LRT Capital Management LLC Sells 1,247 Shares of Chemed Corporation $CHE

LRT Capital Management LLC cut its holdings in shares of Chemed Corporation (NYSE:CHE) by 14.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,574 shares of the company’s stock after selling 1,247 shares during the period. Chemed accounts for approximately 2.8% of LRT Capital Management LLC’s holdings, making the stock its 4th biggest holding. LRT Capital Management LLC’s holdings in Chemed were worth $3,241,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC lifted its position in Chemed by 3.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 734 shares of the company’s stock valued at $314,000 after purchasing an additional 22 shares during the period. Cim LLC lifted its position in Chemed by 1.1% during the 3rd quarter. Cim LLC now owns 2,139 shares of the company’s stock valued at $958,000 after purchasing an additional 24 shares during the period. Smartleaf Asset Management LLC lifted its position in Chemed by 71.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 60 shares of the company’s stock valued at $27,000 after purchasing an additional 25 shares during the period. Eukles Asset Management lifted its position in Chemed by 0.4% during the 4th quarter. Eukles Asset Management now owns 6,056 shares of the company’s stock valued at $2,591,000 after purchasing an additional 25 shares during the period. Finally, Merit Financial Group LLC lifted its position in Chemed by 4.0% during the 3rd quarter. Merit Financial Group LLC now owns 940 shares of the company’s stock valued at $421,000 after purchasing an additional 36 shares during the period. 95.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Andrea R. Lindell sold 1,347 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $447.33, for a total transaction of $602,553.51. Following the completion of the sale, the director directly owned 4,578 shares of the company’s stock, valued at approximately $2,047,876.74. This represents a 22.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kevin J. Mcnamara sold 2,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $421.13, for a total value of $842,260.00. Following the sale, the chief executive officer directly owned 90,219 shares of the company’s stock, valued at approximately $37,993,927.47. The trade was a 2.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.33% of the stock is currently owned by corporate insiders.

Chemed Stock Performance

Shares of NYSE:CHE opened at $419.07 on Friday. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 22.84, a P/E/G ratio of 1.57 and a beta of 0.54. The firm’s 50 day simple moving average is $415.27 and its 200 day simple moving average is $424.51. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.85 and a quick ratio of 0.83. Chemed Corporation has a fifty-two week low of $365.20 and a fifty-two week high of $562.77.

Chemed (NYSE:CHE) last posted its earnings results on Thursday, April 23rd. The company reported $5.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.30 by $0.35. Chemed had a return on equity of 27.18% and a net margin of 10.23%.The business had revenue of $657.51 million during the quarter, compared to analysts’ expectations of $659.22 million. During the same period in the prior year, the business earned $5.63 EPS. Chemed’s revenue for the quarter was up 1.6% compared to the same quarter last year. Chemed has set its FY 2026 guidance at 24.000-24.75 EPS. As a group, sell-side analysts forecast that Chemed Corporation will post 22.3 earnings per share for the current year.

Chemed Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Thursday, May 28th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, May 28th. Chemed’s dividend payout ratio is presently 13.08%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CHE. Wall Street Zen downgraded shares of Chemed from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. Zacks Research upgraded shares of Chemed from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Oppenheimer cut their price target on shares of Chemed from $580.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Weiss Ratings upgraded shares of Chemed from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada increased their price target on shares of Chemed from $422.00 to $436.00 and gave the company a “sector perform” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $501.50.

Chemed Company Profile

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.