Church & Dwight Co., Inc. $CHD Position Boosted by AMI Asset Management Corp

Key Points

• AMI Asset Management Corp increased its holdings in Church & Dwight Co., Inc. by 9.9%, owning approximately $55.87 million worth of the stock, which now constitutes 3.2% of its investment portfolio.
• Insider transactions show that both EVP Lee B. Mcchesney and CEO Richard A. Dierker purchased shares of Church & Dwight, with Mcchesney buying 5,409 shares and Dierker acquiring 5,470 shares, significantly increasing their respective holdings.
• Church & Dwight recently reported better-than-expected quarterly earnings with $0.94 EPS, exceeding analyst estimates of $0.85, alongside a revenue of $1.51 billion.

AMI Asset Management Corp increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 9.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 581,280 shares of the company's stock after purchasing an additional 52,354 shares during the quarter. Church & Dwight accounts for 3.2% of AMI Asset Management Corp's investment portfolio, making the stock its 8th biggest position. AMI Asset Management Corp owned 0.24% of Church & Dwight worth $55,867,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC raised its position in Church & Dwight by 92.9% in the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after purchasing an additional 130 shares during the period. Wayfinding Financial LLC purchased a new position in shares of Church & Dwight in the first quarter valued at about $40,000. Versant Capital Management Inc increased 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 acquiring an additional 112 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of Church & Dwight in the second quarter valued at about $45,000. Finally, Chilton Capital Management LLC increased 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 acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Buying and Selling

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 shares were acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the purchase, the executive vice president directly owned 5,409 shares of the company's stock, valued at approximately $494,274.42. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Richard A. Dierker purchased 5,470 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the acquisition, the chief executive officer owned 27,212 shares of the company's stock, valued at approximately $2,491,802.84. The trade was a 25.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 12,879 shares of company stock valued at $1,177,702 over the last quarter. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $87.88 on Thursday. 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. The company's 50-day moving average is $92.40 and its 200 day moving average is $97.10. The stock has a market capitalization of $21.41 billion, a P/E ratio of 41.45, a P/E/G ratio of 3.62 and a beta of 0.43.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS 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 business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Church & Dwight's quarterly 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. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current 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 paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 annualized dividend and a yield of 1.3%. Church & Dwight's payout ratio is presently 55.66%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CHD shares. Wells Fargo & Company decreased their price objective on shares of Church & Dwight from $108.00 to $100.00 and set an "overweight" rating on the stock in a research report on Thursday, September 25th. UBS Group boosted their price objective 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. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Barclays decreased 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 report on Monday, August 4th. Finally, Redburn Atlantic cut shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $103.44.

Church & Dwight 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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