Church & Dwight Co., Inc. $CHD Stake Cut by Ballentine Partners LLC

Ballentine Partners LLC lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,251 shares of the company’s stock after selling 654 shares during the quarter. Ballentine Partners LLC’s holdings in Church & Dwight were worth $985,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after purchasing an additional 750,575 shares during the period. Northern Trust Corp lifted its position in Church & Dwight by 2.6% in the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company’s stock worth $341,028,000 after buying an additional 79,170 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Church & Dwight by 6.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,558,231 shares of the company’s stock valued at $281,636,000 after buying an additional 153,270 shares during the period. American Century Companies Inc. grew its holdings in shares of Church & Dwight by 48.3% during the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock valued at $232,845,000 after acquiring an additional 688,863 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Church & Dwight by 1.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,474,870 shares of the company’s stock valued at $162,368,000 after acquiring an additional 26,286 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the purchase, the chief executive officer directly owned 27,212 shares in the company, valued at $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Lee B. Mcchesney bought 5,409 shares of the stock in a transaction 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 acquisition, the executive vice president directly owned 5,409 shares in the company, valued at approximately $494,274.42. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 12,879 shares of company stock valued at $1,177,702. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on CHD shares. UBS Group increased their price objective on Church & Dwight from $102.00 to $103.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Wells Fargo & Company cut their price target on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday. Evercore ISI reduced their price target on Church & Dwight from $102.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 4th. Royal Bank Of Canada raised Church & Dwight from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $100.00 to $114.00 in a research note on Monday, June 2nd. Finally, Barclays dropped their price objective on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $103.44.

Church & Dwight Trading Down 1.1%

NYSE:CHD opened at $85.90 on Friday. The company’s 50 day moving average is $93.20 and its 200-day moving average is $97.73. 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 12 month low of $85.61 and a 12 month high of $116.46. The firm has a market cap of $20.93 billion, a price-to-earnings ratio of 40.52, a P/E/G ratio of 3.59 and a beta of 0.44.

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, beating analysts’ consensus estimates of $0.85 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. Church & Dwight’s revenue was down .3% compared to the same quarter last year. During the same period last year, the business posted $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. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The firm 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 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight’s payout ratio is currently 55.66%.

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.