Top 5 Stock Picks of Minerva Advisors

4. Chase Corporation (NYSE:CCF)

Minerva Advisors’ Stake Value:  $10,451,000

Percentage of Minerva Advisors’ 13F Portfolio: 6.67%

Number of Hedge Fund Holders: 11

Chase Corporation (NYSE:CCF) is a specialty chemicals firm that makes and distributes protective products for a variety of uses all over the world. It works in three divisions: Adhesives, Sealants, and Additives, Industrial Tapes, Corrosion Protection, and Waterproofing.

Chase Corporation’s (NYSE:CCF) total revenue for the second quarter of 2022 grew 8% to $74 million, compared to the second quarter of 2021. Chase Corporation’s (NYSE:CCF) also ended the second quarter of FY 2022 with a cash balance of $116.0 million and a fully available $200 million revolving credit facility, following the biggest ever dividend distribution of $9.5 million in the second quarter.

CNN’s analysts consensus have a ‘Buy’ rating for Chase Corporation (NYSE:CCF) with a price target of $27. This rating has held steady and constant since November 2021.