First Hawaiian Bank Cuts Stock Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• First Hawaiian Bank reduced its holdings in Church & Dwight Co., Inc. by 50.4%, now owning 12,161 shares valued at approximately $1.34 million as of the last quarter.
• Multiple institutional investors have increased their stakes in Church & Dwight, with Nuveen LLC investing around $106.7 million and Vanguard Group Inc. raising its holdings by 2.4% to a total value of approximately $3.46 billion.
• Church & Dwight reported earnings per share of $0.94 for the quarter, surpassing estimates, but year-over-year revenue showed a slight decline of 0.3%.

First Hawaiian Bank lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 50.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 12,161 shares of the company's stock after selling 12,364 shares during the period. First Hawaiian Bank's holdings in Church & Dwight were worth $1,339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nuveen LLC bought a new position in Church & Dwight in the first quarter worth approximately $106,736,000. GAMMA Investing LLC boosted its position in Church & Dwight by 12,489.8% during the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock valued at $94,886,000 after acquiring an additional 855,049 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Church & Dwight by 2.4% in 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. American Century Companies Inc. raised its position in shares of Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock worth $232,845,000 after acquiring an additional 688,863 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Church & Dwight during the 1st quarter worth $41,743,000. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Redburn Partners set a $83.00 price target on shares of Church & Dwight in a report on Monday, July 14th. Truist Financial set a $110.00 price objective on shares of Church & Dwight and gave the stock a "buy" rating in a research report on Friday, June 6th. Wells Fargo & Company increased their target price on shares of Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. Finally, Redburn Atlantic lowered shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a report 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $103.94.

Insider Transactions at Church & Dwight

In related news, EVP Carlen Hooker sold 6,380 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $98.30, for a total value of $627,154.00. Following the transaction, the executive vice president owned 262 shares in the company, valued at approximately $25,754.60. This represents a 96.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lee B. Mcchesney purchased 5,409 shares of Church & Dwight stock in a transaction on Friday, August 8th. The shares were acquired at an average cost of $91.38 per share, with a total value of $494,274.42. Following the completion of the transaction, the executive vice president directly owned 5,409 shares in the company, valued at $494,274.42. The trade was a ∞ 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. 2.00% of the stock is owned by company insiders.

Church & Dwight Trading Down 1.4%

NYSE:CHD opened at $93.06 on Friday. The company has a market capitalization of $22.67 billion, a P/E ratio of 43.90, a PEG ratio of 3.90 and a beta of 0.44. 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 Co., Inc. has a 12 month low of $90.50 and a 12 month high of $116.46. The firm has a fifty day simple moving average of $94.69 and a 200-day simple moving average of $99.02.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the firm earned $0.93 EPS. The firm's revenue was down .3% on a year-over-year basis. 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 research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

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

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.

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