Goldman Sachs Group Inc. Trims Stock Position in Church & Dwight Co., Inc. $CHD

Key Points

• Goldman Sachs Group Inc. reduced its holdings in Church & Dwight by 24.2%, selling 347,337 shares and retaining about 0.44% of the company, valued at $119.67 million.
• Interestingly, CEO Richard A. Dierker increased his ownership by acquiring 5,470 shares, while insider activity reflected mixed trends with some executives selling large positions.
• Church & Dwight disclosed a quarterly dividend of $0.295 per share with a yield of 1.2%, alongside FY 2025 earnings guidance ranging from 3.440 to 3.510 EPS.

Goldman Sachs Group Inc. lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 24.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,087,030 shares of the company's stock after selling 347,337 shares during the period. Goldman Sachs Group Inc. owned 0.44% of Church & Dwight worth $119,671,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Church & Dwight by 89.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock valued at $5,567,000 after acquiring an additional 25,080 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in Church & Dwight by 451.2% during the 1st quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company's stock worth $8,924,000 after purchasing an additional 66,357 shares during the period. Penserra Capital Management LLC increased its holdings in Church & Dwight by 1,201.4% during the 1st quarter. Penserra Capital Management LLC now owns 8,342 shares of the company's stock worth $918,000 after purchasing an additional 7,701 shares during the period. Price T Rowe Associates Inc. MD raised its position in Church & Dwight by 1.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 353,960 shares of the company's stock valued at $38,968,000 after purchasing an additional 5,367 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Church & Dwight by 9.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,916 shares of the company's stock worth $4,137,000 after buying an additional 3,254 shares during the period. Institutional investors own 86.60% of the company's stock.

Insider Activity

In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of the firm's stock in a transaction on Tuesday, August 12th. The shares were acquired at an average cost of $91.57 per share, with a total value of $500,887.90. Following the purchase, the chief executive officer directly owned 27,212 shares of the company's stock, valued at $2,491,802.84. This trade represents a 25.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Michael Read purchased 2,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The stock was bought 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 of the company's stock, valued at approximately $684,981.35. This represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock worth $1,177,702 over the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CHD has been the subject of several recent research reports. 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 report on Monday, July 14th. Truist Financial set a $110.00 price objective on shares of Church & Dwight and gave the company a "buy" rating in a research note on Friday, June 6th. Barclays cut their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Redburn Atlantic cut Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. cut their price target on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $103.94.

Church & Dwight Price Performance

NYSE CHD traded up $0.84 during trading hours on Wednesday, reaching $92.36. The company's stock had a trading volume of 303,143 shares, compared to its average volume of 2,035,350. The firm has a market capitalization of $22.50 billion, a price-to-earnings ratio of 43.59, a P/E/G ratio of 3.77 and a beta of 0.44. The company's 50-day moving average is $94.41 and its two-hundred day moving average is $98.75. 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 1-year low of $90.50 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The business's revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company 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. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.3%. Church & Dwight's dividend payout ratio is presently 55.66%.

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.