Sage Mountain Advisors LLC Invests $687,000 in Church & Dwight Co., Inc. $CHD

Sage Mountain Advisors LLC bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the 2nd quarter, Holdings Channel.com reports. The firm bought 7,151 shares of the company’s stock, valued at approximately $687,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Nuveen LLC acquired a new position in shares of Church & Dwight in the 1st quarter worth approximately $106,736,000. Vanguard Group Inc. grew its holdings in shares of Church & Dwight by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company’s stock worth $3,461,410,000 after acquiring an additional 750,575 shares during the last quarter. American Century Companies Inc. raised its position 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 during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Church & Dwight during the first quarter valued at $35,521,000. Finally, Citigroup Inc. boosted its position in shares of Church & Dwight by 143.1% in the 1st quarter. Citigroup Inc. now owns 541,393 shares of the company’s stock valued at $59,602,000 after purchasing an additional 318,706 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In related news, EVP Lee B. Mcchesney acquired 5,409 shares of the stock in a transaction dated Friday, August 8th. The shares were 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 approximately $494,274.42. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Michael Read bought 2,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was bought at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president owned 7,505 shares in the company, valued at $684,981.35. This represents a 36.33% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 12,879 shares of company stock valued at $1,177,702. 2.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on CHD shares. Rothschild & Co Redburn lowered 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. Oppenheimer set a $100.00 price target on shares of Church & Dwight and gave the company an “outperform” rating in a research report on Tuesday. Citigroup reduced their target price on Church & Dwight from $88.00 to $85.00 and set a “sell” rating for the company in a report on Thursday, October 9th. Barclays dropped their price target on Church & Dwight from $84.00 to $83.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Finally, Wells Fargo & Company dropped their target price on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $100.00.

Church & Dwight Price Performance

Shares of CHD opened at $85.87 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. Church & Dwight Co., Inc. has a twelve month low of $85.08 and a twelve month high of $116.46. The firm’s 50 day moving average price is $90.40 and its 200 day moving average price is $94.76. The firm has a market cap of $20.92 billion, a PE ratio of 40.51, a PEG ratio of 3.70 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. The firm’s revenue for the quarter was down .3% on a year-over-year basis. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid 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 1.4%. Church & Dwight’s dividend payout ratio (DPR) is currently 55.66%.

Church & Dwight Company 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.