Ritholtz Wealth Management Has $818,000 Position in Church & Dwight Co., Inc. $CHD

Ritholtz Wealth Management cut its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,509 shares of the company’s stock after selling 212 shares during the quarter. Ritholtz Wealth Management’s holdings in Church & Dwight were worth $818,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Boston Trust Walden Corp raised its position in shares of Church & Dwight by 7.8% in the 2nd quarter. Boston Trust Walden Corp now owns 201,620 shares of the company’s stock valued at $19,378,000 after buying an additional 14,523 shares in the last quarter. Morningstar Investment Management LLC acquired a new position in shares of Church & Dwight in the 2nd quarter valued at approximately $337,000. Sequoia Financial Advisors LLC raised its position in shares of Church & Dwight by 10.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 13,076 shares of the company’s stock valued at $1,257,000 after buying an additional 1,284 shares in the last quarter. Vest Financial LLC raised its position in shares of Church & Dwight by 1.4% in the 2nd quarter. Vest Financial LLC now owns 523,019 shares of the company’s stock valued at $50,267,000 after buying an additional 7,034 shares in the last quarter. Finally, MGO One Seven LLC increased its position in Church & Dwight by 1,009.7% during the 2nd quarter. MGO One Seven LLC now owns 34,979 shares of the company’s stock worth $3,362,000 after purchasing an additional 31,827 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Church & Dwight

In other news, EVP Lee B. Mcchesney acquired 5,409 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was bought at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the completion of the transaction, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Richard A. Dierker acquired 5,470 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $91.57 per share, with a total value of $500,887.90. Following the completion of the transaction, the chief executive officer owned 27,212 shares of the company’s stock, valued at $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 12,879 shares of company stock worth $1,177,702 over the last three months. 2.00% of the stock is owned by company insiders.

Church & Dwight Trading Up 1.5%

Shares of NYSE CHD opened at $88.56 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. Church & Dwight Co., Inc. has a 52-week low of $85.08 and a 52-week high of $116.46. The firm has a 50 day moving average price of $90.92 and a two-hundred day moving average price of $95.36. The stock has a market cap of $21.57 billion, a P/E ratio of 41.78, a price-to-earnings-growth ratio of 3.81 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share (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 firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the prior year, the company posted $0.93 EPS. The company’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. As a group, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CHD shares. Citigroup dropped their price objective on shares of Church & Dwight from $88.00 to $85.00 and set a “sell” rating for the company in a research note on Thursday, October 9th. Barclays dropped their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a research note on Monday, August 4th. Redburn Atlantic downgraded shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research note on Monday, July 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Church & Dwight in a research note on Wednesday, October 8th. Finally, Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a research note on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $100.88.

About Church & Dwight

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.