Nissay Asset Management Corp Japan ADV Increases Stake in Church & Dwight Co., Inc. $CHD

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in Church & Dwight Co., Inc. by 140.6% during the 1st quarter, now owning 74,222 shares valued at $8.17 million.
• Institutional investors currently hold 86.60% of Church & Dwight's shares, indicating strong institutional interest in the company.
• Church & Dwight reported earnings of $0.94 per share for the last quarter, exceeding expectations, and recently announced a quarterly dividend of $0.295 per share.

Nissay Asset Management Corp Japan ADV boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 140.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 74,222 shares of the company's stock after acquiring an additional 43,379 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Church & Dwight were worth $8,171,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC grew its holdings in Church & Dwight by 92.9% during the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Wayfinding Financial LLC acquired a new position in Church & Dwight during the 1st quarter worth approximately $40,000. Bernard Wealth Management Corp. acquired a new position in Church & Dwight during the 4th quarter worth approximately $42,000. Versant Capital Management Inc grew its holdings in Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock worth $42,000 after acquiring an additional 112 shares in the last quarter. Finally, Chilton Capital Management LLC grew its holdings in Church & Dwight by 90.9% during 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 in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the subject of several analyst reports. UBS Group boosted their price target on shares of Church & Dwight from $102.00 to $103.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Evercore ISI lowered their target price on shares of Church & Dwight from $102.00 to $101.00 and set an "in-line" rating for the company in a report on Monday, August 4th. 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 report on Monday, August 4th. Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the company a "buy" rating in a report on Friday, June 6th. Finally, Redburn Atlantic cut shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and a consensus target price of $103.94.

Church & Dwight Stock Up 0.5%

Shares of NYSE:CHD opened at $95.71 on Friday. The stock has a market cap of $23.32 billion, a P/E ratio of 45.15, a P/E/G ratio of 3.96 and a beta of 0.44. The firm has a fifty day moving average price of $95.06 and a 200 day moving average price of $99.48. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. Church & Dwight Co., Inc. has a 1-year low of $90.50 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued 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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. Church & Dwight's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business 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 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a dividend of $0.295 per share. The ex-dividend date was Friday, August 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.2%. Church & Dwight's dividend payout ratio is currently 55.66%.

Insider Buying and Selling at Church & Dwight

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

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.

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