Angeles Wealth Management LLC Invests $338,000 in Church & Dwight Co., Inc. $CHD

Key Points

• Angeles Wealth Management LLC has invested approximately $338,000 in Church & Dwight Co., Inc. by purchasing 3,521 shares in the second quarter.
• A number of institutional investors have also increased their stakes in Church & Dwight, with 86.60% of the stock now owned by institutional investors and hedge funds.
• Analysts have mixed sentiments on Church & Dwight, with seven analysts rating it a Buy, seven a Hold, and five a Sell, while the average price target stands at $100.88.

Angeles Wealth Management LLC purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,521 shares of the company's stock, valued at approximately $338,000.

A number of other institutional investors also recently made changes to their positions in CHD. Vanguard Group Inc. raised its holdings in shares of Church & Dwight by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after purchasing an additional 750,575 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Church & Dwight by 0.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,269,079 shares of the company's stock worth $319,193,000 after purchasing an additional 29,369 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Church & Dwight by 2.6% in the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company's stock worth $341,028,000 after purchasing an additional 79,170 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Church & Dwight by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,558,231 shares of the company's stock worth $281,636,000 after purchasing an additional 153,270 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock worth $232,845,000 after purchasing an additional 688,863 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on CHD shares. Bank of America dropped their target price on shares of Church & Dwight from $120.00 to $105.00 and set a "buy" rating on the stock in a report on Wednesday, October 8th. Evercore ISI cut their price target on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating on the stock in a report on Monday, August 4th. 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 report on Wednesday, October 8th. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Finally, Rothschild & Co Redburn lowered shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price target on the stock. in a report on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $100.88.

Church & Dwight Stock Performance

CHD stock opened at $88.56 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $21.57 billion, a price-to-earnings ratio of 41.78, a P/E/G ratio of 3.75 and a beta of 0.43. Church & Dwight Co., Inc. has a 12 month low of $85.08 and a 12 month high of $116.46. The firm has a 50 day moving average of $90.92 and a two-hundred day moving average of $95.45.

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

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, August 15th. Church & Dwight's dividend payout ratio is presently 55.66%.

Insider Activity at Church & Dwight

In other news, EVP Michael Read bought 2,000 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was acquired at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the transaction, the executive vice president directly owned 7,505 shares of the company's stock, valued at $684,981.35. This trade represents a 36.33% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Richard A. Dierker acquired 5,470 shares of the firm's stock in a transaction on Tuesday, August 12th. The shares were bought at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the acquisition, the chief executive officer owned 27,212 shares in the company, valued at approximately $2,491,802.84. The trade was a 25.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 12,879 shares of company stock worth $1,177,702 in the last ninety days. 2.00% of the stock is currently owned by 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.

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