Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stake in Church & Dwight Co., Inc. $CHD

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Church & Dwight Co., Inc. by 27.4%, holding a total of 131,193 shares valued at $14.4 million at the end of the most recent quarter.
• Church & Dwight's stock has seen mixed analyst ratings, with four analysts rating it as a sell, while the average price target stands at $103.94.
• The company recently announced a quarterly dividend of $0.295 per share, representing a yield of 1.3% with a payout ratio of 55.66%.

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 27.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 131,193 shares of the company's stock after purchasing an additional 28,200 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund owned 0.05% of Church & Dwight worth $14,443,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. IAG Wealth Partners LLC raised its stake in shares of Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after purchasing an additional 130 shares during the period. Wayfinding Financial LLC bought a new stake in shares of Church & Dwight during the 1st quarter valued at $40,000. Versant Capital Management Inc raised its stake in shares of Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares during the period. Bernard Wealth Management Corp. bought a new position in Church & Dwight in the 4th quarter worth about $42,000. Finally, Chilton Capital Management LLC increased its stake in Church & Dwight by 90.9% in the 1st quarter. Chilton Capital Management LLC now owns 420 shares of the company's stock worth $46,000 after acquiring an additional 200 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Activity at Church & Dwight

In related news, EVP Carlen Hooker sold 6,380 shares of the 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 completion of the sale, the executive vice president directly owned 262 shares in the company, valued at $25,754.60. This represents a 96.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Richard A. Dierker acquired 5,470 shares of the company's stock in a transaction on Tuesday, August 12th. The stock was acquired at an average price of $91.57 per share, with a total value of $500,887.90. Following the acquisition, 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 position. The disclosure for this purchase can be found here. Over the last three months, 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 owned by insiders.

Church & Dwight Price Performance

Shares of CHD traded up $0.7410 during midday trading on Wednesday, reaching $94.8010. The stock had a trading volume of 1,741,311 shares, compared to its average volume of 2,461,419. The company's 50-day moving average is $95.70 and its 200 day moving average is $100.50. 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 company has a market capitalization of $23.09 billion, a price-to-earnings ratio of 44.72, a price-to-earnings-growth ratio of 3.88 and a beta of 0.43.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same period in the prior year, the business earned $0.93 EPS. The company's revenue for the quarter 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 predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be issued a dividend of $0.295 per share. The ex-dividend date 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. Wells Fargo & Company upped their target price on Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Truist Financial set a $110.00 target price on Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Rothschild & Co Redburn lowered Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price on the stock. in a research note on Monday, July 14th. Finally, Oppenheimer decreased their target price on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $103.94.

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.