Asset Advisors Investment Management LLC Decreases Stake in Church & Dwight Co., Inc. $CHD

Key Points

• Asset Advisors Investment Management LLC reduced its stake in Church & Dwight Co., Inc. by 3.0%, now holding 179,729 shares, representing 1.7% of its portfolio with a market value of approximately $17.27 million.
• Church & Dwight's CEO Richard A. Dierker significantly increased his ownership by acquiring 5,470 shares, while the company recently announced a quarterly dividend of $0.295 per share, reflecting a yield of 1.3%.
• Analysts have a mixed outlook on Church & Dwight, with seven analysts rating it as a Buy and an average target price of $103.44, despite some recent downgrades to a "strong sell" rating.

Asset Advisors Investment Management LLC lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 179,729 shares of the company's stock after selling 5,561 shares during the quarter. Church & Dwight comprises 1.7% of Asset Advisors Investment Management LLC's portfolio, making the stock its 19th biggest holding. Asset Advisors Investment Management LLC owned 0.07% of Church & Dwight worth $17,274,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of CHD. Vanguard Group Inc. lifted 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 valued at $3,461,410,000 after acquiring an additional 750,575 shares during the last quarter. Northern Trust Corp increased its position in shares of Church & Dwight by 2.6% during the first quarter. Northern Trust Corp now owns 3,097,722 shares of the company's stock worth $341,028,000 after acquiring an additional 79,170 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Church & Dwight by 6.4% during the first 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 acquiring an additional 153,270 shares during the period. American Century Companies Inc. increased its position in shares of Church & Dwight by 48.3% during the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock worth $232,845,000 after acquiring an additional 688,863 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Church & Dwight by 1.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,474,870 shares of the company's stock worth $162,368,000 after acquiring an additional 26,286 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

In other news, CEO Richard A. Dierker acquired 5,470 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was bought 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 owned 27,212 shares of the company's stock, valued at approximately $2,491,802.84. This represents a 25.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Michael Read acquired 2,000 shares of the business's stock in a transaction on 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 acquisition, the executive vice president directly owned 7,505 shares of the company's stock, valued at $684,981.35. This represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Insiders acquired 12,879 shares of company stock worth $1,177,702 over the last three months. Company insiders own 2.00% of the company's stock.

Church & Dwight Trading Up 0.5%

NYSE CHD opened at $88.38 on Friday. The company has a market capitalization of $21.53 billion, a PE ratio of 41.69, a P/E/G ratio of 3.63 and a beta of 0.43. The company has a fifty day moving average of $92.22 and a 200 day moving average of $96.96. Church & Dwight Co., Inc. has a 1 year low of $85.08 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 - Get Free Report) last posted its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. The company 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%. The firm's quarterly revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

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

Wall Street Analyst Weigh In

CHD has been the topic of several research reports. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a report on Monday, July 14th. UBS Group lifted their price objective on shares of Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. Redburn Atlantic lowered shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Church & Dwight has an average rating of "Hold" and an average target price of $103.44.

Church & Dwight Company 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.

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