Church & Dwight Co., Inc. $CHD Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Key Points

• Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its stake in Church & Dwight by 1.7%, now owning 1,256,738 shares worth approximately $120.8 million.
• Church & Dwight recently reported earnings of $0.94 per share, surpassing analysts' expectations by $0.09, with quarterly revenue of $1.51 billion.
• The company announced a quarterly dividend of $0.295 per share, representing an annual yield of 1.3% and a payout ratio of 55.66%.

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,256,738 shares of the company's stock after selling 21,264 shares during the period. Church & Dwight accounts for 1.1% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's portfolio, making the stock its 28th largest position. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned approximately 0.51% of Church & Dwight worth $120,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Nuveen LLC acquired a new stake in shares of Church & Dwight during the first quarter worth $106,736,000. Vanguard Group Inc. raised its holdings in shares of Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after purchasing an additional 750,575 shares during the period. American Century Companies Inc. raised its holdings in shares of Church & Dwight by 48.3% during the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock worth $232,845,000 after purchasing an additional 688,863 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Church & Dwight during the first quarter worth $35,521,000. Finally, Citigroup Inc. raised its holdings in shares of Church & Dwight by 143.1% during the first quarter. Citigroup Inc. now owns 541,393 shares of the company's stock worth $59,602,000 after purchasing an additional 318,706 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Church & Dwight

In related news, EVP Michael Read bought 2,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the executive vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lee B. Mcchesney bought 5,409 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The stock was bought at an average price 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 represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 12,879 shares of company stock worth $1,177,702 in the last 90 days. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Stock Performance

Shares of CHD opened at $88.05 on Thursday. The firm has a 50-day moving average price of $90.65 and a 200 day moving average price of $95.03. The firm has a market capitalization of $21.45 billion, a PE ratio of 41.53, a P/E/G ratio of 3.79 and a beta of 0.43. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 52-week low of $85.08 and a 52-week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last announced 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 firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. Church & Dwight's revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.93 EPS. 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 anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analyst Ratings Changes

A number of analysts have weighed in on CHD shares. Rothschild & Co Redburn cut shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price on the stock. in a report on Monday, July 14th. Evercore ISI dropped their target price on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating on the stock in a report on Monday, August 4th. Wells Fargo & Company dropped their target price on shares of Church & Dwight from $108.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, September 25th. Oppenheimer set a $100.00 target price on shares of Church & Dwight and gave the stock an "outperform" rating in a report on Tuesday. Finally, UBS Group dropped their target price on shares of Church & Dwight from $103.00 to $98.00 and set a "neutral" rating on the stock in a report on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $100.00.

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.

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