Mather Group LLC. Decreases Stake in Church & Dwight Co., Inc. $CHD

Mather Group LLC. decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 13.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,376 shares of the company’s stock after selling 822 shares during the quarter. Mather Group LLC.’s holdings in Church & Dwight were worth $517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Nuveen LLC purchased a new stake in Church & Dwight during the 1st quarter valued at about $106,736,000. GAMMA Investing LLC boosted its holdings in shares of Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company’s stock worth $94,886,000 after purchasing an additional 855,049 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Church & Dwight by 2.4% in the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock valued at $3,461,410,000 after purchasing an additional 750,575 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Church & Dwight by 48.3% in the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock valued at $232,845,000 after purchasing an additional 688,863 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in Church & Dwight during the first quarter worth approximately $41,743,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Price Performance

Shares of CHD opened at $85.90 on Friday. The firm has a 50-day simple moving average of $93.20 and a two-hundred day simple moving average of $97.73. The stock has a market cap of $20.93 billion, a PE ratio of 40.52, a P/E/G ratio of 3.59 and a beta of 0.44. Church & Dwight Co., Inc. has a 1-year low of $85.61 and a 1-year high of $116.46. 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 issued its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the business posted $0.93 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. 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, analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.4%. Church & Dwight’s payout ratio is presently 55.66%.

Insider Activity at Church & Dwight

In other news, EVP Lee B. Mcchesney acquired 5,409 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the acquisition, the executive vice president owned 5,409 shares of the company’s stock, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard A. Dierker bought 5,470 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average price of $91.57 per share, with a total value of $500,887.90. Following the completion of the acquisition, 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 disclosure for this purchase can be found here. In the last 90 days, insiders have bought 12,879 shares of company stock worth $1,177,702. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Rothschild & Co Redburn cut Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 target price for the company. in a report on Monday, July 14th. Redburn Atlantic lowered shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a report on Monday, July 14th. Truist Financial set a $110.00 price objective on shares of Church & Dwight and gave the stock a “buy” rating in a research report on Friday, June 6th. Royal Bank Of Canada upgraded shares of Church & Dwight from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Finally, Redburn Partners set a $83.00 price target on shares of Church & Dwight in a report on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $103.44.

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.