Cim LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 3.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,275 shares of the company’s stock after acquiring an additional 1,066 shares during the quarter. Cim LLC’s holdings in Church & Dwight were worth $3,883,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Modern Wealth Management LLC bought a new stake in Church & Dwight in the 1st quarter valued at about $668,000. Jacobi Capital Management LLC boosted its holdings in Church & Dwight by 24.5% in the 1st quarter. Jacobi Capital Management LLC now owns 3,612 shares of the company’s stock valued at $398,000 after purchasing an additional 711 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Church & Dwight by 54.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,063 shares of the company’s stock valued at $117,000 after purchasing an additional 376 shares during the period. IFM Investors Pty Ltd boosted its holdings in Church & Dwight by 1.7% in the 1st quarter. IFM Investors Pty Ltd now owns 46,877 shares of the company’s stock valued at $5,161,000 after purchasing an additional 782 shares during the period. Finally, Focus Partners Wealth boosted its holdings in Church & Dwight by 13.1% in the 1st quarter. Focus Partners Wealth now owns 19,821 shares of the company’s stock valued at $2,182,000 after purchasing an additional 2,303 shares during the period. Institutional investors own 86.60% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. UBS Group boosted their price objective on shares of Church & Dwight from $102.00 to $103.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a report on Monday, July 14th. Redburn Atlantic cut shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Finally, Wells Fargo & Company upped their price objective on shares of Church & Dwight from $105.00 to $108.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $103.94.
Insider Activity at Church & Dwight
In related news, EVP Lee B. Mcchesney acquired 5,409 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the transaction, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Michael Read acquired 2,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 7,505 shares in the company, valued at $684,981.35. This represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 12,879 shares of company stock valued at $1,177,702 in the last quarter. 2.00% of the stock is owned by company insiders.
Church & Dwight Trading Up 1.6%
CHD opened at $94.44 on Friday. Church & Dwight Co., Inc. has a twelve month low of $90.50 and a twelve month high of $116.46. The company has a 50-day simple moving average of $94.79 and a 200 day simple moving average of $99.20. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $23.01 billion, a price-to-earnings ratio of 44.55, a P/E/G ratio of 3.84 and a beta of 0.44.
Church & Dwight (NYSE:CHD – Get Free Report) last issued 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. The firm had revenue of $1.51 billion during 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 business’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 earnings per share. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.
Church & Dwight Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, August 15th. Church & Dwight’s dividend payout ratio is currently 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.
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