Church & Dwight Co., Inc. $CHD Holdings Decreased by Carret Asset Management LLC

Carret Asset Management LLC reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,402 shares of the company’s stock after selling 1,000 shares during the quarter. Carret Asset Management LLC’s holdings in Church & Dwight were worth $5,421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Savvy Advisors Inc. raised its stake in shares of Church & Dwight by 22.6% during the second quarter. Savvy Advisors Inc. now owns 2,399 shares of the company’s stock valued at $231,000 after purchasing an additional 443 shares in the last quarter. New York Life Investment Management LLC raised its stake in shares of Church & Dwight by 1.4% during the second quarter. New York Life Investment Management LLC now owns 36,899 shares of the company’s stock valued at $3,546,000 after purchasing an additional 516 shares in the last quarter. Purkiss Capital Advisors LLC raised its stake in shares of Church & Dwight by 25.4% during the second quarter. Purkiss Capital Advisors LLC now owns 2,365 shares of the company’s stock valued at $227,000 after purchasing an additional 479 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Church & Dwight by 49.8% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 196,493 shares of the company’s stock valued at $18,885,000 after purchasing an additional 65,300 shares in the last quarter. Finally, Advisory Alpha LLC raised its stake in shares of Church & Dwight by 9.8% during the second quarter. Advisory Alpha LLC now owns 3,316 shares of the company’s stock valued at $319,000 after purchasing an additional 296 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Evercore ISI cut their price objective on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 4th. UBS Group dropped their price target on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Barclays dropped their price target on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Finally, Wells Fargo & Company dropped 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. Seven 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’s stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average target price of $100.00.

Insider Activity at Church & Dwight

In other news, CEO Richard A. Dierker purchased 5,470 shares of the 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 owned 27,212 shares in the company, valued at $2,491,802.84. This represents a 25.16% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Read purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average cost of $91.27 per share, with a total value of $182,540.00. Following the purchase, the executive vice president owned 7,505 shares in the company, valued at $684,981.35. This represents a 36.33% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 12,879 shares of company stock valued at $1,177,702. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Trading Down 3.0%

NYSE:CHD opened at $81.75 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. Church & Dwight Co., Inc. has a fifty-two week low of $81.69 and a fifty-two week high of $116.46. The stock’s 50-day moving average is $89.80 and its two-hundred day moving average is $94.30. The stock has a market cap of $19.91 billion, a PE ratio of 38.56, a price-to-earnings-growth ratio of 3.63 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter in the previous year, the business posted $0.93 EPS. The business’s revenue for the quarter 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 research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a $0.295 dividend. 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 presently 55.66%.

Church & Dwight 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.