Church & Dwight Co., Inc. $CHD Shares Sold by Truist Financial Corp

Truist Financial Corp cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 47,614 shares of the company’s stock after selling 2,379 shares during the quarter. Truist Financial Corp’s holdings in Church & Dwight were worth $4,576,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CHD. IAG Wealth Partners LLC lifted its position 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 period. Wayfinding Financial LLC purchased a new position in Church & Dwight in the 1st quarter valued at approximately $40,000. Opal Wealth Advisors LLC acquired a new position in Church & Dwight during the second quarter worth $45,000. Chilton Capital Management LLC boosted its position in Church & Dwight by 90.9% during the first quarter. Chilton Capital Management LLC now owns 420 shares of the company’s stock worth $46,000 after purchasing an additional 200 shares in the last quarter. Finally, Motco acquired a new stake in Church & Dwight in the first quarter valued at $46,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the subject of several research reports. Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a research note on Saturday, June 21st. JPMorgan Chase & Co. cut their target price on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Church & Dwight in a research report on Saturday, September 27th. Rothschild & Co Redburn cut shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 price objective for the company. in a research note on Monday, July 14th. Finally, Barclays reduced their target price on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research note on Monday, August 4th. Seven equities 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’s stock. According to data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average target price of $103.44.

Church & Dwight Price Performance

Shares of CHD stock opened at $90.01 on Wednesday. The firm has a fifty day simple moving average of $91.77 and a 200-day simple moving average of $96.49. The company has a market capitalization of $21.93 billion, a PE ratio of 42.46, a price-to-earnings-growth ratio of 3.67 and a beta of 0.43. Church & Dwight Co., Inc. has a twelve month low of $85.08 and a twelve month high of $116.46. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50.

Church & Dwight (NYSE:CHD) last released 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. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous 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. Equities 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 issued a $0.295 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. Church & Dwight’s dividend payout ratio is currently 55.66%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Lee B. Mcchesney bought 5,409 shares of Church & Dwight 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 purchase, the executive vice president owned 5,409 shares in the company, valued at $494,274.42. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Richard A. Dierker purchased 5,470 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The shares were bought at an average cost of $91.57 per share, with a total value of $500,887.90. Following the transaction, 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 position. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 12,879 shares of company stock valued at $1,177,702. 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.