Church & Dwight Co., Inc. $CHD Shares Purchased by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its stake in Church & Dwight Co., Inc. by 48.3%, acquiring over 688,000 additional shares, resulting in ownership of 2,115,040 shares valued at approximately $232.8 million.
• Recent analyst reports highlight a mix of ratings for Church & Dwight, with an average rating of "Hold" and an average price target set at $103.94.
• The company announced a quarterly dividend of $0.295 per share, with a yield of 1.3%, payable on September 2nd to stockholders of record as of August 15th.

American Century Companies Inc. boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 48.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,115,040 shares of the company's stock after purchasing an additional 688,863 shares during the period. American Century Companies Inc. owned approximately 0.86% of Church & Dwight worth $232,845,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in CHD. Rockefeller Capital Management L.P. lifted its stake in shares of Church & Dwight by 41.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 32,674 shares of the company's stock worth $3,421,000 after acquiring an additional 9,533 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Church & Dwight by 30.8% in the 4th quarter. NewEdge Advisors LLC now owns 25,770 shares of the company's stock worth $2,698,000 after acquiring an additional 6,070 shares during the period. Canada Pension Plan Investment Board lifted its stake in shares of Church & Dwight by 8.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 517,303 shares of the company's stock worth $54,167,000 after acquiring an additional 42,360 shares during the period. Capital International Sarl lifted its stake in shares of Church & Dwight by 33.5% in the 4th quarter. Capital International Sarl now owns 3,538 shares of the company's stock worth $370,000 after acquiring an additional 888 shares during the period. Finally, GeoWealth Management LLC lifted its stake in shares of Church & Dwight by 114.6% in the 4th quarter. GeoWealth Management LLC now owns 4,363 shares of the company's stock worth $457,000 after acquiring an additional 2,330 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CHD. Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research note on Monday, July 14th. Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from $100.00 to $114.00 in a research note on Monday, June 2nd. Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Redburn Atlantic cut shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Finally, Oppenheimer reduced their price objective on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Seven 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. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $103.94.

Church & Dwight Price Performance

Shares of NYSE CHD traded up $0.7380 during midday trading on Wednesday, hitting $94.7980. The company had a trading volume of 1,053,042 shares, compared to its average volume of 2,065,213. 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 twelve month low of $90.50 and a twelve month high of $116.46. The business has a 50-day simple moving average of $95.78 and a two-hundred day simple moving average of $100.54. The firm has a market capitalization of $23.09 billion, a price-to-earnings ratio of 44.72, a price-to-earnings-growth ratio of 3.83 and a beta of 0.43.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business's revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last 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. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, August 15th. Church & Dwight's payout ratio is currently 55.66%.

Insider Activity

In other Church & Dwight news, EVP Carlen Hooker sold 11,875 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $98.75, for a total transaction of $1,172,656.25. Following the sale, the executive vice president owned 262 shares in the company, valued at approximately $25,872.50. This represents a 97.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $99.00, for a total value of $1,451,340.00. Following the transaction, the director directly owned 13,747 shares of the company's stock, valued at $1,360,953. The trade was a 51.61% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders acquired 12,879 shares of company stock worth $1,177,702 and sold 35,915 shares worth $3,545,300. 1.20% of the stock is currently owned by company insiders.

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.