Fort Washington Investment Advisors 13F: New $32M Stake in CALX

Fort Washington Investment Advisors disclosed a new position in Calix, Inc. (NYSE: CALX) in a filing on October 15, 2026. The firm took 933,937 shares valued at approximately $32.1 million. This marks the firm’s entrance into Calix, as it previously held no shares in the company.

What Changed in Fort Washington Investment Advisors' Calix Position

Fort Washington Investment Advisors now holds 933,937 shares of Calix, Inc. after taking a new position. This stake represents a significant entry into the technology sector, specifically within software infrastructure.

Other Institutional Activity in Calix

Several other institutional investors have maintained positions in Calix. Blackrock Inc. holds 11,775,490 shares, with a value of about $429.8 million after increasing its position by 622,345 shares. Vanguard Portfolio Management LLC has 5,588,048 shares valued at $204 million, growing by 54,231 shares. Meanwhile, State Street Corporation added 313,311 shares, bringing its total to 2,915,560 shares worth approximately $106.4 million.

Calix, Inc. Stock Up 0.8%

Calix shares recently traded around $37.47, which is above the 52-week low of $32.35 by 15.8%. However, it remains 47.4% below the 52-week high of $71.22. The stock is currently above its 50-day moving average of $36.69 by about 2.1% but below the 200-day moving average of $43.45 by 13.8%. This positioning could indicate potential for future movement as the market evolves.

Recent Earnings

For the trailing twelve months, Calix generated revenue of approximately $1.11 billion, reflecting a year-over-year growth of 21.3%. The company reported an EPS of $0.75, and its next earnings announcement is scheduled for November 2, 2026.

Insider Buying and Selling at Calix, Inc.

Carl E. Russo, a director and beneficial owner of more than 10% of Calix's stock, sold 75,000 shares on July 27, 2026, at an average price of $36.20, totaling about $2.7 million. Earlier this year, he also sold 25,000 shares on April 27 and another 25,000 shares on February 3 for values close to $1.1 million each. Additionally, Russo bought 15,999 shares on June 29, 2026.

Analysts Set New Price Targets

In recent analyst updates, Northland Capital Markets upgraded the stock to an Outperform rating with a price target of $52.00 on July 21, 2026. Rosenblatt maintained a Buy rating with a target of $55.00, while JP Morgan kept an Overweight rating with a target of $58.00. The consensus price target for Calix is $62.33, based on six analyst opinions.

About Calix, Inc.

Calix, Inc., headquartered in San Jose, CA, offers cloud and software platforms aimed at helping broadband service providers deliver various services. The firm's technology supports operations across the U.S. and internationally, making it a key player in the software infrastructure industry.

Bottom Line

Investors should watch for Calix’s upcoming earnings report on November 2, 2026, as well as any further movements from institutional investors following this new stake from Fort Washington Investment Advisors. The disclosed holdings in this filing reflect positions as of the reporting period and may not represent current holdings.