Asset Advisors Investment Management LLC Sells 15,507 Shares of Church & Dwight Co., Inc. $CHD

Asset Advisors Investment Management LLC reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 8.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,222 shares of the company’s stock after selling 15,507 shares during the quarter. Church & Dwight accounts for 1.4% of Asset Advisors Investment Management LLC’s portfolio, making the stock its 26th largest position. Asset Advisors Investment Management LLC owned approximately 0.07% of Church & Dwight worth $14,391,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its position in Church & Dwight by 1.2% in the second quarter. Vanguard Group Inc. now owns 31,830,529 shares of the company’s stock valued at $3,059,232,000 after purchasing an additional 388,890 shares in the last quarter. State Street Corp grew its stake in shares of Church & Dwight by 3.0% in the second quarter. State Street Corp now owns 13,467,055 shares of the company’s stock valued at $1,294,319,000 after buying an additional 387,667 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Church & Dwight by 2.9% in the second quarter. Geode Capital Management LLC now owns 6,290,207 shares of the company’s stock valued at $601,991,000 after buying an additional 177,990 shares during the last quarter. Invesco Ltd. grew its stake in Church & Dwight by 25.1% in the 2nd quarter. Invesco Ltd. now owns 3,510,113 shares of the company’s stock valued at $337,357,000 after buying an additional 703,171 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Church & Dwight by 1.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,317,338 shares of the company’s stock worth $291,660,000 after acquiring an additional 48,259 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Argus lowered their price target on shares of Church & Dwight from $110.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, December 4th. UBS Group lowered their target price on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Wells Fargo & Company set a $92.00 price target on Church & Dwight and gave the company an “overweight” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $100.00 target price (down from $102.00) on shares of Church & Dwight in a report on Wednesday, December 10th. Finally, Jefferies Financial Group set a $102.00 price target on Church & Dwight in a research note on Tuesday, December 16th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $99.10.

Church & Dwight Stock Up 1.6%

Shares of CHD opened at $85.46 on Wednesday. The stock has a market capitalization of $20.52 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 3.88 and a beta of 0.46. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $116.46. The stock has a fifty day moving average of $84.45 and a 200-day moving average of $89.70. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.66 and a current ratio of 1.09.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, October 31st. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.08. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.54 billion. Church & Dwight had a return on equity of 19.32% and a net margin of 12.74%.Church & Dwight’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.79 EPS. Church & Dwight has set its Q4 2025 guidance at 0.830-0.83 EPS and its FY 2025 guidance at 3.490-3.49 EPS. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were issued a $0.295 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.18 annualized dividend and a yield of 1.4%. Church & Dwight’s dividend payout ratio is presently 37.11%.

Church & Dwight Profile

Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.

The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.