Asset Advisors Investment Management LLC Cuts Holdings in Church & Dwight Co., Inc. $CHD

Asset Advisors Investment Management LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 3.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 179,729 shares of the company’s stock after selling 5,561 shares during the period. Church & Dwight comprises 1.7% of Asset Advisors Investment Management LLC’s investment portfolio, making the stock its 19th biggest position. Asset Advisors Investment Management LLC’s holdings in Church & Dwight were worth $17,274,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after purchasing an additional 750,575 shares in the last quarter. Northern Trust Corp increased its stake in shares of Church & Dwight by 2.6% during the first quarter. Northern Trust Corp now owns 3,097,722 shares of the company’s stock worth $341,028,000 after purchasing an additional 79,170 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Church & Dwight by 6.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,558,231 shares of the company’s stock worth $281,636,000 after purchasing an additional 153,270 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Church & Dwight by 48.3% during the first quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock worth $232,845,000 after purchasing an additional 688,863 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Church & Dwight by 1.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,474,870 shares of the company’s stock worth $162,368,000 after purchasing an additional 26,286 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In related news, EVP Michael Read bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The shares were purchased at an average cost of $91.27 per share, with a total value 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 represents a 36.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Lee B. Mcchesney bought 5,409 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 5,409 shares in the company, valued at approximately $494,274.42. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 12,879 shares of company stock valued at $1,177,702 in the last ninety days. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

NYSE:CHD opened at $88.38 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. The firm has a market capitalization of $21.53 billion, a price-to-earnings ratio of 41.69, a PEG ratio of 3.63 and a beta of 0.43. The company’s 50-day moving average is $92.22 and its two-hundred day moving average is $96.96. Church & Dwight Co., Inc. has a 1-year low of $85.08 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.94 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 analyst estimates of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the business 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. Analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current 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 given 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 dividend yield of 1.3%. Church & Dwight’s dividend payout ratio is currently 55.66%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CHD. 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 note on Monday, August 4th. UBS Group boosted their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the stock a “buy” rating in a research note on Friday, June 6th. Wells Fargo & Company cut their target price on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Finally, Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research note on Monday, July 14th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $103.44.

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.