Quantbot Technologies LP Buys New Position in Church & Dwight Co., Inc. $CHD

Key Points

• Quantbot Technologies LP has acquired a new stake in Church & Dwight Co., Inc. worth approximately $318,000, purchasing 2,884 shares in the first quarter.
• Several large investors have also increased their holdings in the company, with 86.60% of shares owned by institutional investors.
• Church & Dwight announced a quarterly dividend of $0.295 per share, which will be paid on September 2nd, with an annualized dividend yield of 1.3%.

Quantbot Technologies LP bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,884 shares of the company's stock, valued at approximately $318,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wellington Management Group LLP raised its position in shares of Church & Dwight by 58.3% during the 1st quarter. Wellington Management Group LLP now owns 348,314 shares of the company's stock valued at $38,346,000 after acquiring an additional 128,322 shares in the last quarter. Alpha Family Trust acquired a new stake in shares of Church & Dwight during the 1st quarter valued at approximately $210,000. Northern Trust Corp raised its position in shares of Church & Dwight by 2.6% during the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company's stock valued at $341,028,000 after acquiring an additional 79,170 shares in the last quarter. Brooklyn Investment Group raised its position in shares of Church & Dwight by 30.3% during the 1st quarter. Brooklyn Investment Group now owns 2,307 shares of the company's stock valued at $254,000 after acquiring an additional 537 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. raised its position in shares of Church & Dwight by 42.0% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 23,890 shares of the company's stock valued at $2,630,000 after acquiring an additional 7,063 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read purchased 2,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was bought at an average price of $91.27 per share, with a total value of $182,540.00. Following the completion of the purchase, the executive vice president owned 7,505 shares in the company, valued at $684,981.35. This trade represents a 36.33% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Carlen Hooker sold 6,380 shares of the 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 completion of the transaction, the executive vice president directly owned 262 shares of the company's stock, valued at approximately $25,754.60. The trade was a 96.06% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 12,879 shares of company stock worth $1,177,702. 1.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Morgan Stanley dropped their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Redburn Partners set a $83.00 price target on Church & Dwight in a research report on Monday, July 14th. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a research report on Saturday, June 21st. Finally, Royal Bank Of Canada raised Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $100.00 to $114.00 in a research report on Monday, June 2nd. Seven equities research 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. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $103.94.

Church & Dwight Stock Performance

NYSE CHD traded down $0.10 during trading hours on Tuesday, hitting $93.06. The company had a trading volume of 448,885 shares, compared to its average volume of 2,047,116. 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 quick ratio of 1.33, a current ratio of 1.84 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $95.13 and a 200-day simple moving average of $99.73. The firm has a market cap of $22.67 billion, a P/E ratio of 43.91, a price-to-earnings-growth ratio of 3.85 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $0.94 earnings per share 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 firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the company earned $0.93 earnings per share. The firm's revenue for the quarter 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. Equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. Church & Dwight's dividend payout ratio is presently 55.66%.

About Church & Dwight

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.