Church & Dwight Co., Inc. $CHD Holdings Cut by Forbes J M & Co. LLP

Forbes J M & Co. LLP lowered its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 7.9% during the second quarter, HoldingsChannel.com reports. The fund owned 7,850 shares of the company’s stock after selling 670 shares during the period. Forbes J M & Co. LLP’s holdings in Church & Dwight were worth $754,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Church & Dwight by 2.4% in the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after acquiring an additional 750,575 shares during the last quarter. Northern Trust Corp lifted its holdings in Church & Dwight by 2.6% in the first quarter. Northern Trust Corp now owns 3,097,722 shares of the company’s stock worth $341,028,000 after acquiring an additional 79,170 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Church & Dwight by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,558,231 shares of the company’s stock worth $281,636,000 after acquiring an additional 153,270 shares during the last quarter. American Century Companies Inc. lifted its holdings in Church & Dwight by 48.3% in the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock worth $232,845,000 after acquiring an additional 688,863 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Church & Dwight by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,474,870 shares of the company’s stock worth $162,368,000 after acquiring an additional 26,286 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company cut their price target on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Truist Financial set a $110.00 price target on Church & Dwight and gave the company a “buy” rating in a report on Friday, June 6th. Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 21st. Barclays cut their price target on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Finally, Redburn Partners set a $83.00 price target on Church & Dwight in a report on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $103.44.

Insider Buying and Selling

In related news, EVP Michael Read purchased 2,000 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were bought at an average price of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Richard A. Dierker purchased 5,470 shares of the company’s stock in a transaction on Tuesday, August 12th. The stock was 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 of the company’s stock, valued at $2,491,802.84. This represents a 25.16% increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock valued at $1,177,702 over the last quarter. Corporate insiders own 1.20% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $87.67 on Wednesday. Church & Dwight Co., Inc. has a 12 month low of $85.08 and a 12 month high of $116.46. The stock has a market cap of $21.36 billion, a price-to-earnings ratio of 41.35, a PEG ratio of 3.56 and a beta of 0.44. The stock’s 50 day moving average price is $92.59 and its 200 day moving average price is $97.17. 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 (NYSE:CHD) 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. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The firm 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 company earned $0.93 earnings per share. The firm’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. Equities research analysts anticipate 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 announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 annualized dividend and a yield of 1.3%. Church & Dwight’s payout ratio is presently 55.66%.

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.