Allianz Asset Management GmbH Decreases Holdings in Church & Dwight Co., Inc. $CHD

Allianz Asset Management GmbH decreased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 20.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,187 shares of the company’s stock after selling 16,878 shares during the period. Allianz Asset Management GmbH’s holdings in Church & Dwight were worth $6,169,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds 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 position in shares of Church & Dwight by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock valued at $3,461,410,000 after purchasing an additional 750,575 shares during the last quarter. American Century Companies Inc. raised its holdings in Church & Dwight by 48.3% during the 1st 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 period. Jacobs Levy Equity Management Inc. purchased a new stake in Church & Dwight during the 1st quarter valued at $35,521,000. Finally, Citigroup Inc. lifted its position in Church & Dwight by 143.1% in the first quarter. Citigroup Inc. now owns 541,393 shares of the company’s stock worth $59,602,000 after buying an additional 318,706 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

Shares of CHD stock opened at $88.05 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. The company has a market capitalization of $21.45 billion, a P/E ratio of 41.53, a P/E/G ratio of 3.79 and a beta of 0.43. The company’s 50-day simple moving average is $90.65 and its two-hundred day simple moving average is $95.03. Church & Dwight Co., Inc. has a one year low of $85.08 and a one year high of $116.46.

Church & Dwight (NYSE:CHD) last posted its quarterly 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 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 the consensus estimate of $1.48 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. 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 anticipate 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. Investors of record on Friday, August 15th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 15th. Church & Dwight’s payout ratio is presently 55.66%.

Analysts Set New Price Targets

CHD has been the topic of a number of analyst reports. Wells Fargo & Company cut their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of Church & Dwight in a report on Wednesday, October 8th. Barclays cut their price target on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Citigroup reduced their price objective on shares of Church & Dwight from $88.00 to $85.00 and set a “sell” rating on the stock in a research report on Thursday, October 9th. Finally, Redburn Atlantic lowered Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $100.00.

Insider Buying and Selling

In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were bought at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the acquisition, the chief executive officer directly owned 27,212 shares in the company, valued at approximately $2,491,802.84. The trade was a 25.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Read bought 2,000 shares of the business’s stock in a transaction on Tuesday, August 5th. The shares were acquired at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the transaction, the executive vice president directly owned 7,505 shares in the company, valued at approximately $684,981.35. This trade represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 12,879 shares of company stock valued at $1,177,702 over the last three months. 2.00% of the stock is owned by company 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.