Blair William & Co. IL reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,827 shares of the company’s stock after selling 14,490 shares during the period. Blair William & Co. IL owned 0.06% of Church & Dwight worth $14,015,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Church & Dwight in the 1st quarter worth approximately $106,736,000. Vanguard Group Inc. raised its holdings in shares of Church & Dwight by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after purchasing an additional 750,575 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock worth $232,845,000 after purchasing an additional 688,863 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Church & Dwight in the 1st quarter worth approximately $41,743,000. Finally, Jacobs Levy Equity Management Inc. bought a new stake in shares of Church & Dwight in the 1st quarter worth approximately $35,521,000. 86.60% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently commented on CHD. Bank of America dropped their target price on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Church & Dwight in a report on Wednesday. Redburn Atlantic lowered shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a report on Monday, July 14th. Wells Fargo & Company cut their price target on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Finally, Citigroup cut their price target on shares of Church & Dwight from $88.00 to $85.00 and set a “sell” rating on the stock in a report on Thursday. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have assigned 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 $100.88.
Insiders Place Their Bets
In other Church & Dwight news, EVP Lee B. Mcchesney bought 5,409 shares of Church & Dwight stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the transaction, the executive vice president owned 5,409 shares in the company, valued at $494,274.42. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Read bought 2,000 shares of Church & Dwight 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 owned 7,505 shares of the company’s stock, valued at $684,981.35. This trade represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 12,879 shares of company stock valued at $1,177,702 over the last ninety days. 2.00% of the stock is currently owned by company insiders.
Church & Dwight Stock Performance
Shares of CHD stock opened at $87.61 on Friday. 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 market capitalization of $21.34 billion, a P/E ratio of 41.33, a price-to-earnings-growth ratio of 3.64 and a beta of 0.43. The company’s 50 day moving average price is $91.38 and its two-hundred day moving average price is $96.19. Church & Dwight Co., Inc. has a 52 week low of $85.08 and a 52 week high of $116.46.
Church & Dwight (NYSE:CHD – Get Free Report) last announced its 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. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the company posted $0.93 EPS. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement
The business 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. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight’s payout ratio is 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.
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