Twin Lions Administration reported a brand new place in Cal-Maine Meals (NASDAQ:CALM) as of Might 14, 2026, buying 221,544 shares in an estimated $18.20 million commerce primarily based on quarterly common pricing.
What occurred
Based on a Securities and Trade Fee (SEC) submitting dated Might 14, 2026, Twin Lions Administration initiated a brand new place in Cal-Maine Meals by buying 221,544 shares. The estimated transaction worth was $18.20 million, calculated utilizing common closing costs for the primary quarter of 2026. The stake’s valuation at quarter-end rose by $17.54 million, reflecting each share acquisition and adjustments in Cal-Maine Meals’ inventory worth.
What else to know
-
This was a brand new place for Twin Lions Administration LLC; the stake represented 10.6% of the fund’s 13F reportable belongings below administration as of March 31, 2026.
-
Prime 5 holdings after the submitting:
-
NASDAQ: CACC: $41.16 million (24.9% of AUM)
-
NASDAQ: MBUU: $28.85 million (17.4% of AUM)
-
NASDAQ: OZK: $22.26 million (13.5% of AUM)
-
NYSEMKT: SEB: $17.88 million (10.8% of AUM)
-
NASDAQ: CALM: $17.54 million (10.6% of AUM)
-
-
As of Friday, Cal-Maine Meals shares had been priced at $74.72, down 20% over the previous yr and trailing the S&P 500, which is as an alternative up about 28%.
Firm Overview
|
Metric |
Worth |
|---|---|
|
Income (TTM) |
$3.5 billion |
|
Internet Revenue (TTM) |
$695 million |
|
Dividend Yield |
6% |
|
Worth (as of Friday) |
$74.72 |
Firm Snapshot
-
Cal-Maine Meals produces, grades, packages, markets, and distributes shell eggs, together with specialty eggs comparable to cage-free, natural, and nutritionally enhanced varieties below manufacturers like Egg-Land’s Finest and Land O’ Lakes.
-
The agency operates an built-in mannequin centered on large-scale egg manufacturing and distribution, producing income primarily from the sale of shell eggs and specialty egg merchandise.
-
It serves nationwide and regional grocery retailer chains, membership shops, unbiased supermarkets, and foodservice distributors throughout the southwestern, southeastern, midwestern, and mid-Atlantic United States.
Cal-Maine Meals, Inc. produces, grades, packages, markets, and distributes shell eggs in america. Cal-Maine Meals, Inc. gives specialty shell eggs, comparable to nutritionally enhanced, cage-free, natural, and brown eggs below a wide range of model names. Cal-Maine Meals, Inc. sells its merchandise to numerous prospects, together with nationwide and regional grocery retailer chains, membership shops, unbiased supermarkets, and foodservice distributors.
What this transaction means for buyers
Falling egg costs have hit Cal-Maine fairly exhausting this previous yr, however Twin Lions appears to be betting on an organization that is still extremely worthwhile and is reshaping its earnings combine to turn out to be much less depending on unstable commodity cycles.
Nonetheless, the headline numbers from Cal-Maine’s newest quarter appeared tough at first look. Internet gross sales fell 53% to $667 million, and web earnings dropped 90% to $50.5 million as egg costs normalized from unusually elevated ranges a yr in the past. However administration’s commentary means that’s solely a part of the story. Specialty eggs accounted for 50.5% of shell egg gross sales throughout the quarter, whereas ready meals contributed 9.5% of complete income, persevering with a shift towards companies that may produce extra sturdy earnings over time.
CEO Sherman Miller stated current worth weak point supplied a “real-time check” of the corporate’s technique, arguing that operational execution and product combine mattered greater than spot egg costs. The corporate additionally expanded its ready meals and ingredient capabilities via the acquisition of belongings from Creighton Brothers.
Nonetheless, Cal-Maine nonetheless holds greater than $1.15 billion in money and short-term investments whereas producing vital earnings even in a a lot weaker pricing setting. And if administration succeeds in constructing a bigger specialty and ready meals enterprise, future earnings might show much less cyclical than many buyers anticipate.