Carnegie Investment Counsel grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 142,852 shares of the company’s stock after purchasing an additional 3,076 shares during the period. Carnegie Investment Counsel’s holdings in Church & Dwight were worth $13,729,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Wayfinding Financial LLC bought a new position in Church & Dwight in the first quarter valued at about $40,000. Chilton Capital Management LLC raised its position in Church & Dwight by 90.9% in the first quarter. Chilton Capital Management LLC now owns 420 shares of the company’s stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Motco bought a new position in Church & Dwight in the first quarter valued at about $46,000. North Capital Inc. bought a new position in shares of Church & Dwight during the first quarter worth about $47,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of Church & Dwight during the second quarter worth about $45,000. 86.60% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
CHD has been the topic of a number of analyst reports. Bank of America reduced their price objective on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Redburn Partners set a $83.00 price target on Church & Dwight in a report on Monday, July 14th. Rothschild & Co Redburn lowered shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 price objective for the company. in a research note on Monday, July 14th. Redburn Atlantic downgraded shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Seven investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $100.00.
Insider Buying and Selling at Church & Dwight
In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the transaction, the chief executive officer directly owned 27,212 shares in the company, valued at $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lee B. Mcchesney bought 5,409 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was 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 of the company’s stock, valued at $494,274.42. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 12,879 shares of company stock worth $1,177,702 over the last ninety days. Insiders own 2.00% of the company’s stock.
Church & Dwight Price Performance
Church & Dwight stock opened at $86.68 on Friday. The company’s 50 day moving average price is $90.53 and its two-hundred day moving average price is $94.92. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 52 week low of $85.08 and a 52 week high of $116.46. The stock has a market cap of $21.12 billion, a P/E ratio of 40.89, a P/E/G ratio of 3.79 and a beta of 0.43.
Church & Dwight (NYSE:CHD – Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The company’s revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 EPS. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.
Church & Dwight Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a $0.295 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.4%. 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.
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