3,192 Shares in Chemed Corporation $CHE Bought by Intech Investment Management LLC

Intech Investment Management LLC acquired a new stake in shares of Chemed Corporation (NYSE:CHE) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,192 shares of the company’s stock, valued at approximately $1,429,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Chemed by 122.7% during the third quarter. JPMorgan Chase & Co. now owns 499,968 shares of the company’s stock valued at $223,856,000 after buying an additional 275,423 shares during the period. TD Asset Management Inc raised its holdings in Chemed by 23.1% in the third quarter. TD Asset Management Inc now owns 301,831 shares of the company’s stock worth $135,142,000 after buying an additional 56,546 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of Chemed by 69.3% in the second quarter. Acadian Asset Management LLC now owns 250,722 shares of the company’s stock worth $122,056,000 after buying an additional 102,597 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Chemed by 160.9% in the second quarter. AQR Capital Management LLC now owns 201,041 shares of the company’s stock worth $97,893,000 after buying an additional 123,982 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Chemed during the second quarter valued at approximately $89,388,000. 95.85% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CHE. Oppenheimer reduced their price target on shares of Chemed from $580.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Jefferies Financial Group downgraded Chemed from a “buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Zacks Research lowered Chemed from a “hold” rating to a “strong sell” rating in a report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Chemed in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $422.00 price target (down from $572.00) on shares of Chemed in a report on Friday, February 27th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Chemed presently has a consensus rating of “Hold” and an average target price of $498.00.

Chemed Stock Down 1.0%

CHE opened at $408.06 on Friday. The stock has a market capitalization of $5.62 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 1.63 and a beta of 0.46. The firm has a 50 day moving average price of $444.21 and a 200-day moving average price of $442.86. Chemed Corporation has a twelve month low of $385.00 and a twelve month high of $623.60.

Chemed (NYSE:CHE) last issued its earnings results on Wednesday, February 25th. The company reported $6.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.02 by ($0.60). The company had revenue of $639.34 million during the quarter, compared to analysts’ expectations of $659.09 million. Chemed had a return on equity of 25.66% and a net margin of 10.48%.The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.83 EPS. Chemed has set its FY 2026 guidance at 23.250-24.250 EPS. As a group, analysts expect that Chemed Corporation will post 21.43 earnings per share for the current year.

Chemed Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, February 23rd will be issued a $0.60 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $2.40 annualized dividend and a dividend yield of 0.6%. Chemed’s payout ratio is presently 13.06%.

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.