Church & Dwight Co., Inc. $CHD Shares Sold by M. Kraus & Co

M. Kraus & Co cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.4% during the second quarter, HoldingsChannel.com reports. The firm owned 101,962 shares of the company’s stock after selling 1,490 shares during the period. Church & Dwight accounts for 2.9% of M. Kraus & Co’s portfolio, making the stock its 14th biggest position. M. Kraus & Co’s holdings in Church & Dwight were worth $9,800,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. IFP Advisors Inc increased its position in shares of Church & Dwight by 25.7% during the second quarter. IFP Advisors Inc now owns 2,953 shares of the company’s stock worth $286,000 after purchasing an additional 603 shares in the last quarter. Callan Family Office LLC increased its position in shares of Church & Dwight by 91.1% in the 2nd quarter. Callan Family Office LLC now owns 4,364 shares of the company’s stock valued at $419,000 after acquiring an additional 2,080 shares during the period. Maryland State Retirement & Pension System increased its position in shares of Church & Dwight by 5.0% in the 2nd quarter. Maryland State Retirement & Pension System now owns 11,971 shares of the company’s stock valued at $1,151,000 after acquiring an additional 567 shares during the period. Sax Wealth Advisors LLC acquired a new position in shares of Church & Dwight in the 2nd quarter valued at $227,000. Finally, KLP Kapitalforvaltning AS increased its position in shares of Church & Dwight by 1.6% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 146,600 shares of the company’s stock valued at $14,090,000 after acquiring an additional 2,300 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CHD shares. Citigroup cut their target price on Church & Dwight from $88.00 to $85.00 and set a “sell” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. cut their target price on Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Church & Dwight in a research report on Wednesday. Bank of America cut their target price on Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Wells Fargo & Company cut their target price on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $100.88.

Insider Transactions at Church & Dwight

In other news, EVP Michael Read bought 2,000 shares of the stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average cost of $91.27 per share, with a total value of $182,540.00. Following the purchase, the executive vice president directly owned 7,505 shares in the company, valued at $684,981.35. The trade was a 36.33% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Lee B. Mcchesney bought 5,409 shares of the stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the completion of the purchase, the executive vice president owned 5,409 shares in the company, valued at approximately $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock valued at $1,177,702 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Price Performance

NYSE:CHD opened at $87.58 on Friday. Church & Dwight Co., Inc. has a one year low of $85.08 and a one year high of $116.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. The firm has a market cap of $21.34 billion, a price-to-earnings ratio of 41.31, a PEG ratio of 3.67 and a beta of 0.43. The firm’s fifty day moving average is $91.51 and its two-hundred day moving average is $96.31.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company earned $0.93 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight’s dividend payout ratio is presently 55.66%.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.