J. Safra Sarasin Holding AG Acquires 9,801 Shares of Church & Dwight Co., Inc. $CHD

J. Safra Sarasin Holding AG increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 106.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 19,046 shares of the company’s stock after purchasing an additional 9,801 shares during the period. J. Safra Sarasin Holding AG’s holdings in Church & Dwight were worth $1,831,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH grew its position in shares of Church & Dwight by 451.2% in the 1st quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company’s stock valued at $8,924,000 after buying an additional 66,357 shares during the last quarter. Penserra Capital Management LLC boosted its holdings in Church & Dwight by 1,201.4% in the first quarter. Penserra Capital Management LLC now owns 8,342 shares of the company’s stock valued at $918,000 after acquiring an additional 7,701 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Church & Dwight by 1.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 353,960 shares of the company’s stock valued at $38,968,000 after acquiring an additional 5,367 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Church & Dwight by 46.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 77,927 shares of the company’s stock valued at $8,579,000 after acquiring an additional 24,763 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Church & Dwight by 9.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,916 shares of the company’s stock valued at $4,137,000 after purchasing an additional 3,254 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

Shares of CHD opened at $87.88 on Friday. Church & Dwight Co., Inc. has a 12-month low of $85.08 and a 12-month high of $116.46. The business’s fifty day moving average is $92.04 and its 200 day moving average is $96.82. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. The stock has a market cap of $21.41 billion, a P/E ratio of 41.45, a P/E/G ratio of 3.65 and a beta of 0.43.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the firm earned $0.93 earnings per share. The business’s quarterly revenue 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. 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors 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 annualized dividend and a yield of 1.3%. Church & Dwight’s dividend payout ratio (DPR) is presently 55.66%.

Insider Activity at Church & Dwight

In related news, CEO Richard A. Dierker bought 5,470 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were bought at an average price of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the acquisition, 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lee B. Mcchesney bought 5,409 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $91.38 per share, for a total transaction of $494,274.42. Following the acquisition, the executive vice president directly owned 5,409 shares of the company’s stock, valued at approximately $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 12,879 shares of company stock valued at $1,177,702. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on CHD shares. Evercore ISI reduced their price objective on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 4th. Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. 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. Truist Financial set a $110.00 price target on shares of Church & Dwight and gave the company a “buy” rating in a research report on Friday, June 6th. Finally, Barclays cut their target price 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. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average 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.