Thurston Springer Miller Herd & Titak Inc. lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 91.8% during the third quarter, Holdings Channel.com reports. The firm owned 2,112 shares of the company’s stock after selling 23,668 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Church & Dwight were worth $185,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of CHD. Norges Bank purchased a new stake in Church & Dwight in the second quarter worth about $303,907,000. Thrivent Financial for Lutherans increased its stake in Church & Dwight by 3,269.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 896,306 shares of the company’s stock valued at $86,134,000 after purchasing an additional 869,705 shares in the last quarter. Invesco Ltd. lifted its position in Church & Dwight by 25.1% in the 2nd quarter. Invesco Ltd. now owns 3,510,113 shares of the company’s stock valued at $337,357,000 after acquiring an additional 703,171 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its holdings in Church & Dwight by 526.6% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 648,870 shares of the company’s stock worth $62,363,000 after buying an additional 545,318 shares in the last quarter. Finally, Scopus Asset Management L.P. purchased a new position in shares of Church & Dwight during the second quarter valued at approximately $52,050,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms have weighed in on CHD. Oppenheimer set a $100.00 price target on shares of Church & Dwight and gave the stock an “outperform” rating in a research report on Tuesday, October 21st. Argus lowered their target price on Church & Dwight from $110.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, December 4th. UBS Group decreased their price objective on Church & Dwight from $103.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $100.00 price objective (down from $102.00) on shares of Church & Dwight in a research report on Wednesday, December 10th. Finally, Wells Fargo & Company dropped their target price 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. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus target price of $99.47.
Church & Dwight Stock Down 0.6%
Church & Dwight stock opened at $84.53 on Wednesday. The business’s 50-day moving average price is $85.15 and its 200 day moving average price is $91.11. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $116.46. The firm has a market cap of $20.30 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 4.26 and a beta of 0.46. The company has a quick ratio of 0.66, a current ratio of 1.09 and a debt-to-equity ratio of 0.52.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data on Friday, October 31st. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.73 by $0.08. Church & Dwight had a return on equity of 19.32% and a net margin of 12.74%.The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period last year, the company earned $0.79 earnings per share. Church & Dwight’s quarterly revenue was up 5.0% compared to the same quarter last year. Church & Dwight has set its Q4 2025 guidance at 0.830-0.83 EPS and its FY 2025 guidance at 3.490-3.49 EPS. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.
Church & Dwight Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th 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, November 14th. Church & Dwight’s payout ratio is presently 37.11%.
About Church & Dwight
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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