Northern Trust Corp Has $341.03 Million Position in Church & Dwight Co., Inc. $CHD

Key Points

• Northern Trust Corp increased its holdings in Church & Dwight Co., Inc. by 2.6%, owning approximately $341 million worth of shares by the end of the recent quarter.
• Church & Dwight's recent earnings report showed an EPS of $0.94, exceeding the consensus estimate, although revenue slightly declined by 0.3% year-over-year.
• The company declared a quarterly dividend of $0.295 per share, reflecting an annualized yield of 1.2% and a payout ratio of 55.66% as of August 15th.

Northern Trust Corp boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,097,722 shares of the company's stock after purchasing an additional 79,170 shares during the period. Northern Trust Corp owned about 1.26% of Church & Dwight worth $341,028,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Nuveen LLC acquired a new position in Church & Dwight during the 1st quarter worth about $106,736,000. GAMMA Investing LLC lifted its stake in shares of Church & Dwight by 12,489.8% in the 1st quarter. GAMMA Investing LLC now owns 861,895 shares of the company's stock valued at $94,886,000 after purchasing an additional 855,049 shares during the period. Vanguard Group Inc. boosted its holdings in Church & Dwight by 2.4% during the first quarter. Vanguard Group Inc. now owns 31,441,639 shares of the company's stock worth $3,461,410,000 after buying an additional 750,575 shares during the last quarter. American Century Companies Inc. boosted its stake in Church & Dwight by 48.3% during 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 during the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in shares of Church & Dwight during the first quarter worth $41,743,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Analysts Set New Price Targets

CHD has been the subject of several research analyst reports. Oppenheimer decreased their price objective on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. TD Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research report on Tuesday, May 6th. Cowen lowered shares of Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Truist Financial set a $110.00 price objective on Church & Dwight and gave the company a "buy" rating in a research note on Friday, June 6th. Finally, Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from $100.00 to $114.00 in a research note on Monday, June 2nd. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $103.94.

Church & Dwight Price Performance

Shares of CHD opened at $94.8010 on Thursday. The business has a 50-day simple moving average of $95.70 and a two-hundred day simple moving average of $100.50. The stock has a market cap of $23.09 billion, a PE ratio of 44.72, a PEG ratio of 3.88 and a beta of 0.43. Church & Dwight Co., Inc. has a 12-month low of $90.50 and a 12-month high of $116.46. The company has a quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its earnings results on Friday, August 1st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Church & Dwight had a net margin of 8.66% and a return on equity of 19.27%. The firm's revenue was down .3% compared to the same quarter last year. During the same period last year, the company 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. Analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

Insider Transactions at Church & Dwight

In other news, EVP Lee B. Mcchesney acquired 5,409 shares of Church & Dwight stock in a transaction dated Friday, August 8th. The shares were bought at an average cost 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 position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $99.00, for a total value of $1,451,340.00. Following the sale, the director owned 13,747 shares of the company's stock, valued at approximately $1,360,953. The trade was a 51.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 12,879 shares of company stock worth $1,177,702 and have sold 35,915 shares worth $3,545,300. Company insiders own 2.00% of the company's stock.

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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