Modern Wealth Management LLC Takes Position in Church & Dwight Co., Inc. $CHD

Key Points

• Modern Wealth Management LLC has acquired a new position in Church & Dwight Co., Inc., purchasing 6,070 shares valued at approximately $668,000 during the 1st quarter.
• The company's quarterly earnings report showed EPS of $0.94, exceeding analysts' expectations, with revenue of $1.51 billion, a slight decline of 0.3% year-over-year.
• Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS, indicating future growth expectations for the company.

Modern Wealth Management LLC acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,070 shares of the company's stock, valued at approximately $668,000.

Several other institutional investors have also recently bought and sold shares of CHD. Nuveen LLC bought a new position in Church & Dwight in the 1st quarter worth approximately $106,736,000. GAMMA Investing LLC grew its holdings in shares of Church & Dwight by 12,489.8% in the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock valued at $94,886,000 after buying an additional 855,049 shares during the period. Vanguard Group Inc. grew its holdings in shares of Church & Dwight by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock valued at $3,461,410,000 after buying an additional 750,575 shares during the period. American Century Companies Inc. grew its holdings in shares of Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock valued at $232,845,000 after buying an additional 688,863 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Church & Dwight in the 1st quarter valued at $41,743,000. Institutional investors own 86.60% of the company's stock.

Church & Dwight Trading Down 1.4%

Church & Dwight stock opened at $93.06 on Monday. The firm has a 50-day moving average of $94.69 and a 200-day moving average of $98.95. Church & Dwight Co., Inc. has a one year low of $90.50 and a one year 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 company has a market cap of $22.67 billion, a price-to-earnings ratio of 43.90, a P/E/G ratio of 3.84 and a beta of 0.44.

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, 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 company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the business posted $0.93 EPS. 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 analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analyst Ratings Changes

CHD has been the subject of several research analyst reports. Redburn Partners set a $83.00 price target on shares of Church & Dwight in a report on Monday, July 14th. Rothschild & Co Redburn lowered shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price for the company. in a research note on Monday, July 14th. Wells Fargo & Company upped their target price 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. Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. Finally, JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $103.94.

Insider Transactions at Church & Dwight

In other news, CEO Richard A. Dierker bought 5,470 shares of the company's stock in a transaction dated Tuesday, August 12th. The shares were bought at an average cost 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 $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Read bought 2,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The stock was purchased at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the completion of the acquisition, the executive vice president owned 7,505 shares in the company, valued at $684,981.35. This trade represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 12,879 shares of company stock worth $1,177,702 in the last three months. Insiders own 2.00% 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.

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