Church & Dwight Co., Inc. $CHD Shares Sold by Gamco Investors INC. ET AL

Key Points

• Gamco Investors INC. ET AL reduced its stake in Church & Dwight Co., Inc. by 2.7%, maintaining ownership of approximately 179,961 shares valued at about $19.81 million.
• Church & Dwight reported earnings of $0.94 per share for the last quarter, exceeding analysts' expectations of $0.85, and generated $1.51 billion in revenue.
• The company announced a quarterly dividend of $0.295 per share, indicating an annualized yield of 1.3%, with the dividend payable on September 2nd.

Gamco Investors INC. ET AL lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 179,961 shares of the company's stock after selling 4,900 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.07% of Church & Dwight worth $19,812,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. IAG Wealth Partners LLC lifted 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 valued at $30,000 after purchasing an additional 130 shares during the last quarter. Wayfinding Financial LLC acquired a new position in shares of Church & Dwight in the 1st quarter worth approximately $40,000. Versant Capital Management Inc grew its stake in shares of 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 purchasing an additional 112 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $42,000. 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 worth $46,000 after acquiring an additional 200 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Performance

Shares of CHD opened at $92.45 on Wednesday. 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 twelve month low of $90.50 and a twelve month high of $116.46. The firm has a market cap of $22.52 billion, a P/E ratio of 43.61, a PEG ratio of 3.83 and a beta of 0.43. The firm's 50 day moving average price is $95.40 and its two-hundred day moving average price is $100.12.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data 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. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the company earned $0.93 earnings per share. The firm's revenue was down .3% compared to the same quarter last year. 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, analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 15th. Church & Dwight's payout ratio is 55.66%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Redburn Atlantic downgraded shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Cowen downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. UBS Group upped their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Morgan Stanley cut their target price on shares of Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating for the company in a research note on Monday, May 5th. Finally, Evercore ISI dropped their price objective on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a research note on Monday, August 4th. 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 stock. According to MarketBeat, Church & Dwight has a consensus rating of "Hold" and an average price target of $103.94.

Insider Activity

In other Church & Dwight news, EVP Carlen Hooker sold 11,875 shares of Church & Dwight stock in a transaction on Friday, May 30th. The shares were sold at an average price of $98.75, for a total transaction of $1,172,656.25. Following the completion of the transaction, the executive vice president directly owned 262 shares of the company's stock, valued at $25,872.50. The trade was a 97.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lee B. Mcchesney bought 5,409 shares of Church & Dwight stock in a transaction dated Friday, August 8th. The stock was acquired 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 $494,274.42. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 12,879 shares of company stock valued at $1,177,702 and sold 35,915 shares valued at $3,545,300. 1.20% of the stock is owned by company insiders.

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.

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