Tobam Raises Stake in Church & Dwight Co., Inc. $CHD

Tobam grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 32.2% in the second quarter, HoldingsChannel reports. The fund owned 76,468 shares of the company’s stock after purchasing an additional 18,618 shares during the quarter. Church & Dwight makes up about 2.9% of Tobam’s portfolio, making the stock its 4th largest holding. Tobam’s holdings in Church & Dwight were worth $7,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Nuveen LLC bought a new stake in Church & Dwight during the 1st quarter valued at approximately $106,736,000. Vanguard Group Inc. lifted its stake in 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 purchasing an additional 750,575 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Church & Dwight by 48.3% during the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company’s stock valued at $232,845,000 after purchasing an additional 688,863 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in shares of Church & Dwight during the first quarter valued at about $35,521,000. Finally, Citigroup Inc. grew its holdings in shares of Church & Dwight by 143.1% in the first 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 in the last quarter. Institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the subject of several recent research reports. Wells Fargo & Company dropped their price target on Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Oppenheimer set a $100.00 price objective on Church & Dwight and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Barclays set a $82.00 target price on Church & Dwight and gave the stock an “underweight” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an “underweight” rating on the stock in a research note on Monday, August 4th. Finally, Bank of America reduced their price target on Church & Dwight from $120.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $99.00.

Church & Dwight Trading Up 1.1%

NYSE CHD opened at $85.53 on Wednesday. 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 one year low of $81.33 and a one year high of $116.46. The firm has a 50 day simple moving average of $88.44 and a 200-day simple moving average of $93.13. The firm has a market cap of $20.54 billion, a price-to-earnings ratio of 40.34, a PEG ratio of 3.52 and a beta of 0.42.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, October 31st. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.73 by $0.08. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the company posted $0.79 earnings per share. The firm’s revenue was up 5.0% compared to the same quarter last year. Church & Dwight has set its Q4 2025 guidance at 0.830-0.83 EPS. FY 2025 guidance at 3.490-3.49 EPS. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, November 14th. Church & Dwight’s dividend payout ratio (DPR) is 37.11%.

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.