Mn Services Vermogensbeheer B.V. Purchases 6,200 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Mn Services Vermogensbeheer B.V. increased its holdings in Church & Dwight Co., Inc. by 7.0%, acquiring an additional 6,200 shares to reach a total of 95,300 shares worth approximately $9.16 million.
• The company reported quarterly earnings of $0.94 per share, exceeding analysts' estimates, with a revenue of $1.51 billion, down 0.3% year-over-year.
• Church & Dwight recently announced a quarterly dividend of $0.295 per share, representing a dividend yield of 1.3% and a payout ratio of 55.66%.

Mn Services Vermogensbeheer B.V. grew its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 7.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,300 shares of the company's stock after purchasing an additional 6,200 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Church & Dwight were worth $9,159,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. IAG Wealth Partners LLC raised its position in shares of Church & Dwight by 92.9% in the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares during the period. Wayfinding Financial LLC bought a new position in shares of Church & Dwight in the first quarter valued at approximately $40,000. Bernard Wealth Management Corp. bought a new position in shares of Church & Dwight in the fourth quarter valued at approximately $42,000. Versant Capital Management Inc raised its position 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 during the period. Finally, Chilton Capital Management LLC raised its position 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 during the period. Institutional investors own 86.60% of the company's stock.

Insider Activity

In other news, CEO Richard A. Dierker bought 5,470 shares of Church & Dwight stock in a transaction dated Tuesday, August 12th. The shares were bought at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the purchase, the chief executive officer owned 27,212 shares of the company's stock, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lee B. Mcchesney bought 5,409 shares of Church & Dwight stock in a transaction dated Friday, August 8th. The stock was purchased at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the purchase, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 12,879 shares of company stock worth $1,177,702. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Stock Down 1.9%

CHD opened at $90.30 on Friday. Church & Dwight Co., Inc. has a fifty-two week low of $90.22 and a fifty-two week high of $116.46. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. The firm's fifty day moving average price is $93.98 and its two-hundred day moving average price is $98.43. The company has a market capitalization of $22.00 billion, a P/E ratio of 42.59, a P/E/G ratio of 3.80 and a beta of 0.44.

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 analysts' consensus estimates of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the previous year, the company earned $0.93 earnings per share. The business's revenue 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. On average, analysts anticipate 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. Stockholders of record on Friday, August 15th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 15th. Church & Dwight's payout ratio is currently 55.66%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Evercore ISI lowered their price objective on shares of 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 raised their price objective on shares of Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. UBS Group raised their price objective on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Barclays lowered their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a research note on Monday, August 4th. Finally, Truist Financial set a $110.00 price objective on shares of Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and a consensus target price of $103.94.

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.

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