Baird Financial Group Inc. Sells 5,058 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Baird Financial Group Inc. reduced its stake in Church & Dwight Co., Inc. by 15.8%, owning 26,979 shares valued at approximately $2.97 million as of the latest SEC filing.
• Church & Dwight recently declared a quarterly dividend of $0.295 per share, representing an annualized dividend of $1.18 and a dividend yield of 1.2%.
• Church & Dwight has received mixed ratings from analysts, with a consensus average rating of "Hold" and a target price of $103.94, while some firms have downgraded their ratings.

Baird Financial Group Inc. cut its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 15.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,979 shares of the company's stock after selling 5,058 shares during the quarter. Baird Financial Group Inc.'s holdings in Church & Dwight were worth $2,970,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. IAG Wealth Partners LLC raised its position in shares of Church & Dwight by 92.9% in the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares during the period. Wayfinding Financial LLC bought a new position in shares of Church & Dwight in the first quarter valued at about $40,000. Versant Capital Management Inc raised its position in shares of Church & Dwight by 42.1% in the first quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares during the period. Bernard Wealth Management Corp. bought a new position in shares of Church & Dwight in the fourth quarter valued at about $42,000. Finally, Chilton Capital Management LLC raised its position in shares of Church & Dwight by 90.9% in the first quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock valued at $46,000 after purchasing an additional 200 shares during the period. 86.60% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent research reports. Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the company a "buy" rating in a research report on Friday, June 6th. Rothschild & Co Redburn cut shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price for the company. in a research report on Monday, July 14th. Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research report on Monday, July 14th. UBS Group boosted their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating for the company in a research 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $103.94.

Church & Dwight Price Performance

Shares of NYSE CHD traded down $1.19 during mid-day trading on Monday, reaching $94.61. The company had a trading volume of 2,222,841 shares, compared to its average volume of 1,875,821. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. Church & Dwight Co., Inc. has a one year low of $90.50 and a one year high of $116.46. The firm has a market cap of $23.05 billion, a price-to-earnings ratio of 44.63, a PEG ratio of 3.96 and a beta of 0.44. The business's 50-day simple moving average is $95.03 and its 200 day simple moving average is $99.37.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data 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 return on equity of 19.27% and a net margin of 8.66%.The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the company earned $0.93 EPS. Church & Dwight'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. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently disclosed 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. This represents a $1.18 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 15th. Church & Dwight's dividend payout ratio is currently 55.66%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Lee B. Mcchesney acquired 5,409 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the transaction, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Carlen Hooker sold 6,380 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total value of $627,154.00. Following the sale, the executive vice president owned 262 shares of the company's stock, valued at approximately $25,754.60. This represents a 96.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have acquired 12,879 shares of company stock valued at $1,177,702 in the last quarter. Corporate insiders own 2.00% 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.