Vest Financial LLC Grows Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• Vest Financial LLC increased its stake in Church & Dwight Co., Inc. by 1.4%, owning 523,019 shares valued at $50.27 million as of the latest SEC disclosure.
• Executive Vice President Michael Read and CEO Richard A. Dierker both made significant stock purchases, increasing their holdings by 36.33% and 25.16%, respectively.
• Church & Dwight announced a quarterly dividend of $0.295 per share, with an annualized yield of 1.3% and a payout ratio of 55.66%.

Vest Financial LLC increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 523,019 shares of the company's stock after purchasing an additional 7,034 shares during the quarter. Vest Financial LLC owned 0.21% of Church & Dwight worth $50,267,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CHD. Harbor Capital Advisors Inc. bought a new position in Church & Dwight during the first quarter worth $468,000. GAMMA Investing LLC lifted its stake in Church & Dwight by 14.4% during the first quarter. GAMMA Investing LLC now owns 7,829 shares of the company's stock worth $862,000 after purchasing an additional 983 shares during the last quarter. CX Institutional bought a new position in Church & Dwight during the first quarter worth $206,000. Simon Quick Advisors LLC bought a new position in Church & Dwight during the first quarter worth $209,000. Finally, Fifth Third Bancorp lifted its stake in Church & Dwight by 4.1% during the first quarter. Fifth Third Bancorp now owns 13,936 shares of the company's stock worth $1,534,000 after purchasing an additional 549 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Activity at Church & Dwight

In other news, EVP Michael Read bought 2,000 shares of the firm's stock in a transaction that occurred 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 purchase, the executive vice president directly owned 7,505 shares of the company's stock, valued at $684,981.35. This represents a 36.33% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Richard A. Dierker bought 5,470 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average cost of $91.57 per share, with a total value of $500,887.90. Following the purchase, the chief executive officer directly owned 27,212 shares of the company's stock, 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 bought 12,879 shares of company stock valued at $1,177,702 over the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CHD. Redburn Partners set a $83.00 price objective on Church & Dwight in a research note on Monday, July 14th. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. UBS Group dropped their target price on Church & Dwight from $103.00 to $98.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 8th. Wells Fargo & Company dropped their target price on Church & Dwight from $108.00 to $100.00 and set an "overweight" rating on the stock in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. dropped their target price on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $100.88.

Church & Dwight Stock Performance

Shares of CHD opened at $87.61 on Monday. The firm has a 50-day moving average price of $91.38 and a 200 day moving average price of $96.03. The firm has a market capitalization of $21.34 billion, a PE ratio of 41.33, a P/E/G ratio of 3.65 and a beta of 0.43. 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 $85.08 and a 52-week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) 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 analyst estimates of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. Church & Dwight's revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.93 EPS. 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 anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

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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