Patten Group Inc. Reduces Stock Holdings in Church & Dwight Co., Inc. $CHD

Patten Group Inc. decreased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,085 shares of the company’s stock after selling 201 shares during the quarter. Patten Group Inc.’s holdings in Church & Dwight were worth $585,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Oregon Public Employees Retirement Fund lifted its stake in shares of Church & Dwight by 0.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 21,115 shares of the company’s stock worth $2,325,000 after acquiring an additional 110 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Church & Dwight by 19.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the company’s stock worth $76,000 after acquiring an additional 112 shares during the last quarter. Manchester Capital Management LLC lifted its stake in shares of Church & Dwight by 3.8% during the 1st quarter. Manchester Capital Management LLC now owns 3,243 shares of the company’s stock worth $357,000 after acquiring an additional 119 shares during the last quarter. Choreo LLC lifted its stake in shares of Church & Dwight by 3.1% during the 1st quarter. Choreo LLC now owns 4,052 shares of the company’s stock worth $446,000 after acquiring an additional 122 shares during the last quarter. Finally, ORG Partners LLC lifted its stake in shares of Church & Dwight by 13.5% during the 2nd quarter. ORG Partners LLC now owns 1,058 shares of the company’s stock worth $104,000 after acquiring an additional 126 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Analysts Set New Price Targets

CHD has been the subject of a number of research analyst reports. Citigroup decreased their target price on Church & Dwight from $88.00 to $85.00 and set a “sell” rating for the company in a research report on Thursday, October 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Oppenheimer set a $100.00 target price on Church & Dwight and gave the company an “outperform” rating in a research report on Tuesday. Redburn Atlantic lowered Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Finally, Barclays decreased their target price on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $100.00.

Insider Transactions at Church & Dwight

In other news, EVP Lee B. Mcchesney bought 5,409 shares of Church & Dwight stock in a transaction on Friday, August 8th. The stock was acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the acquisition, the executive vice president directly owned 5,409 shares of the company’s stock, valued at $494,274.42. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Richard A. Dierker bought 5,470 shares of Church & Dwight stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $91.57 per share, with a total value of $500,887.90. Following the acquisition, 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 disclosure for this purchase can be found here. Insiders have purchased 12,879 shares of company stock worth $1,177,702 over the last quarter. 2.00% of the stock is currently owned by insiders.

Church & Dwight Stock Up 0.1%

Shares of CHD stock opened at $88.05 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. The stock’s fifty day moving average price is $90.65 and its 200 day moving average price is $95.03. The company has a market cap of $21.45 billion, a price-to-earnings ratio of 41.53, a price-to-earnings-growth ratio of 3.79 and a beta of 0.43. Church & Dwight Co., Inc. has a 1-year low of $85.08 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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, research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a $0.295 dividend. The ex-dividend date was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.3%. 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.