GC Wealth Management RIA LLC Acquires New Shares in Church & Dwight Co., Inc. $CHD

GC Wealth Management RIA LLC purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,183 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc increased its stake in shares of Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company’s stock worth $42,000 after purchasing an additional 112 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Church & Dwight during the first quarter valued at about $61,000. Merit Financial Group LLC lifted its holdings in shares of Church & Dwight by 7.3% in the 1st quarter. Merit Financial Group LLC now owns 6,189 shares of the company’s stock valued at $681,000 after acquiring an additional 420 shares during the last quarter. Portside Wealth Group LLC lifted its holdings in shares of Church & Dwight by 5.5% in the 1st quarter. Portside Wealth Group LLC now owns 2,938 shares of the company’s stock valued at $308,000 after acquiring an additional 153 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Church & Dwight by 57.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 22,662 shares of the company’s stock worth $2,495,000 after purchasing an additional 8,225 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was bought at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Richard A. Dierker bought 5,470 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 27,212 shares of the company’s stock, valued at $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 12,879 shares of company stock worth $1,177,702 over the last three months. Company insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 0.5%

NYSE CHD opened at $88.38 on Friday. The company has a market capitalization of $21.53 billion, a PE ratio of 41.69, a P/E/G ratio of 3.63 and a beta of 0.43. The company has a fifty day moving average of $92.22 and a 200 day moving average of $96.96. Church & Dwight Co., Inc. has a 1 year low of $85.08 and a 1 year high of $116.46. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $1.51 billion during 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 period in the previous year, the firm posted $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. Research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a dividend of $0.295 per share. 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%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CHD shares. UBS Group raised their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Barclays cut their price objective on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 21st. Rothschild & Co Redburn lowered shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 price target on the stock. in a report on Monday, July 14th. Finally, Truist Financial set a $110.00 price objective on shares of Church & Dwight and gave the stock a “buy” rating in a research note on Friday, June 6th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Church & Dwight currently has an average rating of “Hold” and an average price target 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.