Czech National Bank grew its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 6.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,198 shares of the company’s stock after acquiring an additional 3,703 shares during the quarter. Czech National Bank’s holdings in Church & Dwight were worth $5,786,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of CHD. Nuveen LLC acquired a new stake in shares of Church & Dwight in the 1st quarter worth $106,736,000. GAMMA Investing LLC increased its stake in shares of Church & Dwight by 12,489.8% in the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company’s stock worth $94,886,000 after acquiring an additional 855,049 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Church & Dwight by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after acquiring an additional 750,575 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock worth $232,845,000 after acquiring an additional 688,863 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Church & Dwight in the 1st quarter worth $41,743,000. 86.60% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. Barclays cut their target price on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a research note on Monday, August 4th. Redburn Atlantic downgraded Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Evercore ISI cut their price objective on 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. Truist Financial set a $110.00 price objective on Church & Dwight and gave the stock a “buy” rating in a research report on Friday, June 6th. Finally, Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $103.94.
Church & Dwight Price Performance
CHD stock opened at $92.07 on Friday. The business has a 50 day moving average price of $94.14 and a 200 day moving average price of $98.57. The stock has a market cap of $22.43 billion, a price-to-earnings ratio of 43.43, a PEG ratio of 3.80 and a beta of 0.44. Church & Dwight Co., Inc. has a fifty-two week low of $90.50 and a fifty-two week 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.
Church & Dwight (NYSE:CHD – Get Free Report) last posted its earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate 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%.The firm’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 earnings per share. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.295 dividend. The ex-dividend date was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. Church & Dwight’s payout ratio is currently 55.66%.
Insider Buying and Selling at Church & Dwight
In related news, CEO Richard A. Dierker bought 5,470 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were acquired at an average price of $91.57 per share, with a total value of $500,887.90. Following the completion of the acquisition, the chief executive officer owned 27,212 shares in the company, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lee B. Mcchesney bought 5,409 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was bought at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the acquisition, the executive vice president owned 5,409 shares of the company’s stock, valued at approximately $494,274.42. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 12,879 shares of company stock worth $1,177,702. 2.00% of the stock is owned by insiders.
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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