Integrated Wealth Concepts LLC Increases Stake in Chemed Corporation $CHE

Integrated Wealth Concepts LLC raised its position in Chemed Corporation (NYSE:CHE) by 9.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 27,774 shares of the company’s stock after acquiring an additional 2,461 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.21% of Chemed worth $12,936,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC raised its holdings in Chemed by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 734 shares of the company’s stock worth $314,000 after purchasing an additional 22 shares in the last quarter. Cim LLC boosted its holdings in Chemed by 1.1% in 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 in the last quarter. Eukles Asset Management increased its position in Chemed by 0.4% during the 4th quarter. Eukles Asset Management now owns 6,056 shares of the company’s stock worth $2,591,000 after purchasing an additional 25 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in Chemed by 65.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 81 shares of the company’s stock worth $38,000 after purchasing an additional 32 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Chemed by 9.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 406 shares of the company’s stock worth $153,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 95.85% of the company’s stock.

Chemed Price Performance

Chemed stock opened at $518.12 on Thursday. The stock has a market capitalization of $6.77 billion, a P/E ratio of 26.02, a P/E/G ratio of 1.97 and a beta of 0.51. Chemed Corporation has a 12-month low of $365.20 and a 12-month high of $557.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.91 and a quick ratio of 0.89. The firm’s 50-day moving average is $519.73 and its two-hundred day moving average is $452.69.

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

Chemed Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Chemed’s previous quarterly dividend of $0.60. Chemed’s dividend payout ratio is currently 14.06%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, Director Patrick P. Grace sold 190 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $532.00, for a total value of $101,080.00. Following the completion of the transaction, the director directly owned 3,533 shares in the company, valued at approximately $1,879,556. This represents a 5.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Kevin J. Mcnamara sold 2,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $539.51, for a total value of $1,079,020.00. Following the transaction, the chief executive officer owned 70,418 shares in the company, valued at $37,991,215.18. This trade represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 5,190 shares of company stock valued at $2,803,460 in the last quarter. 3.33% of the stock is currently owned by company insiders.

Chemed 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.