First Hawaiian Bank Has $1.34 Million 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 lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 50.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,161 shares of the company's stock after selling 12,364 shares during the quarter. First Hawaiian Bank's holdings in Church & Dwight were worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of CHD. Focus Partners Wealth raised its position in Church & Dwight by 35.6% in the fourth quarter. Focus Partners Wealth now owns 17,518 shares of the company's stock worth $1,834,000 after acquiring an additional 4,599 shares during the period. Gotham Asset Management LLC lifted its holdings in shares of Church & Dwight by 68.4% in the 4th quarter. Gotham Asset Management LLC now owns 6,801 shares of the company's stock worth $712,000 after acquiring an additional 2,763 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its holdings in Church & Dwight by 20.3% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 10,280 shares of the company's stock valued at $1,076,000 after buying an additional 1,732 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in Church & Dwight by 13.0% during the 4th quarter. Nuveen Asset Management LLC now owns 1,299,194 shares of the company's stock valued at $136,039,000 after buying an additional 149,674 shares in the last quarter. Finally, NorthRock Partners LLC increased its position in Church & Dwight by 117.4% during the 4th quarter. NorthRock Partners LLC now owns 4,448 shares of the company's stock valued at $466,000 after purchasing an additional 2,402 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity

In related news, EVP Michael Read bought 2,000 shares of the company's stock in a transaction on Tuesday, August 5th. The shares were purchased at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the transaction, the executive vice president directly owned 7,505 shares of the company's stock, valued at approximately $684,981.35. This represents a 36.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Lee B. Mcchesney bought 5,409 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $91.38 per share, with a total value of $494,274.42. Following the purchase, the executive vice president directly owned 5,409 shares of the company's stock, valued at approximately $494,274.42. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 12,879 shares of company stock worth $1,177,702. 2.00% of the stock is currently owned by insiders.

Church & Dwight Price Performance

Church & Dwight stock traded down $0.28 during midday trading on Thursday, reaching $91.72. The company's stock had a trading volume of 360,300 shares, compared to its average volume of 2,034,115. Church & Dwight Co., Inc. has a fifty-two week low of $90.50 and a fifty-two week 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. The stock's 50 day simple moving average is $94.28 and its 200 day simple moving average is $98.71. The firm has a market capitalization of $22.34 billion, a PE ratio of 43.26, a P/E/G ratio of 3.78 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 (EPS) for the quarter, topping 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 business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the previous year, the company posted $0.93 EPS. The business'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 forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 15th. Church & Dwight's dividend payout ratio is currently 55.66%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CHD. JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Royal Bank Of Canada raised shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $100.00 to $114.00 in a research report on Monday, June 2nd. Barclays lowered 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 note on Monday, August 4th. Redburn Partners set a $83.00 price objective on shares of Church & Dwight in a research note on Monday, July 14th. Finally, Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. Seven investment 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. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price 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.