Wilmington Savings Fund Society FSB Sells 5,392 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Wilmington Savings Fund Society FSB reduced its stake in Church & Dwight by 7.4%, selling 5,392 shares, leaving them with 67,107 shares valued at approximately $6.45 million.
• Church & Dwight recently reported $0.94 earnings per share for the latest quarter, exceeding estimates of $0.85, with revenues of $1.51 billion but a slight decline of 0.3% year-over-year.
• The company declared a quarterly dividend of $0.295, resulting in an annualized yield of 1.4%, and has a payout ratio of 55.66%.

Wilmington Savings Fund Society FSB trimmed its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 7.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,107 shares of the company's stock after selling 5,392 shares during the period. Wilmington Savings Fund Society FSB's holdings in Church & Dwight were worth $6,450,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CHD. Nuveen LLC bought a new stake in Church & Dwight during the first quarter valued at about $106,736,000. Vanguard Group Inc. boosted 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 acquiring an additional 750,575 shares during the period. American Century Companies Inc. boosted its holdings in Church & Dwight by 48.3% during the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock valued at $232,845,000 after acquiring an additional 688,863 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in Church & Dwight during the first quarter valued at about $35,521,000. Finally, Citigroup Inc. boosted its holdings in Church & Dwight by 143.1% during the first quarter. Citigroup Inc. now owns 541,393 shares of the company's stock valued at $59,602,000 after acquiring an additional 318,706 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Performance

NYSE:CHD opened at $86.97 on Wednesday. Church & Dwight Co., Inc. has a 12-month low of $85.08 and a 12-month 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 firm has a market capitalization of $21.19 billion, a PE ratio of 41.02, a price-to-earnings-growth ratio of 3.60 and a beta of 0.43. The firm has a 50-day moving average price of $91.19 and a 200 day moving average price of $95.81.

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 (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the prior year, the business posted $0.93 earnings per share. The company's quarterly 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. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

Analyst Ratings Changes

CHD has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price objective on shares of Church & Dwight from $108.00 to $100.00 and set an "overweight" rating for the company in a research report on Thursday, September 25th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a research report on Monday, July 14th. Evercore ISI cut 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 research report on Monday, August 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Church & Dwight in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Church & Dwight presently has a consensus rating of "Hold" and an average target price of $100.88.

Insider Buying and Selling

In other Church & Dwight news, CEO Richard A. Dierker purchased 5,470 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average price of $91.57 per share, with a total value of $500,887.90. Following the completion of the transaction, the chief executive officer directly owned 27,212 shares of the company's stock, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lee B. Mcchesney acquired 5,409 shares of the firm's stock in a transaction on Friday, August 8th. The shares were purchased at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the completion of the purchase, the executive vice president directly owned 5,409 shares of the company's stock, valued at approximately $494,274.42. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders acquired 12,879 shares of company stock valued at $1,177,702 over the last quarter. Corporate insiders own 1.20% of the company's stock.

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.

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