Cerity Partners LLC Has $3.25 Million Holdings in ChampionX Co. (NASDAQ:CHX)

Cerity Partners LLC decreased its holdings in ChampionX Co. (NASDAQ:CHX) by 24.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,379 shares of the company’s stock after selling 36,659 shares during the quarter. Cerity Partners LLC owned 0.06% of ChampionX worth $3,245,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in ChampionX by 153.2% in the fourth quarter. Jones Financial Companies Lllp now owns 924 shares of the company’s stock valued at $25,000 after purchasing an additional 559 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of ChampionX by 1,051.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,889 shares of the company’s stock valued at $51,000 after buying an additional 1,725 shares in the last quarter. R Squared Ltd bought a new stake in shares of ChampionX during the 4th quarter worth approximately $103,000. Vestcor Inc increased its stake in ChampionX by 71.6% in the fourth quarter. Vestcor Inc now owns 5,032 shares of the company’s stock valued at $137,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in ChampionX by 82,557.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 5,786 shares of the company’s stock valued at $157,000 after purchasing an additional 5,779 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

ChampionX Stock Up 0.0 %

NASDAQ CHX opened at $24.48 on Tuesday. The business has a fifty day moving average price of $28.39 and a two-hundred day moving average price of $29.10. The stock has a market capitalization of $4.67 billion, a PE ratio of 14.84 and a beta of 1.81. ChampionX Co. has a fifty-two week low of $21.92 and a fifty-two week high of $37.83. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.99 and a quick ratio of 1.36.

ChampionX (NASDAQ:CHX) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.03. ChampionX had a return on equity of 19.84% and a net margin of 8.81%. Equities analysts expect that ChampionX Co. will post 1.92 earnings per share for the current fiscal year.

ChampionX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 4th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, April 4th. ChampionX’s dividend payout ratio (DPR) is 23.03%.

ChampionX Company Profile

ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies.