Carderock Capital Management Inc. Sells 3,872 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Carderock Capital Management Inc. reduced its stake in Church & Dwight Co., Inc. by 7.1% in the first quarter, now owning 50,658 shares worth approximately $5.58 million.
• Church & Dwight's latest earnings report revealed an EPS of $0.94, exceeding expectations, despite a 0.3% decline in quarterly revenue year-over-year.
• The company recently announced a quarterly dividend of $0.295 per share, contributing to an annualized dividend yield of 1.3%.

Carderock Capital Management Inc. trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 7.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,658 shares of the company's stock after selling 3,872 shares during the quarter. Carderock Capital Management Inc.'s holdings in Church & Dwight were worth $5,577,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. IAG Wealth Partners LLC grew its holdings 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 buying an additional 130 shares in the last quarter. Wayfinding Financial LLC bought a new position in Church & Dwight in the 1st quarter worth approximately $40,000. Versant Capital Management Inc grew its holdings in Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after buying an additional 112 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in Church & Dwight in the 4th quarter worth approximately $42,000. Finally, Chilton Capital Management LLC grew its holdings in Church & Dwight by 90.9% in the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after buying an additional 200 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 2,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average price of $91.27 per share, with a total value of $182,540.00. Following the completion of the transaction, the executive vice president directly owned 7,505 shares in the company, valued at approximately $684,981.35. This represents a 36.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lee B. Mcchesney acquired 5,409 shares of Church & Dwight stock in a transaction that occurred on 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 owned 5,409 shares of the company's stock, valued at approximately $494,274.42. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 12,879 shares of company stock valued at $1,177,702 over the last quarter. Company insiders own 1.20% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE:CHD traded up $0.32 on Tuesday, reaching $91.57. 506,737 shares of the company traded hands, compared to its average volume of 2,036,614. Church & Dwight Co., Inc. has a fifty-two week low of $90.50 and a fifty-two week high of $116.46. The company's 50 day moving average is $94.54 and its 200-day moving average is $98.81. The stock has a market capitalization of $22.31 billion, a PE ratio of 43.11, a P/E/G ratio of 3.84 and a beta of 0.44. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The company's revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. 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, analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's dividend payout ratio (DPR) is 55.66%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CHD. Evercore ISI decreased their price objective on Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a report on Monday, August 4th. Redburn Partners set a $83.00 price target on Church & Dwight in a research note on Monday, July 14th. Truist Financial set a $110.00 price target on Church & Dwight and gave the company a "buy" rating in a research note on Friday, June 6th. Royal Bank Of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $100.00 to $114.00 in a research note on Monday, June 2nd. Finally, JPMorgan Chase & Co. decreased their price target on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Church & Dwight currently has a consensus rating of "Hold" and an average target price of $103.94.

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.