Church & Dwight Co., Inc. $CHD Shares Bought by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC increased its stake in Church & Dwight Co., Inc. by 4.9% during Q1, owning 1,069,816 shares valued at approximately $117 million.
• Most analysts have a consensus rating of "Hold" for Church & Dwight, with a target price of $103.94, while some firms set varying price objectives ranging from $83.00 to $114.00.
• The company reported earnings of $0.94 per share for the last quarter, surpassing analysts' expectations, despite a 0.3% decline in revenue year-over-year.

AQR Capital Management LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 4.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,069,816 shares of the company's stock after acquiring an additional 50,412 shares during the period. AQR Capital Management LLC owned approximately 0.43% of Church & Dwight worth $117,081,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. IAG Wealth Partners LLC boosted its stake in Church & Dwight by 92.9% in the first 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 Church & Dwight in the first quarter valued at approximately $40,000. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight during the fourth quarter worth $42,000. Versant Capital Management Inc lifted its stake in shares of 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 buying an additional 112 shares during the period. Finally, Chilton Capital Management LLC lifted its stake in shares of 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 buying an additional 200 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CHD. Rothschild & Co Redburn downgraded shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective for the company. in a research note on Monday, July 14th. Evercore ISI lowered their price objective 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. Redburn Partners set a $83.00 target price on shares of Church & Dwight in a research report on Monday, July 14th. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Finally, Redburn Atlantic downgraded shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Church & Dwight has an average rating of "Hold" and a consensus target price of $103.94.

Church & Dwight Stock Performance

CHD traded up $0.46 on Tuesday, reaching $95.04. The stock had a trading volume of 1,281,047 shares, compared to its average volume of 2,052,942. Church & Dwight Co., Inc. has a 12-month low of $90.50 and a 12-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 business's 50-day moving average price is $95.03 and its two-hundred day moving average price is $99.37. The company has a market cap of $23.15 billion, a P/E ratio of 44.83, a price-to-earnings-growth ratio of 3.96 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) 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 company had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the previous year, the company earned $0.93 earnings per share. 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. Sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Insider Activity at Church & Dwight

In related news, EVP Lee B. Mcchesney bought 5,409 shares of the business's stock in a transaction dated Friday, August 8th. The stock was acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the purchase, the executive vice president directly owned 5,409 shares of the company's stock, valued at approximately $494,274.42. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Michael Read bought 2,000 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were bought at an average cost of $91.27 per share, with a total value 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. 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 worth $1,177,702 over the last three months. Company insiders own 2.00% of the company's stock.

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.