Allspring Global Investments Holdings LLC Acquires 29,369 Shares of Church & Dwight Co., Inc. $CHD

Allspring Global Investments Holdings LLC lifted its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,269,079 shares of the company’s stock after buying an additional 29,369 shares during the period. Allspring Global Investments Holdings LLC owned about 1.33% of Church & Dwight worth $319,193,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC grew its holdings in Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company’s stock valued at $30,000 after purchasing an additional 130 shares during the last quarter. Wayfinding Financial LLC bought a new position in Church & Dwight during the 1st quarter valued at about $40,000. Opal Wealth Advisors LLC bought a new position in Church & Dwight during the 2nd quarter valued at about $45,000. Chilton Capital Management LLC grew its holdings in Church & Dwight by 90.9% during the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company’s stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Finally, Motco bought a new position in Church & Dwight during the 1st quarter valued at about $46,000. 86.60% of the stock is currently owned by institutional investors.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CEO Richard A. Dierker purchased 5,470 shares of the stock in a transaction dated Tuesday, August 12th. The stock was purchased at an average price of $91.57 per share, with a total value of $500,887.90. Following the transaction, the chief executive officer owned 27,212 shares of the company’s stock, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read purchased 2,000 shares of the 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 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. In the last quarter, insiders acquired 12,879 shares of company stock valued at $1,177,702. Company insiders own 1.20% of the company’s stock.

Church & Dwight Price Performance

Church & Dwight stock opened at $87.61 on Monday. The firm has a 50-day moving average of $91.38 and a two-hundred day moving average of $96.03. Church & Dwight Co., Inc. has a 1 year low of $85.08 and a 1 year high of $116.46. The stock has a market cap of $21.34 billion, a price-to-earnings ratio of 41.33, a price-to-earnings-growth ratio of 3.65 and a beta of 0.43. 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 quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share 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 analysts’ expectations of $1.48 billion. During the same quarter in the prior year, the company earned $0.93 EPS. The company’s 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. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts recently commented on CHD shares. Evercore ISI cut their price target on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. cut their price target on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Citigroup lowered their price objective on shares of Church & Dwight from $88.00 to $85.00 and set a “sell” rating for the company in a research report on Thursday. Finally, UBS Group lowered their price objective on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average target price of $100.88.

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.