How much did Bank of America increase its stake in Calumet Specialty Products Partners, and what is the current value of that holding?

Bank of America Corp DE increased its stake in Calumet, Inc. (NASDAQ:CLMT) by 65.1% in the first quarter, adding 454,985 shares to reach a total holding of 1.15 million shares valued at $41.4 million.

What were Calumet's key financial results for the period, and how did they compare to analyst expectations?

Calumet reported a 40.8% year-over-year revenue increase to $1.45 billion, but posted an adjusted loss of $1.09 per share, missing analyst estimates.

Bank of America Increases Stake in Calumet Specialty Products Partners

Aug 14, 2026

Bank of America increased its stake in Calumet Specialty Products Partners by 65.1% in Q1. Calumet reported a 40.8% revenue increase but missed earnings estimates with an adjusted loss.

MarketBeat

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Adams Asset Advisors LLC Holds $102.46M Stake in Calumet, Inc.

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Calumet (NASDAQ:CLMT) Given New $60.00 Price Target at HC Wainwright

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H.C. Wainwright Raises Calumet Stock Price Target to $60 from $33

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Calumet (NASDAQ:CLMT) Director Daniel Sajkowski Sells 3,310 Shares

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Calumet, Inc. Receives Consensus 'Hold' Rating from Brokerages