MGO One Seven LLC Increases Stock Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• MGO One Seven LLC significantly increased its stake in Church & Dwight Co., Inc. by 1,009.7% in Q2, now owning 34,979 shares valued at approximately $3.36 million.
• Several institutional investors, including Vanguard Group Inc. and Citigroup Inc., also made substantial adjustments to their holdings in Church & Dwight during the first quarter.
• Church & Dwight's recent quarterly earnings surpassed expectations, reporting $1.51 billion in revenue, though year-over-year revenue declined by 0.3%.

MGO One Seven LLC increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1,009.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,979 shares of the company's stock after acquiring an additional 31,827 shares during the quarter. MGO One Seven LLC's holdings in Church & Dwight were worth $3,362,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Nuveen LLC purchased a new stake in shares of Church & Dwight in the 1st quarter worth about $106,736,000. Vanguard Group Inc. lifted its holdings in Church & Dwight by 2.4% in the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after buying an additional 750,575 shares during the period. American Century Companies Inc. lifted its holdings in Church & Dwight by 48.3% in the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock worth $232,845,000 after buying an additional 688,863 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in Church & Dwight in the first quarter worth about $35,521,000. Finally, Citigroup Inc. lifted its stake in shares of Church & Dwight by 143.1% in the 1st quarter. Citigroup Inc. now owns 541,393 shares of the company's stock valued at $59,602,000 after purchasing an additional 318,706 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity

In related news, EVP Lee B. Mcchesney acquired 5,409 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $91.38 per share, with a total value 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Michael Read bought 2,000 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were bought at an average price of $91.27 per share, with a total value of $182,540.00. Following the completion of the purchase, the executive vice president owned 7,505 shares in the company, valued at approximately $684,981.35. The trade was a 36.33% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 12,879 shares of company stock valued at $1,177,702 over the last three months. Insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Barclays lowered their target price on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. Rothschild & Co Redburn lowered Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective for the company. in a research report on Monday, July 14th. Weiss Ratings reissued a "hold (c)" rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Wells Fargo & Company lowered their price target on shares of Church & Dwight from $108.00 to $100.00 and set an "overweight" rating for the company in a research report on Thursday, September 25th. Finally, Redburn Atlantic cut shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Church & Dwight has a consensus rating of "Hold" and an average price target of $100.88.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $86.65 on Tuesday. Church & Dwight Co., Inc. has a twelve month low of $85.08 and a twelve month high of $116.46. The firm has a market cap of $21.11 billion, a P/E ratio of 40.87, a PEG ratio of 3.65 and a beta of 0.43. The company has a 50 day moving average of $91.28 and a 200 day moving average of $95.88. 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 (NYSE:CHD - Get Free Report) last posted 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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the previous year, the business earned $0.93 earnings per share. The company's 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. As a group, research analysts expect 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 was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's payout ratio is presently 55.66%.

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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