Amundi Sells 394,004 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Amundi has reduced its holdings in Church & Dwight Co., Inc. by 21.5%, owning approximately 0.58% of the company after selling 394,004 shares.
• The company reported earnings of $0.94 per share for the last quarter, surpassing estimates, with a revenue of $1.51 billion, slightly down from the previous year.
• Church & Dwight announced a quarterly dividend of $0.295 per share, with an annual yield of 1.2%, as the dividend payout ratio stands at 55.66%.

Amundi trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 21.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,439,599 shares of the company's stock after selling 394,004 shares during the period. Amundi owned approximately 0.58% of Church & Dwight worth $159,450,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. IAG Wealth Partners LLC boosted its stake in Church & Dwight by 92.9% during the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Wayfinding Financial LLC bought a new position in shares of Church & Dwight during the 1st quarter worth about $40,000. Bernard Wealth Management Corp. bought a new position in shares of Church & Dwight during the 4th quarter worth about $42,000. Versant Capital Management Inc boosted its position in shares of Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after purchasing an additional 112 shares in the last quarter. Finally, Chilton Capital Management LLC boosted its position in shares of Church & Dwight by 90.9% during the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after purchasing an additional 200 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Activity at Church & Dwight

In related news, EVP Lee B. Mcchesney purchased 5,409 shares of the company's stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $91.38 per share, with a total value 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 trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read bought 2,000 shares of the company's stock in a transaction dated 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 owned 7,505 shares of the company's stock, valued at approximately $684,981.35. This represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 12,879 shares of company stock worth $1,177,702. 1.20% of the stock is currently owned by company insiders.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded down $2.00 during trading on Wednesday, hitting $92.92. The stock had a trading volume of 502,023 shares, compared to its average volume of 2,042,960. The firm has a market cap of $22.64 billion, a price-to-earnings ratio of 43.76, a P/E/G ratio of 3.91 and a beta of 0.44. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The business's 50-day moving average is $94.97 and its 200 day moving average is $99.34. Church & Dwight Co., Inc. has a 12 month low of $90.50 and a 12 month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the prior year, the firm earned $0.93 earnings per share. The firm's revenue 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. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Analyst Ratings Changes

Several research analysts have issued reports on the company. Truist Financial set a $110.00 price target on Church & Dwight and gave the stock a "buy" rating in a report on Friday, June 6th. UBS Group increased their target price on Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Barclays dropped their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a research note on Monday, August 4th. 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 research note on Monday, July 14th. Finally, Wells Fargo & Company raised their price target on shares of Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $103.94.

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.