Church & Dwight Co., Inc. $CHD Shares Sold by Vident Advisory LLC

Key Points

• Vident Advisory LLC has reduced its holdings in Church & Dwight Co. by 40%, selling 9,143 shares, and now holds 13,731 shares valued at approximately $1.51 million.
• Church & Dwight's recent quarterly earnings report showed an EPS of $0.94, exceeding the consensus estimate of $0.85, despite a 0.3% decrease in revenue compared to last year.
• The company has declared a quarterly dividend of $0.295 per share, with an annualized yield of 1.3% and a dividend payout ratio of 55.66%.

Vident Advisory LLC lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 40.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,731 shares of the company's stock after selling 9,143 shares during the quarter. Vident Advisory LLC's holdings in Church & Dwight were worth $1,512,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. IAG Wealth Partners LLC increased its stake in shares of Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Wayfinding Financial LLC acquired a new position in shares of Church & Dwight during the 1st quarter valued at about $40,000. Bernard Wealth Management Corp. acquired a new position in shares of Church & Dwight during the 4th quarter valued at about $42,000. Versant Capital Management Inc increased its stake in shares of Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after acquiring an additional 112 shares during the last quarter. Finally, Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 90.9% during the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock valued at $46,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Royal Bank Of Canada upgraded Church & Dwight from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $100.00 to $114.00 in a report on Monday, June 2nd. UBS Group boosted their target price on Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Wells Fargo & Company boosted their target price on Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Finally, Redburn Partners set a $83.00 target price on Church & Dwight in a report on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of "Hold" and an average price target of $103.94.

Church & Dwight Stock Up 0.5%

NYSE CHD traded up $0.48 on Friday, reaching $95.71. The company had a trading volume of 2,928,369 shares, compared to its average volume of 1,812,918. The firm has a market capitalization of $23.32 billion, a PE ratio of 45.15, a P/E/G ratio of 3.96 and a beta of 0.44. Church & Dwight Co., Inc. has a 1 year low of $90.50 and a 1 year high of $116.46. The firm has a 50-day moving average of $95.06 and a 200-day moving average of $99.48. 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 (NYSE:CHD - Get Free Report) last released 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. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.Church & Dwight's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced 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. This represents a $1.18 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 15th. Church & Dwight's dividend payout ratio is 55.66%.

Insiders Place Their Bets

In other Church & Dwight news, CEO Richard A. Dierker bought 5,470 shares of Church & Dwight stock in a transaction dated Tuesday, August 12th. The stock was bought at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the purchase, the chief executive officer owned 27,212 shares in the company, valued at $2,491,802.84. This represents a 25.16% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read bought 2,000 shares of Church & Dwight stock in a transaction dated Tuesday, August 5th. The shares were 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 owned 7,505 shares in the company, valued at approximately $684,981.35. The trade was a 36.33% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 12,879 shares of company stock valued at $1,177,702. Corporate insiders own 2.00% of the company's stock.

About Church & Dwight

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.