C WorldWide Group Holding A S Sells 1,770 Shares of Chemed Corporation $CHE

C WorldWide Group Holding A S reduced its holdings in shares of Chemed Corporation (NYSE:CHE) by 34.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,347 shares of the company’s stock after selling 1,770 shares during the period. C WorldWide Group Holding A S’s holdings in Chemed were worth $1,559,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its stake in shares of Chemed by 9.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 27,774 shares of the company’s stock worth $12,936,000 after buying an additional 2,461 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Chemed by 4,167.3% in the second quarter. NewEdge Advisors LLC now owns 2,091 shares of the company’s stock worth $974,000 after acquiring an additional 2,042 shares during the last quarter. Squarepoint Ops LLC increased its holdings in shares of Chemed by 50.5% during the second quarter. Squarepoint Ops LLC now owns 5,201 shares of the company’s stock valued at $2,422,000 after acquiring an additional 1,745 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of Chemed by 28.8% in the 2nd quarter. Baird Financial Group Inc. now owns 1,874 shares of the company’s stock worth $873,000 after purchasing an additional 419 shares during the last quarter. Finally, Allworth Financial LP grew its position in Chemed by 58.1% during the 2nd quarter. Allworth Financial LP now owns 748 shares of the company’s stock valued at $348,000 after purchasing an additional 275 shares during the last quarter. 95.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Spencer Lee sold 1,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $541.04, for a total transaction of $541,040.00. Following the completion of the transaction, the executive vice president directly owned 13,912 shares of the company’s stock, valued at approximately $7,526,948.48. This trade represents a 6.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Patrick Grace sold 190 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $532.00, for a total transaction of $101,080.00. Following the completion of the sale, the director owned 3,533 shares in the company, valued at approximately $1,879,556. The trade was a 5.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 5,190 shares of company stock worth $2,803,460. 3.33% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CHE shares. Wall Street Zen raised shares of Chemed from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 1st. Royal Bank Of Canada boosted their price objective on Chemed from $436.00 to $548.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Oppenheimer increased their target price on shares of Chemed from $500.00 to $590.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Bank of America restated a “neutral” rating on shares of Chemed in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised shares of Chemed from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Chemed presently has an average rating of “Hold” and an average price target of $530.75.

Chemed Trading Up 0.0%

Shares of CHE stock opened at $519.96 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.89 and a current ratio of 0.91. The stock has a fifty day simple moving average of $519.00 and a two-hundred day simple moving average of $452.37. The firm has a market capitalization of $6.80 billion, a PE ratio of 26.12, a PEG ratio of 1.97 and a beta of 0.51. Chemed Corporation has a 52-week low of $365.20 and a 52-week high of $557.00.

Chemed (NYSE:CHE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $6.06 earnings per share for the quarter, topping analysts’ consensus estimates of $5.60 by $0.46. The firm had revenue of $673.25 million during the quarter, compared to analyst estimates of $665.04 million. Chemed had a return on equity of 31.77% and a net margin of 10.60%.The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.27 earnings per share. Chemed has set its FY 2026 guidance at 25.000-25.750 EPS. On average, analysts predict that Chemed Corporation will post 23.18 EPS for the current fiscal year.

Chemed Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 0.5%. This is a boost from Chemed’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, August 17th. Chemed’s payout ratio is presently 14.06%.

About Chemed

Chemed Corporation is a diversified provider of essential home services and healthcare solutions in the United States. Headquartered in Cincinnati, Ohio, the company operates through two principal business segments—Roto-Rooter and Vitas Healthcare. Since its founding in 1974, Chemed has built a reputation for reliability and expertise, serving both residential and commercial customers across a broad range of markets.

The Roto-Rooter segment offers a comprehensive suite of plumbing, drain cleaning and water restoration services.