Stephens Inc. AR Boosts Stake in Church & Dwight Co., Inc. $CHD

Key Points

• Stephens Inc. AR increased its stake in Church & Dwight Co., Inc. by 33.4%, owning 21,929 shares valued at approximately $2.1 million after purchasing an additional 5,486 shares in the second quarter.
• Multiple institutional investors have also significantly raised their stakes in Church & Dwight, with Allianz Asset Management increasing its position by 451.2% in the first quarter.
• Church & Dwight recently reported better-than-expected quarterly earnings, posting $0.94 EPS, surpassing analyst estimates of $0.85, and announced a quarterly dividend of $0.295 per share.

Stephens Inc. AR grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 33.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,929 shares of the company's stock after buying an additional 5,486 shares during the quarter. Stephens Inc. AR's holdings in Church & Dwight were worth $2,108,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH raised its position in Church & Dwight by 451.2% in the 1st quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company's stock worth $8,924,000 after purchasing an additional 66,357 shares during the period. Penserra Capital Management LLC raised its position in Church & Dwight by 1,201.4% in the 1st quarter. Penserra Capital Management LLC now owns 8,342 shares of the company's stock worth $918,000 after purchasing an additional 7,701 shares during the period. Price T Rowe Associates Inc. MD raised its position in Church & Dwight by 1.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 353,960 shares of the company's stock worth $38,968,000 after purchasing an additional 5,367 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in Church & Dwight by 9.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,916 shares of the company's stock worth $4,137,000 after purchasing an additional 3,254 shares during the period. Finally, IFM Investors Pty Ltd raised its position in Church & Dwight by 8.0% in the 1st quarter. IFM Investors Pty Ltd now owns 49,762 shares of the company's stock worth $5,211,000 after purchasing an additional 3,667 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Analyst Ratings Changes

CHD has been the topic of a number of analyst reports. Oppenheimer set a $100.00 price objective on shares of Church & Dwight and gave the company an "outperform" rating in a research report on Tuesday. Bank of America decreased their price objective on shares of Church & Dwight from $120.00 to $105.00 and set a "buy" rating on the stock in a research report on Wednesday, October 8th. Wells Fargo & Company decreased 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 report on Thursday, September 25th. Evercore ISI decreased 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 report on Monday, August 4th. Finally, Barclays decreased 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 report on Monday, August 4th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat, Church & Dwight currently has a consensus rating of "Hold" and an average target price of $100.00.

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 purchased at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the purchase, the chief executive officer owned 27,212 shares in the company, valued at approximately $2,491,802.84. This represents a 25.16% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Read acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were bought at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the transaction, the executive vice president owned 7,505 shares of the company's stock, valued at $684,981.35. This trade represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, 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 Trading Up 0.1%

NYSE:CHD opened at $88.05 on Thursday. Church & Dwight Co., Inc. has a one year low of $85.08 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's 50-day simple moving average is $90.65 and its 200 day simple moving average is $95.03. The firm has a market capitalization of $21.45 billion, a P/E ratio of 41.53, a PEG ratio of 3.79 and a beta of 0.43.

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 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 business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Church & Dwight'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. As a group, analysts forecast 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. 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 dividend payout ratio is currently 55.66%.

About Church & Dwight

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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