Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 49.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 196,493 shares of the company’s stock after purchasing an additional 65,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned 0.08% of Church & Dwight worth $18,885,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Oregon Public Employees Retirement Fund increased its holdings in shares of Church & Dwight by 0.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 21,115 shares of the company’s stock valued at $2,325,000 after purchasing an additional 110 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Church & Dwight by 19.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 687 shares of the company’s stock valued at $76,000 after acquiring an additional 112 shares in the last quarter. Manchester Capital Management LLC increased its position in Church & Dwight by 3.8% during the first quarter. Manchester Capital Management LLC now owns 3,243 shares of the company’s stock worth $357,000 after acquiring an additional 119 shares during the period. Choreo LLC increased its position in Church & Dwight by 3.1% during the first quarter. Choreo LLC now owns 4,052 shares of the company’s stock worth $446,000 after acquiring an additional 122 shares during the period. Finally, ORG Partners LLC increased its position in Church & Dwight by 13.5% during the second quarter. ORG Partners LLC now owns 1,058 shares of the company’s stock worth $104,000 after acquiring an additional 126 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts recently 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 target on the stock. in a research report on Monday, July 14th. Wells Fargo & Company lowered their price target on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. UBS Group lowered their price target on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Bank of America lowered their price target on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Finally, Barclays lowered 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. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average price target of $100.00.
Church & Dwight Trading Down 1.5%
Shares of Church & Dwight stock opened at $84.34 on Wednesday. The company has a market capitalization of $20.55 billion, a price-to-earnings ratio of 39.78, a PEG ratio of 3.69 and a beta of 0.43. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. Church & Dwight Co., Inc. has a 12-month low of $84.25 and a 12-month high of $116.46. The firm’s 50-day moving average price is $90.06 and its two-hundred day moving average price is $94.46.
Church & Dwight (NYSE:CHD – Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 earnings per share. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. On average, analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued a $0.295 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.4%. Church & Dwight’s dividend payout ratio is 55.66%.
Insider Transactions 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 stock was purchased 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. The trade was a 25.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 cost of $91.38 per share, with a total value 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. The trade was a ? increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 12,879 shares of company stock valued at $1,177,702. 1.20% of the stock is currently owned by insiders.
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.
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