United Services Automobile Association Purchases Shares of 6,186 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 shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,186 shares of the company's stock, valued at approximately $675,000.

A number of other large investors also recently made changes to their positions in CHD. Nuveen LLC bought a new stake in shares of Church & Dwight in the 1st quarter valued at about $106,736,000. GAMMA Investing LLC boosted its stake in Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock worth $94,886,000 after acquiring an additional 855,049 shares during the last quarter. Vanguard Group Inc. grew its holdings in Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock valued at $3,461,410,000 after purchasing an additional 750,575 shares during the period. American Century Companies Inc. increased its stake in Church & Dwight by 48.3% in the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock valued at $232,845,000 after purchasing an additional 688,863 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Church & Dwight in the first quarter worth $41,743,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Stock Down 1.4%

Shares of NYSE:CHD traded down $1.36 during midday trading on Friday, reaching $93.06. The company had a trading volume of 1,480,179 shares, compared to its average volume of 1,770,856. The business's 50 day moving average price is $94.69 and its 200 day moving average price is $99.08. Church & Dwight Co., Inc. has a 1-year low of $90.50 and a 1-year high of $116.46. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. The stock has a market cap of $22.67 billion, a PE ratio of 43.90, a P/E/G ratio of 3.90 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The business's revenue was down .3% compared to the same quarter last year. During the same period last year, the company 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. Research 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 disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a dividend of $0.295 per share. The ex-dividend date was Friday, August 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. Church & Dwight's payout ratio is currently 55.66%.

Insiders Place Their Bets

In other news, EVP Michael Read acquired 2,000 shares of the stock in a transaction on Tuesday, August 5th. The shares were purchased at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the transaction, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Lee B. Mcchesney purchased 5,409 shares of Church & Dwight stock in a transaction that occurred on Friday, August 8th. The shares were bought at an average cost 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 of the company's stock, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 12,879 shares of company stock worth $1,177,702 over the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Truist Financial set a $110.00 price objective on Church & Dwight and gave the company a "buy" rating in a research report on Friday, June 6th. Barclays cut their price target on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a research note on Monday, August 4th. UBS Group increased their price objective on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Finally, Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research note on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock 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.