Church & Dwight Co., Inc. $CHD Shares Sold by Bahl & Gaynor Inc.

Key Points

• Bahl & Gaynor Inc. reduced its stake in Church & Dwight Co., Inc. by 5.7%, selling 6,571 shares, leaving them with 108,453 shares valued at approximately $11.94 million.
• A variety of institutional investors, including IAG Wealth Partners and Chilton Capital Management, significantly increased their holdings in Church & Dwight during the first quarter, indicating increased institutional interest in the stock.
• Church & Dwight recently announced a quarterly dividend of $0.295 per share, representing an annualized dividend yield of 1.2%, with an upcoming payout date of September 2nd.

Bahl & Gaynor Inc. lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,453 shares of the company's stock after selling 6,571 shares during the period. Bahl & Gaynor Inc.'s holdings in Church & Dwight were worth $11,940,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CHD. Dimensional Fund Advisors LP grew its stake in Church & Dwight by 8.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,332,079 shares of the company's stock valued at $139,481,000 after acquiring an additional 100,502 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Church & Dwight by 0.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 348,593 shares of the company's stock valued at $36,502,000 after acquiring an additional 2,180 shares in the last quarter. MGO One Seven LLC grew its stake in Church & Dwight by 12.9% during the 4th quarter. MGO One Seven LLC now owns 3,864 shares of the company's stock valued at $405,000 after acquiring an additional 443 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Church & Dwight by 8.8% in the 4th quarter. Integrated Wealth Concepts LLC now owns 2,448 shares of the company's stock valued at $256,000 after purchasing an additional 198 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Church & Dwight by 8.8% in the 4th quarter. Voya Investment Management LLC now owns 290,619 shares of the company's stock valued at $30,431,000 after purchasing an additional 23,450 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read purchased 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The stock was purchased at an average price of $91.27 per share, for a total transaction of $182,540.00. Following 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lee B. Mcchesney purchased 5,409 shares of the firm's stock in a transaction that occurred on 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 purchase, the executive vice president owned 5,409 shares in the company, valued at $494,274.42. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 12,879 shares of company stock worth $1,177,702 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CHD has been the topic of several recent analyst reports. Cowen lowered shares of Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Rothschild & Co Redburn lowered shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective on the stock. in a report on Monday, July 14th. Evercore ISI decreased their price objective 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. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a report on Monday, July 14th. Finally, Morgan Stanley decreased their price objective on shares of Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a report on Monday, May 5th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $103.94.

Church & Dwight Stock Up 1.0%

CHD traded up $0.89 during trading hours on Friday, hitting $92.98. 337,774 shares of the company's stock were exchanged, compared to its average volume of 2,051,309. Church & Dwight Co., Inc. has a 12-month low of $90.50 and a 12-month high of $116.46. The firm has a 50 day moving average of $95.27 and a 200 day moving average of $99.99. The firm has a market cap of $22.65 billion, a P/E ratio of 43.89, a price-to-earnings-growth ratio of 3.84 and a beta of 0.43. 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 (NYSE:CHD - Get Free Report) last announced its 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. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the firm earned $0.93 EPS. The firm's revenue for the quarter was down .3% on a year-over-year basis. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

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