United Services Automobile Association Invests $675,000 in Church & Dwight Co., Inc. $CHD

Key Points

• United Services Automobile Association has acquired a new stake of 6,186 shares in Church & Dwight Co., Inc., valued at approximately $675,000.
• Church & Dwight reported an EPS of $0.94 for the quarter, exceeding analysts' expectations of $0.85, but revenue declined slightly by 0.3% year-over-year.
• The company recently announced a quarterly dividend of $0.295, resulting in an annualized dividend yield of 1.2%.

United Services Automobile Association bought a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,186 shares of the company's stock, valued at approximately $675,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Church & Dwight by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after purchasing an additional 750,575 shares during the last quarter. Northern Trust Corp grew its position in Church & Dwight by 2.6% in the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company's stock worth $341,028,000 after purchasing an additional 79,170 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Church & Dwight by 5.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,404,961 shares of the company's stock worth $251,823,000 after purchasing an additional 124,560 shares during the last quarter. American Century Companies Inc. grew its position in Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock worth $232,845,000 after purchasing an additional 688,863 shares during the last quarter. Finally, ProShare Advisors LLC grew its position in Church & Dwight by 3.8% in the 4th quarter. ProShare Advisors LLC now owns 1,864,115 shares of the company's stock worth $195,191,000 after purchasing an additional 68,896 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

Insiders Place Their Bets

In related news, EVP Lee B. Mcchesney bought 5,409 shares of the business's stock in a transaction on Friday, August 8th. The stock was bought at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the transaction, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard A. Dierker bought 5,470 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $91.57 per share, with a total value of $500,887.90. Following the transaction, 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 ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 12,879 shares of company stock worth $1,177,702 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Down 1.4%

Shares of NYSE:CHD traded down $1.26 during mid-day trading on Monday, hitting $91.68. The stock had a trading volume of 469,795 shares, compared to its average volume of 2,034,856. Church & Dwight Co., Inc. has a 12-month low of $90.50 and a 12-month high of $116.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. The company has a market cap of $22.33 billion, a PE ratio of 43.23, a P/E/G ratio of 3.84 and a beta of 0.44. The company's 50 day moving average is $94.69 and its 200-day moving average is $98.95.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The company'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. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders 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 dividend payout ratio is presently 55.66%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CHD. Evercore ISI decreased their price objective on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a report on Monday, August 4th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a report on Monday, July 14th. UBS Group increased their price objective on shares of Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Wells Fargo & Company increased their price objective on shares of Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Finally, Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Seven equities 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 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.