Intech Investment Management LLC Has $10 Million 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 lessened its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 18.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of CHD. IAG Wealth Partners LLC lifted its position in shares of Church & Dwight by 92.9% during the first 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 acquired a new stake in Church & Dwight during the first quarter worth approximately $40,000. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight during the fourth quarter worth approximately $42,000. Versant Capital Management Inc grew its position in shares of Church & Dwight by 42.1% during the first quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after acquiring an additional 112 shares during the last quarter. Finally, Chilton Capital Management LLC grew its position in shares of Church & Dwight by 90.9% during the first quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Performance

Shares of NYSE:CHD traded down $1.36 on Friday, hitting $93.06. The company's stock had a trading volume of 1,480,179 shares, compared to its average volume of 1,770,856. The stock's 50-day moving average is $94.69 and its two-hundred day moving average is $99.08. Church & Dwight Co., Inc. has a 12 month low of $90.50 and a 12 month high of $116.46. The company has a market capitalization of $22.67 billion, a price-to-earnings ratio of 43.90, a price-to-earnings-growth ratio of 3.90 and a beta of 0.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84.

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

Church & Dwight Dividend Announcement

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

Insider Buying and Selling

In related news, CEO Richard A. Dierker acquired 5,470 shares of the stock in a transaction dated Tuesday, August 12th. The shares were acquired at an average price of $91.57 per share, with a total value of $500,887.90. Following the acquisition, the chief executive officer owned 27,212 shares in the company, valued at approximately $2,491,802.84. The trade was a 25.16% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lee B. Mcchesney acquired 5,409 shares of the stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the purchase, the executive vice president owned 5,409 shares of the company's stock, valued at $494,274.42. The trade was a ∞ 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. Insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CHD. Barclays reduced their target price on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Redburn Atlantic downgraded shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Truist Financial set a $110.00 price target on Church & Dwight and gave the company a "buy" rating in a report on Friday, June 6th. Rothschild & Co Redburn cut Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price for the company. in a report on Monday, July 14th. Finally, UBS Group boosted their target price on Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $103.94.

About Church & Dwight

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.