---
title: "Chemed edges higher on report activist Barington has taken a stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288598544.md"
description: "Chemed (CHE) shares rose 2% following reports that activist investor Barington Capital has taken a stake and proposed adding Chan Galbato to its board. Barington believes Chemed can improve its businesses but has not urged a split-up. Talks with management are ongoing, while the stock has dropped 27% over the past year."
datetime: "2026-06-03T14:59:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288598544.md)
  - [en](https://longbridge.com/en/news/288598544.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288598544.md)
generator: "portal-rs"
---

# Chemed edges higher on report activist Barington has taken a stake

Chemed (CHE) ticked higher by 2% amid a report that activist investor Barington Capital has accumulated a stake in the healthcare services company and proposed a new board director. The fund believes Chemed (CHE) can improve its businesses and suggested adding Chan Galbato, former CEO of Cerberus Capital Management’s operations platform, to the com...

### Related Stocks

- [CHE.US](https://longbridge.com/en/quote/CHE.US.md)

## Related News & Research

- [Chemed (NYSE:CHE) Posts Earnings Results](https://longbridge.com/en/news/294127496.md)
- [Chemed Corporation (NYSE:CHE) to Issue Dividend Increase - $0.70 Per Share](https://longbridge.com/en/news/295234954.md)
- [Chemed declares quarterly dividend of 70 cents a share](https://longbridge.com/en/news/295126359.md)
- [Chemed Corporation (NYSE:CHE) Given Consensus Rating of "Hold" by Analysts](https://longbridge.com/en/news/294342032.md)
- [Chemed director Patrick P. Grace sells 190 shares for $101,080](https://longbridge.com/en/news/294726666.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**