ChampionX Co. (NASDAQ:CHX) Shares Acquired by Swiss National Bank

Swiss National Bank raised its holdings in shares of ChampionX Co. (NASDAQ:CHX) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 374,722 shares of the company’s stock after buying an additional 3,100 shares during the quarter. Swiss National Bank’s holdings in ChampionX were worth $10,189,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Jones Financial Companies Lllp increased its holdings in shares of ChampionX by 153.2% during the 4th 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 increased its holdings in shares of ChampionX by 1,051.8% during the 4th quarter. Venturi Wealth Management LLC now owns 1,889 shares of the company’s stock valued at $51,000 after purchasing an additional 1,725 shares in the last quarter. R Squared Ltd purchased a new position in shares of ChampionX during the 4th quarter valued at approximately $103,000. KBC Group NV increased its holdings in shares of ChampionX by 18.3% during the 3rd quarter. KBC Group NV now owns 5,827 shares of the company’s stock valued at $176,000 after purchasing an additional 903 shares in the last quarter. Finally, Ieq Capital LLC purchased a new position in shares of ChampionX during the 4th quarter valued at approximately $228,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

ChampionX Price Performance

NASDAQ:CHX opened at $29.60 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.99 and a quick ratio of 1.36. The firm has a market cap of $5.65 billion, a price-to-earnings ratio of 17.94 and a beta of 2.28. The company has a 50 day moving average price of $29.30 and a 200-day moving average price of $29.45. ChampionX Co. has a 1-year low of $25.57 and a 1-year high of $39.95.

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

ChampionX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 4th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.28%. The ex-dividend date is Friday, April 4th. ChampionX’s payout ratio is presently 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.