Baader Bank Aktiengesellschaft Acquires 2,900 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Baader Bank Aktiengesellschaft increased its holdings in Church & Dwight Co., Inc. by 22.7% during the 2nd quarter, now owning 15,683 shares valued at approximately $1.47 million.
• CEO Richard A. Dierker acquired 5,470 shares of the company stock, raising his total ownership by 25.16% to a value of about $2.49 million.
• Church & Dwight's recent quarterly earnings exceeded estimates with an EPS of $0.94, and the company has set FY 2025 guidance of 3.440-3.510 EPS.

Baader Bank Aktiengesellschaft raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 22.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,683 shares of the company's stock after acquiring an additional 2,900 shares during the period. Baader Bank Aktiengesellschaft's holdings in Church & Dwight were worth $1,469,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Church & Dwight by 89.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock valued at $5,567,000 after purchasing an additional 25,080 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in Church & Dwight by 451.2% in the first quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company's stock valued at $8,924,000 after buying an additional 66,357 shares during the period. Penserra Capital Management LLC lifted its stake in Church & Dwight by 1,201.4% in the first quarter. Penserra Capital Management LLC now owns 8,342 shares of the company's stock valued at $918,000 after buying an additional 7,701 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Church & Dwight by 1.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 353,960 shares of the company's stock valued at $38,968,000 after buying an additional 5,367 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Church & Dwight by 9.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,916 shares of the company's stock worth $4,137,000 after purchasing an additional 3,254 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a report on Monday, July 14th. Redburn Atlantic lowered Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. 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 report on Monday, June 2nd. Finally, Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $103.94.

Church & Dwight Trading Down 4.0%

CHD stock traded down $3.63 during midday trading on Monday, hitting $86.72. The company had a trading volume of 3,331,601 shares, compared to its average volume of 1,872,987. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 52 week low of $86.65 and a 52 week high of $116.46. The stock's 50 day moving average price is $93.78 and its 200 day moving average price is $98.08. The stock has a market cap of $21.13 billion, a price-to-earnings ratio of 40.91, a PEG ratio of 3.73 and a beta of 0.44.

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 the consensus estimate of $0.85 by $0.09. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The firm had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.48 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. The business's revenue 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, equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's dividend payout ratio is presently 55.66%.

Insider Buying and Selling

In other news, EVP Michael Read purchased 2,000 shares of Church & Dwight stock in a transaction that occurred on Tuesday, August 5th. The shares were bought 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 directly owned 7,505 shares in the company, valued at approximately $684,981.35. This trade represents a 36.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Richard A. Dierker bought 5,470 shares of the company's stock in a transaction on Tuesday, August 12th. The stock was bought at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the acquisition, the chief executive officer directly owned 27,212 shares of the company's stock, valued at approximately $2,491,802.84. This represents a 25.16% increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock valued at $1,177,702 over the last ninety days. Company insiders own 1.20% of the company's stock.

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.