Church & Dwight Co., Inc. $CHD Shares Sold by Hamilton Point Investment Advisors LLC

Key Points

• Hamilton Point Investment Advisors LLC reduced its stake in Church & Dwight Co., Inc. by 4.3%, now holding 108,333 shares valued at approximately $10.41 million, making it the 15th largest holding in their portfolio.
• Church & Dwight reported a quarterly EPS of $0.94, surpassing expectations and indicating a revenue of $1.51 billion during the quarter, despite a year-over-year decline of 0.3%.
• The company's stock has received mixed ratings, with seven analysts rating it as a Buy, seven as Hold, and five as Sell, leading to a consensus rating of "Hold" with an average target price of $100.88.

Hamilton Point Investment Advisors LLC cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 4.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 108,333 shares of the company's stock after selling 4,899 shares during the period. Church & Dwight makes up about 1.7% of Hamilton Point Investment Advisors LLC's investment portfolio, making the stock its 15th largest holding. Hamilton Point Investment Advisors LLC's holdings in Church & Dwight were worth $10,412,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Oregon Public Employees Retirement Fund lifted its position in Church & Dwight by 0.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 21,115 shares of the company's stock worth $2,325,000 after purchasing an additional 110 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in Church & Dwight by 19.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the company's stock worth $76,000 after purchasing an additional 112 shares during the period. Manchester Capital Management LLC lifted its position in Church & Dwight by 3.8% in the first quarter. Manchester Capital Management LLC now owns 3,243 shares of the company's stock worth $357,000 after purchasing an additional 119 shares during the period. Weaver Capital Management LLC lifted its position in Church & Dwight by 3.4% in the first quarter. Weaver Capital Management LLC now owns 3,749 shares of the company's stock worth $413,000 after purchasing an additional 122 shares during the period. Finally, Choreo LLC lifted its position in Church & Dwight by 3.1% in the first quarter. Choreo LLC now owns 4,052 shares of the company's stock worth $446,000 after purchasing an additional 122 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Rothschild & Co Redburn downgraded Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective for the company. in a research report on Monday, July 14th. UBS Group cut their price objective on Church & Dwight from $103.00 to $98.00 and set a "neutral" rating for the company in a research report on Wednesday, October 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Finally, Citigroup cut their price objective on Church & Dwight from $88.00 to $85.00 and set a "sell" rating for the company in a research report on Thursday, October 9th. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $100.88.

Church & Dwight Stock Down 1.2%

CHD stock opened at $86.65 on Tuesday. 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 Co., Inc. has a 52-week low of $85.08 and a 52-week high of $116.46. The company has a 50-day moving average of $91.28 and a two-hundred day moving average of $95.88. The stock has a market capitalization of $21.11 billion, a price-to-earnings ratio of 40.87, a price-to-earnings-growth ratio of 3.65 and a beta of 0.43.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating 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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. The company'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. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's payout ratio is currently 55.66%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read bought 2,000 shares of the stock in a transaction on Tuesday, August 5th. The stock was purchased at an average price of $91.27 per share, with a total value of $182,540.00. Following the acquisition, the executive vice president owned 7,505 shares of the company's stock, valued at approximately $684,981.35. The trade was a 36.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lee B. Mcchesney purchased 5,409 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $91.38 per share, with a total value of $494,274.42. Following the acquisition, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 12,879 shares of company stock valued at $1,177,702. Company insiders own 1.20% of the company's stock.

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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