ChampionX (CHX) News Today

ChampionX (NASDAQ:CHX - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.11). The business had revenue of $893.30 million during the quarter, compared to the consensus estimate of $954.91 million. ChampionX had a return on equity of 21.42% and a net margin of 9.74%. The business's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share.

Vanguard Group Inc. decreased its position in ChampionX Co. (NASDAQ:CHX - Free Report) by 0.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,863,205 shares of the company's stock after selling 169,886 shares during the quarter

Clearbridge Investments LLC lessened its holdings in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 3.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,754,797 shares of the company's

Westfield Capital Management Co. LP lifted its stake in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 13.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,009,418 shares of the c

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 6.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 526,091 shares of th

Sei Investments Co. boosted its position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 18.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 798,936 shares of the company's stock after purchasing an additional 121

ChampionX Co. (NASDAQ:CHX - Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 4,830,000 shares, a drop of 13.1% from the June 15th total of 5,560,000 shares. Currently, 2.6% of the company's shares are short sold. Based on an average daily volume of 1,970,000 shares, the short-interest ratio is presently 2.5 days.

Piper Sandler lowered their price target on ChampionX from $40.00 to $33.00 and set a "neutral" rating for the company in a report on Monday.

Chevy Chase Trust Holdings LLC lowered its holdings in ChampionX Co. (NASDAQ:CHX - Free Report) by 4.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,359,574 shares of the company's stock after selling 69,691 shares

Mutual of America Capital Management LLC trimmed its holdings in ChampionX Co. (NASDAQ:CHX - Free Report) by 17.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 589,093 shares of the company's stock after selling 125,168 sh

Sumitomo Mitsui Trust Holdings Inc. lessened its holdings in ChampionX Co. (NASDAQ:CHX - Free Report) by 2.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,553,836 shares of the company's stock after selling 44,799 shares during

Norden Group LLC increased its stake in ChampionX Co. (NASDAQ:CHX - Free Report) by 2,033.3% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 251,775 shares of the company's stock after buying an additional 239,973 shares duri

ChampionX Co. (NASDAQ:CHX - Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 5,560,000 shares, a decline of 8.9% from the May 31st total of 6,100,000 shares. Based on an average trading volume of 2,460,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.9% of the company's stock are short sold.

Wellington Management Group LLP acquired a new position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 235,566 shares of the company's stock, valued at approximately $6

Vanguard Group Inc. increased its holdings in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,033,091 shares of the company's stock after p

FCF Advisors LLC bought a new position in ChampionX Co. (NASDAQ:CHX - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 42,361 shares of the company's stock, valued at approximately $1,520,000. Other hedge funds

Congress Asset Management Co. MA raised its holdings in ChampionX Co. (NASDAQ:CHX - Free Report) by 2.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,991,117 shares of the company's stock after buying an additional 8

Fisher Asset Management LLC lifted its position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 7.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 365,798 shares of the company's stock after acquiring an additional 24,662 shares during the period.

Congress Asset Management Co. MA cut its stake in ChampionX Co. (NASDAQ:CHX - Free Report) by 6.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,910,491 shares of the company's stock after selling 261,739 shares duri

Hawk Ridge Capital Management LP acquired a new stake in shares of ChampionX Co. (NASDAQ:CHX - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,314,002 shares of the company's stock, valued at approximately $67,592,000. ChampionX makes u

Nebula Research & Development LLC bought a new position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,736 shares of the company's stock, valued

Stifel Financial Corp grew its stake in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 24.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 226,181 shares of the company's stock after buying an additional 44,300

ChampionX Co. (NASDAQ:CHX - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Campbell & CO Investment Adviser LLC lowered its stake in ChampionX Co. (NASDAQ:CHX - Free Report) by 55.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,880 shares of the company's stock after se

Norges Bank purchased a new stake in ChampionX Co. (NASDAQ:CHX - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 382,806 shares of the company's stock, valued at approximately $11,182,000. Norges Bank owne

Eagle Asset Management Inc. raised its position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 671,827 shares of the company's stock after acqui

Franklin Resources Inc. lowered its holdings in ChampionX Co. (NASDAQ:CHX - Free Report) by 13.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 187,977 shares of the company's stock after selling 29,397 shares

Westfield Capital Management Co. LP lifted its position in ChampionX Co. (NASDAQ:CHX - Free Report) by 27.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 891,381 shares of the company's stock after bu

Dimensional Fund Advisors LP boosted its position in ChampionX Co. (NASDAQ:CHX - Free Report) by 11.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,433,718 shares of the company's stock after acquiring

GW&K Investment Management LLC lessened its position in ChampionX Co. (NASDAQ:CHX - Free Report) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,020,151 shares of the company's stock after selling 87,516 shares during

Brown Advisory Inc. boosted its position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,364,676 shares of the company's stock after purchasing an additional 110,956 shares dur

Paradice Investment Management LLC cut its position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 31.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,178,766 shares of the company's stock after selling 536,

Heartland Advisors Inc. reduced its holdings in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 77.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 52,264 shares of the company's stock after selling 18

ChampionX Co. (NASDAQ:CHX) announced a quarterly dividend on Thursday, May 16th. Stockholders of record on Friday, July 5th will be given a dividend of 0.095 per share on Friday, July 26th. This represents a $0.38 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Friday, July 5th.

Boston Partners trimmed its stake in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 3.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,173,154 shares of the company's stock after selling 36,037 shares during the period. Boston P

Swiss National Bank decreased its position in ChampionX Co. (NASDAQ:CHX - Free Report) by 11.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 387,422 shares of the company's stock after selling 47,800 sh

Natixis Advisors L.P. trimmed its holdings in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 17.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 337,356 shares of the company's stock after selling 73,041 shares duri

Fisher Asset Management LLC increased its position in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 365,690 shares of the company's stock after purchas