U.S. Capital Wealth Advisors LLC Purchases Shares of 5,847 Church & Dwight Co., Inc. $CHD

Key Points

• U.S. Capital Wealth Advisors LLC purchased 5,847 shares of Church & Dwight Co., Inc. valued at approximately $562,000 in the 2nd quarter of 2023.
• Church & Dwight reported $0.94 earnings per share for the recent quarter, exceeding estimates and experiencing a year-over-year revenue decrease of 0.3%.
• The company declared a quarterly dividend of $0.295 per share, yielding 1.4%, with a dividend payout ratio of 55.66%.

U.S. Capital Wealth Advisors LLC acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,847 shares of the company's stock, valued at approximately $562,000.

Several other institutional investors have also recently made changes to their positions in CHD. IAG Wealth Partners LLC increased its holdings in Church & Dwight by 92.9% in 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 in the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Church & Dwight during the 1st quarter valued at about $40,000. Versant Capital Management Inc increased its stake in shares of Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares in the last quarter. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 90.9% in the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock valued at $46,000 after purchasing an additional 200 shares in the last quarter. Finally, Motco acquired a new position in Church & Dwight in the 1st quarter worth about $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Price Performance

Church & Dwight stock opened at $85.90 on Friday. The company has a fifty day simple moving average of $93.20 and a 200-day simple moving average of $97.73. The firm has a market capitalization of $20.93 billion, a price-to-earnings ratio of 40.52, a PEG ratio of 3.59 and a beta of 0.44. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 52-week low of $85.61 and a 52-week high of $116.46.

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, 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 firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the previous year, the business posted $0.93 earnings per share. Church & Dwight's quarterly revenue was down .3% on a year-over-year basis. 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, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's dividend payout ratio (DPR) is currently 55.66%.

Insider Buying and Selling

In related news, CEO Richard A. Dierker acquired 5,470 shares of the stock in a transaction on Tuesday, August 12th. The shares were bought at an average price of $91.57 per share, with a total value of $500,887.90. Following the completion of the purchase, the chief executive officer owned 27,212 shares of the company's stock, valued at approximately $2,491,802.84. This represents a 25.16% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lee B. Mcchesney bought 5,409 shares of the company's stock in a transaction on Friday, August 8th. The stock was bought at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the acquisition, the executive vice president owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 12,879 shares of company stock worth $1,177,702. 2.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the topic of several research analyst reports. Redburn Atlantic lowered Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. Royal Bank Of Canada raised shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from $100.00 to $114.00 in a research note on Monday, June 2nd. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a research report on Monday, July 14th. Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Finally, Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $103.44.

Church & Dwight Company 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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