Nissay Asset Management Corp Japan ADV increased its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 140.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,222 shares of the company’s stock after purchasing an additional 43,379 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Church & Dwight were worth $8,171,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC increased its holdings in Church & Dwight by 92.9% during 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 in the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Church & Dwight during the 1st quarter worth about $40,000. Bernard Wealth Management Corp. acquired a new position in Church & Dwight during the fourth quarter worth approximately $42,000. Versant Capital Management Inc raised its stake in Church & Dwight by 42.1% during the first quarter. Versant Capital Management Inc now owns 378 shares of the company’s stock worth $42,000 after purchasing an additional 112 shares during the period. Finally, Chilton Capital Management LLC raised its stake in Church & Dwight by 90.9% during the first quarter. Chilton Capital Management LLC now owns 420 shares of the company’s stock worth $46,000 after purchasing an additional 200 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on CHD shares. JPMorgan Chase & Co. reduced 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. Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $105.00 to $108.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Redburn Atlantic lowered shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research note on Monday, July 14th. Evercore ISI dropped their price target on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 4th. Finally, Rothschild & Co Redburn lowered shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 target price for the company. in a research note on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $103.94.
Church & Dwight Stock Performance
NYSE:CHD opened at $95.71 on Friday. Church & Dwight Co., Inc. has a twelve month low of $90.50 and a twelve month high of $116.46. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average of $95.06 and a 200-day moving average of $99.48. The firm has a market cap of $23.32 billion, a price-to-earnings ratio of 45.15, a price-to-earnings-growth ratio of 3.96 and a beta of 0.44.
Church & Dwight (NYSE:CHD – Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same period last year, the company posted $0.93 earnings per share. The business’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. Analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 55.66%.
Insider Activity at Church & Dwight
In related news, EVP Lee B. Mcchesney purchased 5,409 shares of Church & Dwight stock in a transaction dated Friday, August 8th. The stock was acquired at an average cost of $91.38 per share, with a total value of $494,274.42. Following the completion of the transaction, the executive vice president directly owned 5,409 shares of the company’s stock, valued at $494,274.42. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Read purchased 2,000 shares of Church & Dwight 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 transaction, the executive vice president directly owned 7,505 shares of the company’s stock, valued at $684,981.35. This represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 12,879 shares of company stock valued at $1,177,702 over the last ninety days. 2.00% of the stock is owned by company insiders.
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.
See Also
- Five stocks we like better than Church & Dwight
- What Makes a Stock a Good Dividend Stock?
- Spire Global: Tiny Satellites, Big Buy Ratings and Upside
- Industrial Products Stocks Investing
- Energy Fuels: Is This America’s Most Strategic Stock?
- The 3 Best Fintech Stocks to Buy Now
- Silver and Gold Break Out—3 Names to Ride The Wave
Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.