UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Increases Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• UBS Asset Management increased its stake in Church & Dwight Co., Inc. by 6.4% during the first quarter, owning approximately 1.04% of the company worth $281.6 million.
• Church & Dwight recently reported $0.94 EPS for the last quarter, exceeding analyst expectations of $0.85, despite a 0.3% drop in revenue compared to last year.
• The company announced a quarterly dividend of $0.295 per share, yielding approximately 1.3%, with a payout ratio of 55.66%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,558,231 shares of the company's stock after buying an additional 153,270 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 1.04% of Church & Dwight worth $281,636,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CHD. IAG Wealth Partners LLC raised its stake in Church & Dwight by 92.9% during the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after buying an additional 130 shares during the last quarter. Wayfinding Financial LLC purchased a new position in shares of Church & Dwight in the first quarter worth $40,000. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight in the fourth quarter worth $42,000. Versant Capital Management Inc raised its stake 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 worth $42,000 after purchasing an additional 112 shares during the last quarter. Finally, Chilton Capital Management LLC raised its stake in shares of Church & Dwight by 90.9% in the first quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Buying and Selling

In related news, CEO Richard A. Dierker purchased 5,470 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was acquired at an average price 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 of the company's stock, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Read purchased 2,000 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were 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 of the company's stock, valued at $684,981.35. This trade represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 12,879 shares of company stock worth $1,177,702. Company insiders own 2.00% of the company's stock.

Church & Dwight Stock Performance

Shares of CHD opened at $93.02 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. Church & Dwight Co., Inc. has a one year low of $90.50 and a one year high of $116.46. The firm has a market capitalization of $22.66 billion, a P/E ratio of 43.88, a PEG ratio of 3.92 and a beta of 0.44. The business has a fifty day moving average of $94.87 and a 200 day moving average of $99.30.

Church & Dwight (NYSE:CHD - Get Free Report) last issued 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 return on equity of 19.27% and a net margin of 8.66%.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 previous year, the company posted $0.93 earnings per share. Church & Dwight's 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. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

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

Analyst Ratings Changes

Several research firms have recently weighed in on CHD. Royal Bank Of Canada upgraded Church & Dwight from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from $100.00 to $114.00 in a research note on Monday, June 2nd. UBS Group boosted their price target on Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Redburn Atlantic cut Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Wells Fargo & Company boosted their price target on Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Finally, Redburn Partners set a $83.00 price target on Church & Dwight in a research note on Monday, July 14th. 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. According to MarketBeat, the company presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.