Church & Dwight Co., Inc. $CHD Position Boosted by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP increased its stake in Church & Dwight by 58.3%, owning approximately $38.35 million worth of shares after acquiring 128,322 additional shares in Q1.
• Church & Dwight recently declared a quarterly dividend of $0.295, representing an annualized dividend of $1.18 and a yield of 1.2%, with a dividend payout ratio of 55.66%.
• Church & Dwight reported Q2 earnings of $0.94 per share, surpassing analysts' expectations of $0.85, while also experiencing a slight revenue dip of 0.3% year-over-year.

Wellington Management Group LLP increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 58.3% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 348,314 shares of the company's stock after acquiring an additional 128,322 shares during the period. Wellington Management Group LLP owned approximately 0.14% of Church & Dwight worth $38,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advisory Alpha LLC increased its position in Church & Dwight by 3.7% in the 1st quarter. Advisory Alpha LLC now owns 2,707 shares of the company's stock valued at $298,000 after acquiring an additional 97 shares during the period. Oregon Public Employees Retirement Fund increased its position in Church & Dwight by 0.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 21,115 shares of the company's stock valued at $2,325,000 after acquiring an additional 110 shares during the period. Versant Capital Management Inc increased its position in Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after acquiring an additional 112 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Church & Dwight by 19.5% in the 1st 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 during the period. Finally, KFG Wealth Management LLC increased its position in Church & Dwight by 2.2% in the 1st quarter. KFG Wealth Management LLC now owns 5,476 shares of the company's stock valued at $603,000 after acquiring an additional 119 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Trading Up 1.3%

CHD traded up $1.23 during trading on Friday, hitting $93.32. The company's stock had a trading volume of 618,121 shares, compared to its average volume of 2,053,034. The firm's 50 day moving average price is $95.27 and its 200-day moving average price is $99.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. The stock has a market cap of $22.73 billion, a PE ratio of 44.00, a PEG ratio of 3.84 and a beta of 0.43. Church & Dwight Co., Inc. has a twelve month low of $90.50 and a twelve month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.Church & Dwight's revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 EPS. 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 expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 15th. Church & Dwight's dividend payout ratio is 55.66%.

Wall Street Analysts Forecast Growth

CHD has been the topic of several recent research reports. Morgan Stanley dropped their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. TD Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price objective on the stock. in a report on Tuesday, May 6th. Evercore ISI decreased their price target on Church & Dwight from $102.00 to $101.00 and set an "in-line" rating on the stock in a research note on Monday, August 4th. Royal Bank Of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from $100.00 to $114.00 in a research note on Monday, June 2nd. Finally, Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $103.94.

Insider Buying and Selling at Church & Dwight

In other news, EVP Michael Read acquired 2,000 shares of the firm's stock in a transaction on 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 transaction, the executive vice president directly owned 7,505 shares in the company, valued at approximately $684,981.35. This represents a 36.33% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Carlen Hooker sold 6,380 shares of the company's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $98.30, for a total transaction of $627,154.00. Following the completion of the transaction, the executive vice president directly owned 262 shares of the company's stock, valued at approximately $25,754.60. The trade was a 96.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders bought a total of 12,879 shares of company stock valued at $1,177,702 in the last quarter. Company insiders own 2.00% of the company's stock.

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.