Wendell David Associates Inc. lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 3.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 161,207 shares of the company’s stock after selling 6,367 shares during the period. Church & Dwight makes up 1.6% of Wendell David Associates Inc.’s portfolio, making the stock its 19th largest holding. Wendell David Associates Inc. owned 0.07% of Church & Dwight worth $15,494,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Stanley Laman Group Ltd. grew its position in shares of Church & Dwight by 17.1% during the 2nd quarter. Stanley Laman Group Ltd. now owns 2,375 shares of the company’s stock worth $228,000 after purchasing an additional 346 shares in the last quarter. Nicholson Wealth Management Group LLC grew its position in shares of Church & Dwight by 1.2% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 14,596 shares of the company’s stock worth $1,403,000 after purchasing an additional 167 shares in the last quarter. Chevy Chase Trust Holdings LLC grew its position in shares of Church & Dwight by 0.8% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 137,634 shares of the company’s stock worth $13,228,000 after purchasing an additional 1,085 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Church & Dwight by 11.9% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,471 shares of the company’s stock worth $430,000 after purchasing an additional 475 shares in the last quarter. Finally, Private Trust Co. NA grew its position in shares of Church & Dwight by 17.4% during the 2nd quarter. Private Trust Co. NA now owns 7,538 shares of the company’s stock worth $724,000 after purchasing an additional 1,119 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Redburn Atlantic lowered shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Evercore ISI cut their price target on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 4th. Redburn Partners set a $83.00 price target on shares of Church & Dwight in a report on Monday, July 14th. Finally, Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 21st. Seven investment 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $100.88.
Church & Dwight Stock Performance
Shares of Church & Dwight stock opened at $88.56 on Friday. The company has a 50 day moving average of $90.92 and a 200-day moving average of $95.36. Church & Dwight Co., Inc. has a 1-year low of $85.08 and a 1-year high of $116.46. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The company has a market cap of $21.57 billion, a PE ratio of 41.78, a price-to-earnings-growth ratio of 3.81 and a beta of 0.43.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The business had revenue of $1.51 billion during 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 firm’s revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, equities research analysts forecast 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 disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.295 dividend. 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 dividend payout ratio is presently 55.66%.
Insider Activity at Church & Dwight
In related news, EVP Michael Read acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was acquired at an average price of $91.27 per share, with a total value of $182,540.00. Following the purchase, 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lee B. Mcchesney acquired 5,409 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was bought at an average cost of $91.38 per share, with a total value of $494,274.42. Following the purchase, the executive vice president owned 5,409 shares in the company, valued at $494,274.42. The trade was a ∞ increase in their ownership of the stock. 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 in the last quarter. Insiders own 2.00% of the company’s stock.
Church & Dwight Company 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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