Fox Run Management L.L.C. Takes Position in Church & Dwight Co., Inc. $CHD

Key Points

• Fox Run Management L.L.C. purchased 3,362 shares of Church & Dwight Co., Inc. (NYSE:CHD), valued at approximately $370,000, during the first quarter.
• The company reported a quarterly earnings per share (EPS) of $0.94, exceeding analysts' expectations of $0.85, with revenue of $1.51 billion for the quarter.
• Church & Dwight's CEO Richard A. Dierker acquired 5,470 shares, increasing his ownership by 25.16%, while an executive vice president sold shares, reducing their position by 96.06%.

Fox Run Management L.L.C. acquired a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,362 shares of the company's stock, valued at approximately $370,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHD. IAG Wealth Partners LLC grew its holdings in shares of Church & Dwight by 92.9% during 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 stake in shares of Church & Dwight during the 1st quarter worth about $40,000. Bernard Wealth Management Corp. purchased a new stake in shares of Church & Dwight during the 4th quarter worth about $42,000. Versant Capital Management Inc grew its holdings in shares of Church & Dwight by 42.1% during 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 period. Finally, Banque Transatlantique SA purchased a new stake in shares of Church & Dwight during the 4th quarter worth about $46,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CHD shares. Redburn Atlantic cut Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. Wells Fargo & Company boosted their target price on Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Barclays reduced their price target on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Finally, Truist Financial set a $110.00 target price on Church & Dwight and gave the company a "buy" rating in a research note on Friday, June 6th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of "Hold" and an average target price of $103.94.

Church & Dwight Stock Performance

CHD traded up $0.0170 during trading on Friday, reaching $94.9770. 1,716,960 shares of the company were exchanged, compared to its average volume of 2,402,085. The stock has a market cap of $23.14 billion, a P/E ratio of 44.80, a PEG ratio of 3.92 and a beta of 0.43. The firm has a 50 day moving average of $95.57 and a 200 day moving average of $100.34. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 52 week low of $90.50 and a 52 week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The firm's revenue was down .3% on a year-over-year basis. During the same period in the prior year, the business earned $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 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. Investors of record on Friday, August 15th will be paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 15th. Church & Dwight's dividend payout ratio is presently 55.66%.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read purchased 2,000 shares of the stock in a transaction dated Tuesday, August 5th. The shares were bought at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president owned 7,505 shares of the company's stock, valued at approximately $684,981.35. This trade represents a 36.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lee B. Mcchesney purchased 5,409 shares of the stock in a transaction dated Friday, August 8th. The shares were acquired at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the completion of the acquisition, the executive vice president directly owned 5,409 shares of the company's stock, valued at approximately $494,274.42. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 12,879 shares of company stock valued at $1,177,702 and have sold 35,915 shares valued at $3,545,300. 2.00% of the stock is owned by company insiders.

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.