Robeco Institutional Asset Management B.V. Trims Stock Position in Church & Dwight Co., Inc. $CHD

Key Points

• Robeco Institutional Asset Management B.V. has reduced its stake in Church & Dwight Co., Inc. by 2.1%, now owning approximately 1,021,122 shares valued at $98.14 million.
• Insiders have actively bought shares recently, including EVP Michael Read and CEO Richard A. Dierker, with their purchases indicating a significant increase in their ownership percentages.
• Church & Dwight's stock recently saw a consensus rating of "Hold" from analysts, with a target price set at $103.44 amid varied rating adjustments from multiple firms.

Robeco Institutional Asset Management B.V. lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,021,122 shares of the company's stock after selling 22,386 shares during the period. Robeco Institutional Asset Management B.V. owned 0.41% of Church & Dwight worth $98,140,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CHD. Versant Capital Management Inc lifted 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. NBC Securities Inc. purchased a new stake in shares of Church & Dwight in the first quarter valued at about $61,000. Merit Financial Group LLC lifted its holdings in shares of Church & Dwight by 7.3% in the first quarter. Merit Financial Group LLC now owns 6,189 shares of the company's stock valued at $681,000 after purchasing an additional 420 shares in the last quarter. Portside Wealth Group LLC lifted its holdings in shares of Church & Dwight by 5.5% in the first quarter. Portside Wealth Group LLC now owns 2,938 shares of the company's stock valued at $308,000 after purchasing an additional 153 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Church & Dwight by 57.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 22,662 shares of the company's stock valued at $2,495,000 after purchasing an additional 8,225 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. Redburn Atlantic downgraded shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a research note on Monday, July 14th. Evercore ISI reduced 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. Finally, Wells Fargo & Company reduced their price objective on shares of Church & Dwight from $108.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, September 25th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $103.44.

Insider Activity at Church & Dwight

In related news, EVP Michael Read acquired 2,000 shares of the firm's stock in a transaction on Tuesday, August 5th. The stock was bought at an average cost of $91.27 per share, with a total value of $182,540.00. Following the acquisition, the executive vice president directly owned 7,505 shares in the company, valued at approximately $684,981.35. The trade was a 36.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard A. Dierker acquired 5,470 shares of the firm's stock in a transaction on 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 completion of the acquisition, the chief executive officer owned 27,212 shares in the company, valued at $2,491,802.84. This represents a 25.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders bought 12,879 shares of company stock valued at $1,177,702. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Stock Up 0.5%

Shares of NYSE CHD opened at $88.38 on Friday. Church & Dwight Co., Inc. has a 52-week low of $85.08 and a 52-week high of $116.46. The firm has a fifty day moving average of $92.22 and a 200-day moving average of $96.96. The stock has a market capitalization of $21.53 billion, a PE ratio of 41.69, a P/E/G ratio of 3.63 and a beta of 0.43. 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 released its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $1.48 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. The business's quarterly 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's dividend payout ratio (DPR) 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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