ChampionX (NASDAQ:CHX) Stock Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of ChampionX Co. (NASDAQ:CHX). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in ChampionX stock on April 7th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
• Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

ChampionX Stock Down 0.1%

Shares of ChampionX stock opened at $25.98 on Friday. The stock has a market capitalization of $4.97 billion, a P/E ratio of 15.75 and a beta of 1.52. The company has a quick ratio of 1.36, a current ratio of 1.99 and a debt-to-equity ratio of 0.32. The stock has a 50 day moving average price of $26.40 and a two-hundred day moving average price of $28.19. ChampionX Co. has a 12-month low of $21.92 and a 12-month high of $35.94.

ChampionX (NASDAQ:CHX) last announced its earnings results on Tuesday, April 29th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.09. The firm had revenue of $864.46 million during the quarter, compared to analysts’ expectations of $900.59 million. ChampionX had a return on equity of 19.84% and a net margin of 8.81%. The company’s revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 earnings per share. Equities analysts expect that ChampionX Co. will post 1.92 earnings per share for the current year.

ChampionX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 3rd will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $0.38 dividend on an annualized basis and a yield of 1.46%. ChampionX’s payout ratio is currently 25.17%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus raised their price objective on shares of ChampionX from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, May 5th.

Institutional Investors Weigh In On ChampionX

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of ChampionX by 123.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 246,152 shares of the company’s stock worth $6,693,000 after acquiring an additional 136,132 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of ChampionX by 0.3% in the fourth quarter. Van ECK Associates Corp now owns 2,639,352 shares of the company’s stock worth $71,764,000 after acquiring an additional 9,056 shares during the last quarter. Schroder Investment Management Group acquired a new stake in shares of ChampionX in the fourth quarter worth $472,000. Yakira Capital Management Inc. grew its stake in shares of ChampionX by 29.9% in the fourth quarter. Yakira Capital Management Inc. now owns 218,290 shares of the company’s stock worth $5,935,000 after acquiring an additional 50,300 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in ChampionX in the fourth quarter worth $12,080,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.