Simplicity Wealth LLC Grows Stock Position in Church & Dwight Co., Inc. $CHD

Key Points

• Simplicity Wealth LLC increased its stock position in Church & Dwight Co., Inc. by 115.9% during the second quarter, owning a total of 26,036 shares valued at approximately $2.5 million.
• Church & Dwight's stock recently saw a decline of 0.6%, trading at $87.88, while its market cap is around $21.41 billion.
• The company reported a Q2 EPS of $0.94, exceeding analysts' expectations, despite a 0.3% revenue decline year-over-year.

Simplicity Wealth LLC grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 115.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,036 shares of the company's stock after buying an additional 13,976 shares during the period. Simplicity Wealth LLC's holdings in Church & Dwight were worth $2,502,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in Church & Dwight during the first quarter worth about $61,000. Merit Financial Group LLC boosted its holdings in Church & Dwight by 7.3% in the 1st quarter. Merit Financial Group LLC now owns 6,189 shares of the company's stock worth $681,000 after buying an additional 420 shares during the period. Gateway Investment Advisers LLC grew its stake in Church & Dwight by 77.0% in the 1st quarter. Gateway Investment Advisers LLC now owns 10,796 shares of the company's stock valued at $1,189,000 after buying an additional 4,698 shares in the last quarter. Wedmont Private Capital raised its holdings in Church & Dwight by 12.9% during the 1st quarter. Wedmont Private Capital now owns 5,106 shares of the company's stock valued at $533,000 after acquiring an additional 582 shares during the period. Finally, Pallas Capital Advisors LLC purchased a new stake in shares of Church & Dwight during the first quarter worth $278,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Analyst Ratings Changes

CHD has been the subject of several recent research reports. Redburn Partners set a $83.00 price target on Church & Dwight in a research report on Monday, July 14th. Wells Fargo & Company reduced their target price on Church & Dwight from $108.00 to $100.00 and set an "overweight" rating for the company in a report on Thursday, September 25th. Rothschild & Co Redburn cut Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price target on the stock. in a research report on Monday, July 14th. Barclays lowered their price target on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. reduced their price objective 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 analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $103.44.

Church & Dwight Stock Down 0.6%

CHD stock opened at $87.88 on Monday. The company's 50 day moving average is $92.04 and its 200 day moving average is $96.67. The stock has a market cap of $21.41 billion, a price-to-earnings ratio of 41.45, a price-to-earnings-growth ratio of 3.63 and a beta of 0.43. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 1-year low of $85.08 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 EPS. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read purchased 2,000 shares of Church & Dwight stock in a transaction on Tuesday, August 5th. The shares were acquired at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the completion of the transaction, the executive vice president directly owned 7,505 shares of the company's stock, valued at approximately $684,981.35. The trade was a 36.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Lee B. Mcchesney acquired 5,409 shares of the stock in a transaction dated Friday, August 8th. The stock was acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the acquisition, the executive vice president owned 5,409 shares in the company, valued at approximately $494,274.42. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 12,879 shares of company stock valued at $1,177,702 over the last quarter. 2.00% of the stock is owned by corporate insiders.

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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