Alyeska Investment Group L.P. Has $21.16 Million Position in Church & Dwight Co., Inc. $CHD

Key Points

• Alyeska Investment Group L.P. has reduced its stake in Church & Dwight Co., Inc. by 20.3%, selling 48,941 shares and now holding about 0.08% of the company worth $21.16 million.
• Church & Dwight recently reported an earnings per share (EPS) of $0.94 for the last quarter, exceeding analysts' expectations and showing a revenue of $1.51 billion, though down 0.3% from the previous year.
• The company declared a quarterly dividend of $0.295 per share, with a current annualized dividend yield of 1.2% and a payout ratio of 55.66%.

Alyeska Investment Group L.P. trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 20.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 192,182 shares of the company's stock after selling 48,941 shares during the period. Alyeska Investment Group L.P. owned 0.08% of Church & Dwight worth $21,157,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV grew its stake in shares of Church & Dwight by 53.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,511 shares of the company's stock worth $1,101,000 after acquiring an additional 3,659 shares during the period. Aptus Capital Advisors LLC grew its holdings in shares of Church & Dwight by 63.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 3,557 shares of the company's stock worth $372,000 after purchasing an additional 1,384 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Church & Dwight by 68.6% in the fourth quarter. BNP Paribas Financial Markets now owns 432,537 shares of the company's stock worth $45,291,000 after acquiring an additional 176,063 shares during the period. Benjamin Edwards Inc. lifted its position in shares of Church & Dwight by 3.6% during the fourth quarter. Benjamin Edwards Inc. now owns 11,713 shares of the company's stock valued at $1,226,000 after buying an additional 411 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Church & Dwight during the fourth quarter valued at about $15,298,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Church & Dwight news, EVP Carlen Hooker sold 6,380 shares of the business's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the sale, the executive vice president owned 262 shares in the company, valued at approximately $25,754.60. The trade was a 96.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael Read bought 2,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the acquisition, the executive vice president directly owned 7,505 shares in the company, 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 worth $1,177,702 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Down 2.1%

CHD traded down $2.00 on Wednesday, reaching $92.92. 502,023 shares of the company's stock were exchanged, compared to its average volume of 2,042,960. 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 Co., Inc. has a twelve month low of $90.50 and a twelve month high of $116.46. The company's 50 day moving average is $94.97 and its 200-day moving average is $99.34. The company has a market cap of $22.64 billion, a price-to-earnings ratio of 43.76, a PEG ratio of 3.91 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results 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. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 earnings per share. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Equities analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued 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 payout ratio is presently 55.66%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CHD shares. Barclays cut their target price on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Truist Financial set a $110.00 price objective on Church & Dwight and gave the stock a "buy" rating in a research report on Friday, June 6th. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. UBS Group raised their target price on shares of Church & Dwight from $102.00 to $103.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Finally, Redburn Atlantic lowered shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research note on Monday, July 14th. Seven equities 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 company's stock. According to data from MarketBeat, Church & Dwight currently has a consensus rating of "Hold" and a consensus price target of $103.94.

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.