AlphaQuest LLC Increases Stock Position in Church & Dwight Co., Inc. $CHD

Key Points

• AlphaQuest LLC significantly increased its stake in Church & Dwight Co., increasing ownership by 325.7% in the first quarter, now holding a total of 9,548 shares valued at approximately $1,051,000.
• Church & Dwight's quarterly earnings surpassed analysts' expectations, reporting $0.94 earnings per share against a consensus estimate of $0.85, with a revenue of $1.51 billion.
• The company announced a $0.295 quarterly dividend, with an annual yield of 1.2%, scheduled for payment to shareholders on September 2nd, following the record date of August 15th.

AlphaQuest LLC boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 325.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,548 shares of the company's stock after purchasing an additional 7,305 shares during the quarter. AlphaQuest LLC's holdings in Church & Dwight were worth $1,051,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nuveen LLC purchased a new stake in shares of Church & Dwight during the 1st quarter valued at about $106,736,000. GAMMA Investing LLC raised its position in shares of Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock valued at $94,886,000 after buying an additional 855,049 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Church & Dwight by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock valued at $3,461,410,000 after buying an additional 750,575 shares in the last quarter. American Century Companies Inc. raised its position 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 buying an additional 688,863 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Church & Dwight by 15.0% during the 4th quarter. Northern Trust Corp now owns 3,018,552 shares of the company's stock valued at $316,073,000 after buying an additional 393,068 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Performance

Church & Dwight stock opened at $94.9770 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. Church & Dwight Co., Inc. has a 1-year low of $90.50 and a 1-year high of $116.46. The firm has a market capitalization of $23.14 billion, a P/E ratio of 44.80, a price-to-earnings-growth ratio of 3.92 and a beta of 0.43. The company's 50-day moving average is $95.57 and its 200 day moving average is $100.29.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, topping 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 company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company 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. Research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 15th. Church & Dwight's dividend payout ratio is currently 55.66%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. TD Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research report on Tuesday, May 6th. Rothschild & Co Redburn cut shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price on the stock. in a research report on Monday, July 14th. Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research report on Monday, July 14th. Finally, Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $100.00 to $114.00 in a research report on Monday, June 2nd. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $103.94.

Insiders Place Their Bets

In related news, EVP Michael Read bought 2,000 shares of the company's stock in a transaction on Tuesday, August 5th. The shares were acquired at an average cost of $91.27 per share, for a total transaction of $182,540.00. Following the purchase, the executive vice president directly owned 7,505 shares of the company's stock, valued at approximately $684,981.35. The trade was a 36.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Carlen Hooker sold 11,875 shares of the company's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $98.75, for a total transaction of $1,172,656.25. Following the completion of the transaction, the executive vice president owned 262 shares in the company, valued at $25,872.50. This represents a 97.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders purchased 12,879 shares of company stock worth $1,177,702 and sold 35,915 shares worth $3,545,300. 2.00% of the stock is currently owned by insiders.

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.

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