Resona Asset Management Co. Ltd. raised its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 14.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 190,071 shares of the company’s stock after acquiring an additional 23,598 shares during the quarter. Resona Asset Management Co. Ltd. owned about 0.08% of Church & Dwight worth $18,225,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in Church & Dwight during the 2nd quarter worth approximately $45,000. Motco acquired a new stake in shares of Church & Dwight during the first quarter worth $46,000. Zions Bancorporation National Association UT acquired a new stake in shares of Church & Dwight during the first quarter worth $53,000. State of Wyoming bought a new stake in shares of Church & Dwight in the first quarter valued at about $69,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of Church & Dwight by 19.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the company’s stock valued at $76,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on CHD. Wells Fargo & Company lowered their price target on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research report on Monday, July 14th. UBS Group dropped their price target on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Barclays set a $82.00 price target on Church & Dwight and gave the stock an “underweight” rating in a research report on Tuesday. Finally, Redburn Atlantic cut Church & Dwight from a “hold” rating to a “strong sell” rating in a report on Monday, July 14th. Six equities research 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.com, the stock has a consensus rating of “Hold” and a consensus target price of $99.00.
Church & Dwight Trading Down 0.6%
Shares of CHD stock opened at $86.17 on Friday. The stock’s fifty day moving average price is $88.89 and its two-hundred day moving average price is $93.58. The company has a market cap of $20.69 billion, a PE ratio of 40.65, a P/E/G ratio of 3.52 and a beta of 0.42. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week 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.
Church & Dwight (NYSE:CHD – Get Free Report) last posted its quarterly earnings results on Friday, October 31st. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.08. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.Church & Dwight’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.79 EPS. Church & Dwight has set its Q4 2025 guidance at 0.830-0.83 EPS. FY 2025 guidance at 3.490-3.49 EPS. Equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.
Church & Dwight Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.4%. Church & Dwight’s payout ratio is 37.11%.
Insider Transactions at Church & Dwight
In related news, CEO Richard A. Dierker acquired 5,470 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was acquired at an average price of $91.57 per share, with a total value of $500,887.90. Following the purchase, the chief executive officer directly owned 27,212 shares in the company, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by corporate insiders.
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.
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