Weiss Ratings Reaffirms "Hold (C)" Rating for Church & Dwight (NYSE:CHD)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for Church & Dwight (NYSE:CHD) amidst mixed sentiments from other analysts, including downgrades from Rothschild & Co Redburn and Barclays.
• The company reported a quarterly earnings per share (EPS) of $0.94, surpassing analysts' expectations, although revenue was down 0.3% from the previous year.
• Despite its current market fluctuations, Church & Dwight has seen significant insider buying, with executives acquiring over 12,000 shares in recent months.

Church & Dwight (NYSE:CHD - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

CHD has been the topic of several other reports. Rothschild & Co Redburn downgraded Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective on the stock. in a report on Monday, July 14th. Redburn Partners set a $83.00 price target on Church & Dwight in a research note on Monday, July 14th. Barclays dropped their target price on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Wells Fargo & Company cut their price target on Church & Dwight from $108.00 to $100.00 and set an "overweight" rating on the stock in a research note on Thursday, September 25th. Finally, Redburn Atlantic cut Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $101.88.

Church & Dwight Price Performance

Shares of CHD stock traded down $1.10 during mid-day trading on Wednesday, reaching $88.91. The stock had a trading volume of 1,621,447 shares, compared to its average volume of 2,189,157. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The company has a market cap of $21.66 billion, a P/E ratio of 41.94, a price-to-earnings-growth ratio of 3.72 and a beta of 0.43. Church & Dwight has a 12-month low of $85.08 and a 12-month high of $116.46. The business has a 50-day simple moving average of $91.63 and a 200 day simple moving average of $96.44.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter last year, the company earned $0.93 earnings per share. The business's revenue for the quarter 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. On average, sell-side analysts anticipate that Church & Dwight will post 3.7 earnings per share for the current year.

Insider Activity

In other news, EVP Michael Read purchased 2,000 shares of Church & Dwight stock in a transaction dated Tuesday, August 5th. The stock was purchased at an average cost 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 trade represents a 36.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lee B. Mcchesney acquired 5,409 shares of the company's stock in a transaction dated Friday, August 8th. The shares were bought at an average cost of $91.38 per share, with a total value of $494,274.42. Following the completion of the acquisition, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders bought 12,879 shares of company stock worth $1,177,702 in the last three months. Corporate insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Church & Dwight

Several hedge funds and other institutional investors have recently modified their holdings of CHD. IAG Wealth Partners LLC lifted its position in Church & Dwight by 92.9% during the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares during the period. Wayfinding Financial LLC bought a new position in shares of Church & Dwight during the 1st quarter worth approximately $40,000. Opal Wealth Advisors LLC acquired a new position in Church & Dwight during the 2nd quarter valued at approximately $45,000. Chilton Capital Management LLC boosted its holdings 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 acquiring an additional 200 shares during the last quarter. Finally, Motco acquired a new position in Church & Dwight during the first quarter worth $46,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

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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