Thurston Springer Miller Herd & Titak Inc. Purchases 3,118 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Thurston Springer Miller Herd & Titak Inc. increased its holdings in Church & Dwight Co., Inc. by 13.8% during Q2, acquiring an additional 3,118 shares, bringing its total ownership to 25,780 shares valued at approximately $2.48 million.
• Church & Dwight recently reported quarterly earnings of $0.94 per share, exceeding analysts' expectations of $0.85, with a revenue of $1.51 billion.
• The company declared a quarterly dividend of $0.295 per share, reflecting an annualized yield of 1.3% and a payout ratio of 55.66%.

Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 13.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,780 shares of the company's stock after buying an additional 3,118 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in Church & Dwight were worth $2,478,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CHD. IAG Wealth Partners LLC increased its position in Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after buying an additional 130 shares during the period. Wayfinding Financial LLC acquired a new stake in shares of Church & Dwight during the 1st quarter worth $40,000. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight during the 4th quarter worth $42,000. Versant Capital Management Inc grew its holdings in shares of Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after purchasing an additional 112 shares in the last quarter. Finally, Chilton Capital Management LLC grew its holdings in shares of Church & Dwight by 90.9% during the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the topic of several analyst reports. Truist Financial set a $110.00 target price on Church & Dwight and gave the stock a "buy" rating in a report on Friday, June 6th. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Redburn Partners set a $83.00 price objective on Church & Dwight in a research note on Monday, July 14th. UBS Group raised 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. Finally, Barclays reduced their price objective on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a research note on Monday, August 4th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $103.94.

Church & Dwight Stock Performance

Shares of CHD stock opened at $93.06 on Friday. The business's 50-day moving average price is $94.69 and its 200-day moving average price is $99.02. 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 capitalization of $22.67 billion, a price-to-earnings ratio of 43.90, a PEG ratio of 3.90 and a beta of 0.44. Church & Dwight Co., Inc. has a 12 month low of $90.50 and a 12 month high of $116.46.

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. The company had revenue of $1.51 billion for 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 firm's quarterly revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

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

Insiders Place Their Bets

In other Church & Dwight news, EVP Carlen Hooker sold 6,380 shares of Church & Dwight stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $98.30, for a total value of $627,154.00. Following the completion of the sale, the executive vice president directly owned 262 shares in the company, valued at approximately $25,754.60. The trade was a 96.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael Read bought 2,000 shares of the stock in a transaction on Tuesday, August 5th. The stock was acquired 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 owned 7,505 shares of the company's stock, valued at $684,981.35. This represents a 36.33% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 12,879 shares of company stock valued at $1,177,702. Company 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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