Church & Dwight Co., Inc. $CHD Shares Sold by Nomura Holdings Inc.

Key Points

• Nomura Holdings Inc. reduced its stake in Church & Dwight Co., Inc. by 47.1%, selling 8,611 shares and retaining 9,655 shares with a value of $1,063,000 as of its latest SEC filing.
• Insider activity includes CEO Richard A. Dierker purchasing 5,470 shares, increasing his ownership by 25.16% to a total of 27,212 shares valued at approximately $2.49 million.
• Church & Dwight's quarterly earnings beat analyst estimates, reporting $0.94 EPS against expectations of $0.85, with a revenue of $1.51 billion for the quarter, although it represented a slight decline compared to the previous year.

Nomura Holdings Inc. lessened its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 47.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,655 shares of the company's stock after selling 8,611 shares during the quarter. Nomura Holdings Inc.'s holdings in Church & Dwight were worth $1,063,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company boosted its position in shares of Church & Dwight by 0.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 148,666 shares of the company's stock worth $16,367,000 after purchasing an additional 754 shares in the last quarter. WPG Advisers LLC acquired a new position in shares of Church & Dwight during the 1st quarter valued at $105,000. State of Wyoming purchased a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $69,000. Landscape Capital Management L.L.C. bought a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $435,000. Finally, FORA Capital LLC acquired a new position in Church & Dwight in the 1st quarter valued at $285,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Stock Performance

CHD traded down $1.44 during trading hours on Monday, hitting $94.36. 1,222,757 shares of the stock were exchanged, compared to its average volume of 2,051,269. 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 12 month low of $90.50 and a 12 month high of $116.46. The stock has a 50-day simple moving average of $95.06 and a 200-day simple moving average of $99.44. The stock has a market cap of $22.99 billion, a price-to-earnings ratio of 44.46, a price-to-earnings-growth ratio of 3.96 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) last posted 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. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The business 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 business posted $0.93 earnings per share. Church & Dwight'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. Analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's payout ratio is currently 55.66%.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Redburn Partners set a $83.00 target price on Church & Dwight in a research report on Monday, July 14th. Redburn Atlantic lowered shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a report on Monday, July 14th. Rothschild & Co Redburn downgraded Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 price objective on the stock. in a research note on Monday, July 14th. Finally, Wells Fargo & Company boosted their target price on shares of Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $103.94.

Insider Buying and Selling

In related news, CEO Richard A. Dierker acquired 5,470 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were purchased at an average price of $91.57 per share, with a total value of $500,887.90. Following the completion of the purchase, the chief executive officer directly owned 27,212 shares of the company's stock, valued at $2,491,802.84. This represents a 25.16% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Carlen Hooker sold 6,380 shares of Church & Dwight stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total value of $627,154.00. Following the sale, the executive vice president owned 262 shares of the company's stock, valued at approximately $25,754.60. This trade represents a 96.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders bought 12,879 shares of company stock valued at $1,177,702. 1.20% of the stock is 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.