Church & Dwight (NYSE:CHD) Hits New 52-Week Low After Analyst Downgrade

Key Points

• Church & Dwight (NYSE:CHD) reached a new 52-week low at $85.61 following a downgrade by Wells Fargo, which lowered its price target from $108 to $100 while maintaining an overweight rating.
• Insider activity included significant stock purchases by executives Michael Read and Lee B. Mcchesney, with over 12,879 shares being acquired by insiders in the last ninety days.
• The company recently announced a quarterly dividend of $0.295 per share, representing an annualized dividend yield of 1.4% and a dividend payout ratio of 55.66%.

Shares of Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) reached a new 52-week low on Thursday after Wells Fargo & Company lowered their price target on the stock from $108.00 to $100.00. Wells Fargo & Company currently has an overweight rating on the stock. Church & Dwight traded as low as $85.61 and last traded at $85.73, with a volume of 490837 shares traded. The stock had previously closed at $86.86.

A number of other equities research analysts also recently issued reports on CHD. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Redburn Partners set a $83.00 price target on Church & Dwight in a research note on Monday, July 14th. Rothschild & Co Redburn lowered Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price for the company. in a research report on Monday, July 14th. Evercore ISI lowered their target price on Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a research report on Monday, August 4th. Finally, Royal Bank Of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $100.00 to $114.00 in a research report on Monday, June 2nd. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $103.44.

Insider Activity

In other news, EVP Michael Read acquired 2,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was purchased at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the purchase, the executive vice president owned 7,505 shares in the company, valued at approximately $684,981.35. The trade was a 36.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lee B. Mcchesney bought 5,409 shares of the stock in a transaction dated Friday, August 8th. The shares were acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the acquisition, the executive vice president directly owned 5,409 shares of the company's stock, valued at approximately $494,274.42. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 12,879 shares of company stock valued at $1,177,702. Insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CHD. IAG Wealth Partners LLC boosted its stake in shares of Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after acquiring an additional 130 shares during the last quarter. Wayfinding Financial LLC purchased a new stake in Church & Dwight in the 1st quarter valued at about $40,000. Versant Capital Management Inc boosted its position in Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after buying an additional 112 shares during the period. Opal Wealth Advisors LLC purchased a new stake in shares of Church & Dwight in the 2nd quarter worth approximately $45,000. Finally, Chilton Capital Management LLC lifted its position in shares of Church & Dwight by 90.9% in the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

The firm's 50-day moving average price is $93.42 and its two-hundred day moving average price is $97.92. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The stock has a market cap of $20.92 billion, a PE ratio of 40.49, a PEG ratio of 3.60 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.09. The company had revenue of $1.51 billion for 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 firm's revenue for the quarter was down .3% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders 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 dividend yield of 1.4%. Church & Dwight's dividend payout ratio is presently 55.66%.

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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