Northwest & Ethical Investments L.P. Grows Stake in Church & Dwight Co., Inc. $CHD

Key Points

• Northwest & Ethical Investments L.P. increased its holdings in Church & Dwight Co., Inc. by 42.0% in the first quarter, owning 23,890 shares valued at $2.63 million.
• Church & Dwight's stock has experienced mixed analyst ratings, with opinions ranging from "sell" to "outperform," and a target price ranging from $83.00 to $114.00.
• The company reported a quarterly earnings per share of $0.94, surpassing expectations, and declared a quarterly dividend of $0.295 per share, representing a yield of 1.3%.

Northwest & Ethical Investments L.P. lifted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 42.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,890 shares of the company's stock after purchasing an additional 7,063 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Church & Dwight were worth $2,630,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Nuveen LLC acquired a new stake in shares of Church & Dwight in the first quarter worth approximately $106,736,000. GAMMA Investing LLC boosted its stake in Church & Dwight by 12,489.8% during the first quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock worth $94,886,000 after buying an additional 855,049 shares during the last quarter. Vanguard Group Inc. boosted its stake in Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after buying an additional 750,575 shares during the last quarter. American Century Companies Inc. boosted its stake in Church & Dwight by 48.3% during the first 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 last quarter. Finally, Northern Trust Corp boosted its stake in Church & Dwight by 15.0% during the fourth quarter. Northern Trust Corp now owns 3,018,552 shares of the company's stock worth $316,073,000 after buying an additional 393,068 shares during the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 0.0%

Shares of NYSE:CHD traded up $0.0170 on Friday, hitting $94.9770. 1,716,960 shares of the company's stock were exchanged, compared to its average volume of 2,402,085. The firm's 50-day moving average is $95.57 and its 200 day moving average is $100.34. The company has a market capitalization of $23.14 billion, a PE ratio of 44.80, a P/E/G ratio of 3.92 and a beta of 0.43. Church & Dwight Co., Inc. has a 1-year low of $90.50 and a 1-year high of $116.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84.

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

Church & Dwight Dividend Announcement

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

Wall Street Analyst Weigh In

CHD has been the topic of a number of research analyst reports. Morgan Stanley reduced their target price 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. JPMorgan Chase & Co. cut their price objective on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Oppenheimer cut their price objective on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, Redburn Atlantic cut Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $103.94.

Insider Activity

In other Church & Dwight news, EVP Michael Read bought 2,000 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was acquired 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 in the company, valued at approximately $684,981.35. This represents a 36.33% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Carlen Hooker sold 6,380 shares of the stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $98.30, for a total value of $627,154.00. Following the transaction, the executive vice president directly owned 262 shares of the company's stock, valued at approximately $25,754.60. This trade represents a 96.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders bought 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.

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.