T. Rowe Price Investment Management Inc. Purchases Shares of 3,322 Church & Dwight Co., Inc. $CHD

Key Points

• T. Rowe Price Investment Management Inc. acquired a new stake in Church & Dwight Co., Inc., purchasing 3,322 shares valued at approximately $366,000 in the first quarter.
• Church & Dwight declared a quarterly dividend of $0.295 per share, representing a 1.3% yield, to be paid on September 2nd.
• The company's stock is currently trading around $92.85, with a 12-month price range between $90.50 and $116.46.

T. Rowe Price Investment Management Inc. purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,322 shares of the company's stock, valued at approximately $366,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Level Four Advisory Services LLC boosted its stake in shares of Church & Dwight by 6.7% during the first quarter. Level Four Advisory Services LLC now owns 73,898 shares of the company's stock valued at $8,135,000 after purchasing an additional 4,640 shares during the period. Humankind Investments LLC boosted its stake in shares of Church & Dwight by 5.9% during the first quarter. Humankind Investments LLC now owns 5,281 shares of the company's stock valued at $581,000 after purchasing an additional 294 shares during the period. Credit Agricole S A boosted its stake in shares of Church & Dwight by 0.6% during the first quarter. Credit Agricole S A now owns 89,948 shares of the company's stock valued at $9,902,000 after purchasing an additional 580 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of Church & Dwight by 4.9% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 5,288 shares of the company's stock valued at $582,000 after purchasing an additional 245 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of Church & Dwight during the first quarter valued at approximately $318,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity

In other news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $99.00, for a total transaction of $1,451,340.00. Following the completion of the transaction, the director directly owned 13,747 shares in the company, valued at $1,360,953. This trade represents a 51.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael Read purchased 2,000 shares of Church & Dwight stock in a transaction dated Tuesday, August 5th. The shares were bought at an average price of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president directly owned 7,505 shares of the company's stock, valued at approximately $684,981.35. This represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 12,879 shares of company stock valued at $1,177,702 and sold 32,915 shares valued at $3,251,150. Insiders own 2.00% of the company's stock.

Church & Dwight Stock Down 0.9%

Church & Dwight stock traded down $0.88 on Thursday, hitting $92.16. 1,511,210 shares of the stock traded hands, compared to its average volume of 2,348,288. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The firm has a market cap of $22.45 billion, a P/E ratio of 43.47, a price-to-earnings-growth ratio of 3.84 and a beta of 0.43. The business's fifty day simple moving average is $95.27 and its 200 day simple moving average is $99.99. Church & Dwight Co., Inc. has a 1 year low of $90.50 and a 1 year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The company's revenue for the quarter was down .3% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 earnings per share. 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, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a dividend of $0.295 per share. The ex-dividend date is Friday, August 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. Church & Dwight's dividend payout ratio (DPR) is presently 55.66%.

Analyst Ratings Changes

A number of research firms have recently weighed in on CHD. UBS Group increased their price objective on Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Rothschild & Co Redburn lowered Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective for the company. in a research note on Monday, July 14th. Barclays dropped their price target on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, JPMorgan Chase & Co. dropped their price target on 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 assigned 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 $103.94.

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.