Church & Dwight Co., Inc. $CHD Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,860 shares of the company’s stock after selling 902 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Church & Dwight were worth $1,524,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CHD. GAMMA Investing LLC increased its position in shares of Church & Dwight by 14.4% during the first quarter. GAMMA Investing LLC now owns 7,829 shares of the company’s stock worth $862,000 after purchasing an additional 983 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Church & Dwight by 46.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 77,927 shares of the company’s stock worth $8,579,000 after purchasing an additional 24,763 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of Church & Dwight during the first quarter worth $221,000. QRG Capital Management Inc. increased its position in shares of Church & Dwight by 11.4% during the first quarter. QRG Capital Management Inc. now owns 18,197 shares of the company’s stock worth $2,003,000 after purchasing an additional 1,863 shares in the last quarter. Finally, CWA Asset Management Group LLC increased its position in shares of Church & Dwight by 116.0% in the 1st quarter. CWA Asset Management Group LLC now owns 7,144 shares of the company’s stock valued at $786,000 after acquiring an additional 3,836 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. cut their target price on Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Evercore ISI cut their target price on Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 4th. Barclays cut their target price on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $100.88.

Insider Transactions at Church & Dwight

In other news, EVP Lee B. Mcchesney bought 5,409 shares of the stock in a transaction dated Friday, August 8th. The shares were acquired at an average cost of $91.38 per share, with a total value of $494,274.42. Following the purchase, the executive vice president directly 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 available through the SEC website. Also, EVP Michael Read purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was bought at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the completion of the purchase, the executive vice president directly owned 7,505 shares in the company, valued at $684,981.35. This represents a 36.33% 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 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Up 1.5%

CHD stock opened at $88.56 on Friday. The company’s 50-day simple moving average is $90.92 and its 200-day simple moving average is $95.45. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 52-week low of $85.08 and a 52-week high of $116.46. The firm has a market cap of $21.57 billion, a P/E ratio of 41.78, a PEG ratio of 3.75 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (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 business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company posted $0.93 EPS. The company’s revenue for the quarter 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 forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a dividend of $0.295 per share. 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%.

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.