Ameriprise Financial Inc. Sells 991,067 Shares of Church & Dwight Co., Inc. $CHD

Ameriprise Financial Inc. decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 64.9% in the first quarter, HoldingsChannel reports. The firm owned 536,331 shares of the company’s stock after selling 991,067 shares during the quarter. Ameriprise Financial Inc.’s holdings in Church & Dwight were worth $59,212,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Advisory Alpha LLC lifted its stake in Church & Dwight by 3.7% in the first quarter. Advisory Alpha LLC now owns 2,707 shares of the company’s stock worth $298,000 after purchasing an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Church & Dwight by 0.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 21,115 shares of the company’s stock valued at $2,325,000 after acquiring an additional 110 shares during the period. Versant Capital Management Inc lifted its position in Church & Dwight by 42.1% during the first quarter. Versant Capital Management Inc now owns 378 shares of the company’s stock valued at $42,000 after purchasing an additional 112 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in Church & Dwight by 19.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the company’s stock valued at $76,000 after purchasing an additional 112 shares during the period. Finally, KFG Wealth Management LLC raised its position in shares of Church & Dwight by 2.2% in the first quarter. KFG Wealth Management LLC now owns 5,476 shares of the company’s stock worth $603,000 after acquiring an additional 119 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research analyst reports. Cowen downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating in a research report on Tuesday, May 6th. Morgan Stanley reduced their price objective on shares of Church & Dwight from $110.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, May 5th. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Redburn Atlantic downgraded shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a report on Monday, July 14th. Finally, Wall Street Zen upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $103.94.

Church & Dwight Stock Performance

Shares of CHD stock opened at $93.04 on Thursday. Church & Dwight Co., Inc. has a one year low of $90.50 and a one year 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. The company has a 50 day moving average price of $95.34 and a 200 day moving average price of $100.07. The firm has a market capitalization of $22.66 billion, a price-to-earnings ratio of 43.89, a price-to-earnings-growth ratio of 3.82 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping 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 analyst estimates of $1.48 billion. During the same quarter in the prior year, the business posted $0.93 earnings per share. Church & Dwight’s revenue for the quarter 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. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be given a $0.295 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. Church & Dwight’s dividend payout ratio is presently 55.66%.

Insider Buying and Selling

In other Church & Dwight news, CEO Richard A. Dierker acquired 5,470 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was bought at an average price of $91.57 per share, with a total value 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 approximately $2,491,802.84. The trade was a 25.16% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michael Read acquired 2,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average cost of $91.27 per share, with a total value of $182,540.00. Following the transaction, the executive vice president directly owned 7,505 shares of the company’s stock, valued at approximately $684,981.35. This represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 12,879 shares of company stock valued at $1,177,702 and have sold 32,915 shares valued at $3,251,150. 2.00% of the stock is currently owned by insiders.

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.