Bath Savings Trust Co Sells 22,623 Shares of Church & Dwight Co., Inc. $CHD

Bath Savings Trust Co lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 11.8% during the 2nd quarter, Holdings Channel reports. The firm owned 169,369 shares of the company’s stock after selling 22,623 shares during the period. Church & Dwight makes up approximately 1.6% of Bath Savings Trust Co’s portfolio, making the stock its 20th biggest position. Bath Savings Trust Co’s holdings in Church & Dwight were worth $16,278,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. IAG Wealth Partners LLC raised its position in shares of Church & Dwight by 92.9% in 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 acquired a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $40,000. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $42,000. Versant Capital Management Inc raised its position 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 valued at $42,000 after acquiring an additional 112 shares during the period. Finally, Chilton Capital Management LLC raised its position in shares of Church & Dwight by 90.9% in the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company’s stock valued at $46,000 after acquiring an additional 200 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CHD has been the topic of a number of analyst reports. Barclays cut their price target on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. JPMorgan Chase & Co. cut their price target on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Wall Street Zen upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. 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 report on Thursday, July 17th. Finally, Redburn Partners set a $83.00 target price on shares of Church & Dwight in a report on Monday, July 14th. 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. According to data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average price target of $103.94.

Insider Transactions at Church & Dwight

In other news, CEO Richard A. Dierker bought 5,470 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was bought 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 of the company’s stock, valued at $2,491,802.84. This represents a 25.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Lee B. Mcchesney purchased 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, with a total value of $494,274.42. Following the purchase, the executive vice president owned 5,409 shares of the company’s stock, valued at $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 12,879 shares of company stock valued at $1,177,702. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Up 0.4%

CHD stock opened at $91.90 on Thursday. 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 company has a fifty day moving average price of $94.28 and a two-hundred day moving average price of $98.71. Church & Dwight Co., Inc. has a one year low of $90.50 and a one year high of $116.46. The stock has a market cap of $22.39 billion, a price-to-earnings ratio of 43.35, a price-to-earnings-growth ratio of 3.78 and a beta of 0.44.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the previous year, the business posted $0.93 earnings per share. The company’s revenue for the quarter was down .3% compared to the same quarter last year. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.295 per share. 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 (DPR) is currently 55.66%.

About Church & Dwight

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.