Stephens Inc. AR boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 33.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,929 shares of the company’s stock after purchasing an additional 5,486 shares during the period. Stephens Inc. AR’s holdings in Church & Dwight were worth $2,108,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Nuveen LLC purchased a new stake in Church & Dwight during the first quarter valued at approximately $106,736,000. Vanguard Group Inc. increased its holdings in Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock valued at $3,461,410,000 after buying an additional 750,575 shares during the last quarter. American Century Companies Inc. increased its holdings in Church & Dwight by 48.3% during the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock valued at $232,845,000 after buying an additional 688,863 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new stake in Church & Dwight during the first quarter valued at approximately $35,521,000. Finally, Citigroup Inc. increased its holdings in Church & Dwight by 143.1% during the first quarter. Citigroup Inc. now owns 541,393 shares of the company’s stock valued at $59,602,000 after buying an additional 318,706 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.
Analysts Set New Price Targets
CHD has been the subject of a number of analyst reports. Redburn Atlantic cut shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research note on Monday, July 14th. Bank of America reduced their price objective on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Barclays reduced 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. Wells Fargo & Company reduced their price objective on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. 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 issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $100.00.
Church & Dwight Price Performance
Shares of NYSE:CHD opened at $88.05 on Thursday. 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 fifty day moving average price of $90.65 and a 200 day moving average price of $95.03. Church & Dwight Co., Inc. has a fifty-two week low of $85.08 and a fifty-two week high of $116.46. The firm has a market cap of $21.45 billion, a price-to-earnings ratio of 41.53, a P/E/G ratio of 3.79 and a beta of 0.43.
Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter last year, the business earned $0.93 earnings per share. Church & Dwight’s quarterly revenue was down .3% compared to the same quarter last year. 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, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders 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 yield of 1.3%. Church & Dwight’s dividend payout ratio (DPR) is 55.66%.
Insider Buying and Selling at Church & Dwight
In other Church & Dwight news, CEO Richard A. Dierker acquired 5,470 shares of the stock in a transaction on Tuesday, August 12th. The stock was acquired at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the transaction, the chief executive officer directly 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lee B. Mcchesney acquired 5,409 shares of the stock in a transaction on Friday, August 8th. The shares were acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the transaction, the executive vice president directly owned 5,409 shares of the company’s stock, valued at $494,274.42. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 12,879 shares of company stock worth $1,177,702 over the last 90 days. 2.00% of the stock is owned by insiders.
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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