0.00
Dec 4, 2025Sajkowski Daniel JDirectorM5,053$0.00$0.00
Dec 4, 2025Sajkowski Daniel JDirectorSELL2,022$0.00$0.00
Dec 4, 2025Sajkowski Daniel JDirectorM5,053$0.00$0.00
Jul 1, 2025Sajkowski Daniel JSELL2,000$15.77$31.5K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (58% buy). Based on 12 analysts: 3 strong buy, 4 buy, 5 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$37.00 mean target +15.5% upside Buy (2.33)
$25.00 Low $60.00 High
MetricValue
Current Price$32.04
Target Low$25.00
Target Mean$37.00
Target Median$36.00
Target High$60.00
# Analysts5
RecommendationBuy (2.33)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.01 $-0.01 $-0.01 97.5% -105.9% 1↑ 0↓ $1.1B 6.5% 1
Next Q
2026-09-30
$-0.01 $-0.29 $0.20 -100.3% -105.4% 2↑ 0↓ $1.2B 6.8% 4
Current FY
2026-12-31
$-3.93 $-4.89 $-3.40 -906.8% -502.4% 0↑ 1↓ $4.4B 6.6% 3
Next FY
2027-12-31
$1.21 $0.31 $2.34 130.9% +0.1% 1↑ 1↓ $4.7B 6.7% 6

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.010
7d ago$0.150-0.160
30d ago$0.170-0.180
60d ago$-0.040+0.030
90d ago$-0.280+0.270
2 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Mar 30, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Mar 12, 2026 Goldman Sachs MAINTAIN Buy Buy
Jan 30, 2026 Goldman Sachs MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 20263450058%
Apr 1, 20263540067%
Mar 1, 20263540067%
Feb 1, 20263540067%
Jan 1, 20263540067%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 30, 2026156° Neutral001
Mar 30, 2026156° Neutral001

Recent Reddit Threads

r/investing Neutral 1mo ago
Market Close Report - Monday, March 30, 2026
▲ 1 💬 0 ⚡ 0.5
May 8, 2026
earnings_calendar
CLMT Q1 2026 Earnings Scheduled — 2026-05-08
May 8, 2026
short_volume
Short Volume: CLMT — 55.0% short (0.4M / 0.8M)
Short: 446,215 | Exempt: 2 | TRF Vol: 810,834 | Short Ratio: 55.0% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
short_volume
Short Volume: CLMT — 60.4% short (1.2M / 2.0M)
Short: 1,181,208 | Exempt: 2,189 | TRF Vol: 1,954,700 | Short Ratio: 60.4% | Off-exchange volume (dark pool + OTC)
Feb 27, 2026
earnings_calendar
CLMT Q4 2025 Earnings Scheduled — 2026-02-27