Federation des caisses Desjardins du Quebec Increases Stock Position in Church & Dwight Co., Inc. $CHD

Key Points

• The Federation des caisses Desjardins du Quebec has increased its stake in Church & Dwight Co., Inc. by 124.5% during the first quarter, owning shares valued at $2,148,000 after acquiring an additional 10,822 shares.
• Church & Dwight recently announced a quarterly dividend of $0.295, with a yield of 1.2% and a payout ratio of 55.66%.
• In its recent earnings report, Church & Dwight reported $0.94 earnings per share, exceeding analysts' expectations and setting FY 2025 guidance at 3.440-3.510 EPS.

Federation des caisses Desjardins du Quebec boosted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 124.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,514 shares of the company's stock after buying an additional 10,822 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Church & Dwight were worth $2,148,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in 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 acquiring an additional 750,575 shares during the period. Northern Trust Corp lifted its stake in shares of Church & Dwight by 2.6% in the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company's stock valued at $341,028,000 after purchasing an additional 79,170 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Church & Dwight by 5.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,404,961 shares of the company's stock valued at $251,823,000 after purchasing an additional 124,560 shares during the period. American Century Companies Inc. raised its stake 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 worth $232,845,000 after buying an additional 688,863 shares during the period. Finally, ProShare Advisors LLC raised its stake in shares of Church & Dwight by 3.8% during the 4th quarter. ProShare Advisors LLC now owns 1,864,115 shares of the company's stock worth $195,191,000 after buying an additional 68,896 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Church & Dwight Trading Down 1.4%

Church & Dwight stock traded down $1.36 during midday trading on Friday, hitting $93.06. 1,480,179 shares of the stock were exchanged, compared to its average volume of 1,770,856. Church & Dwight Co., Inc. has a fifty-two week low of $90.50 and a fifty-two week high of $116.46. The stock has a market capitalization of $22.67 billion, a price-to-earnings ratio of 43.90, a PEG ratio of 3.90 and a beta of 0.44. The stock's 50-day simple moving average is $94.69 and its 200 day simple moving average is $99.08. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50.

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 (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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same period last year, the business earned $0.93 earnings per share. Church & Dwight's revenue was down .3% compared to the same quarter last year. 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, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, August 15th. Church & Dwight's dividend payout ratio (DPR) is presently 55.66%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CHD shares. Wells Fargo & Company increased their price objective on shares of Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Barclays reduced their target price on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and increased their target price for the company from $100.00 to $114.00 in a research report on Monday, June 2nd. Finally, Redburn Atlantic cut shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Seven 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. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $103.94.

Insider Activity

In other news, CEO Richard A. Dierker acquired 5,470 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the transaction, the chief executive officer owned 27,212 shares in the company, valued at approximately $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Read bought 2,000 shares of the stock in a transaction on 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 owned 7,505 shares of the company's stock, valued at $684,981.35. This trade represents a 36.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock valued at $1,177,702 in the last ninety days. 2.00% of the stock is currently owned by company 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.