Intech Investment Management LLC Decreases Stock Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• Intech Investment Management LLC reduced its stake in Church & Dwight Co., Inc. by 18.2% in the first quarter, now holding 90,799 shares valued at approximately $10 million.
• While Intech sold off a significant portion of its shares, other investors like Wealth Enhancement Advisory Services and Allianz Asset Management increased their holdings in Church & Dwight by notable percentages, indicating mixed investor sentiment.
• Church & Dwight reported earnings of $0.94 per share, beating expectations, while setting FY 2025 guidance and declaring a quarterly dividend with a yield of 1.3%.

Intech Investment Management LLC trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 18.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,799 shares of the company's stock after selling 20,251 shares during the quarter. Intech Investment Management LLC's holdings in Church & Dwight were worth $9,996,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. IAG Wealth Partners LLC boosted its stake in Church & Dwight by 92.9% in 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 in the last quarter. Wayfinding Financial LLC purchased a new stake in Church & Dwight during the 1st quarter valued at approximately $40,000. Bernard Wealth Management Corp. purchased a new stake in Church & Dwight during the 4th quarter valued at approximately $42,000. Versant Capital Management Inc grew its holdings in shares of Church & Dwight by 42.1% in the first quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares in the last quarter. Finally, Chilton Capital Management LLC grew its holdings 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 valued at $46,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Up 0.4%

CHD stock traded up $0.39 during mid-day trading on Tuesday, reaching $91.64. The company had a trading volume of 443,168 shares, compared to its average volume of 2,036,212. The company has a market capitalization of $22.32 billion, a price-to-earnings ratio of 43.24, a PEG ratio of 3.84 and a beta of 0.44. The stock has a 50 day simple moving average of $94.54 and a two-hundred day simple moving average of $98.81. 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 $90.50 and a 52 week high of $116.46.

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

Church & Dwight Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. UBS Group boosted their price target on Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Evercore ISI dropped their price target on Church & Dwight from $102.00 to $101.00 and set an "in-line" rating on the stock in a research note on Monday, August 4th. Wells Fargo & Company boosted their price target on Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Rothschild & Co Redburn cut Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective on the stock. in a research note on Monday, July 14th. Finally, Redburn Partners set a $83.00 price objective on Church & Dwight in a report on Monday, July 14th. Seven investment 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, the company presently has an average rating of "Hold" and an average price target of $103.94.

Insiders Place Their Bets

In related news, EVP Lee B. Mcchesney acquired 5,409 shares of the stock in a transaction on Friday, August 8th. The shares were acquired at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the transaction, the executive vice president owned 5,409 shares in the company, valued at approximately $494,274.42. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard A. Dierker purchased 5,470 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was bought at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the purchase, the chief executive officer directly owned 27,212 shares in the company, valued at $2,491,802.84. This trade represents a 25.16% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 12,879 shares of company stock worth $1,177,702. Corporate 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.