Allspring Global Investments Holdings LLC Boosts Holdings in Church & Dwight Co., Inc. $CHD

Allspring Global Investments Holdings LLC boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.9% in the second quarter, HoldingsChannel reports. The fund owned 3,269,079 shares of the company’s stock after purchasing an additional 29,369 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Church & Dwight were worth $319,193,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CHD. Harbor Capital Advisors Inc. purchased a new stake in Church & Dwight during the first quarter valued at approximately $468,000. GAMMA Investing LLC lifted its position in Church & Dwight by 14.4% during the first quarter. GAMMA Investing LLC now owns 7,829 shares of the company’s stock valued at $862,000 after acquiring an additional 983 shares during the last quarter. CX Institutional acquired a new position in Church & Dwight during the 1st quarter valued at approximately $206,000. Simon Quick Advisors LLC acquired a new position in Church & Dwight during the 1st quarter valued at approximately $209,000. Finally, Fifth Third Bancorp increased its stake in Church & Dwight by 4.1% during the 1st quarter. Fifth Third Bancorp now owns 13,936 shares of the company’s stock valued at $1,534,000 after purchasing an additional 549 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling

In other news, CEO Richard A. Dierker purchased 5,470 shares of the stock in a transaction that occurred 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 completion of the acquisition, the chief executive officer owned 27,212 shares of the company’s stock, valued at approximately $2,491,802.84. This represents a 25.16% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Read purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were purchased at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the completion of the acquisition, the executive vice president directly owned 7,505 shares of the company’s stock, valued at $684,981.35. This represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 12,879 shares of company stock valued at $1,177,702. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on CHD shares. UBS Group cut their price target on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. Bank of America cut their price target on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Barclays cut their price target on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research note on Monday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Church & Dwight in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company cut their price target on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $100.88.

Church & Dwight Stock Down 0.0%

NYSE:CHD opened at $87.61 on Monday. The firm has a market capitalization of $21.34 billion, a P/E ratio of 41.33, a PEG ratio of 3.65 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. The company’s fifty day moving average price is $91.38 and its 200-day moving average price is $96.03. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The firm 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%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. Church & Dwight’s dividend payout ratio is 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.