Quantbot Technologies LP Invests $318,000 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 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,884 shares of the company's stock, valued at approximately $318,000.

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

Insider Buying and Selling

In related news, EVP Michael Read purchased 2,000 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was bought at an average cost of $91.27 per share, with a total value of $182,540.00. Following the completion of the acquisition, the executive vice president directly owned 7,505 shares in the company, valued at $684,981.35. The trade was a 36.33% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Carlen Hooker sold 6,380 shares of the business's 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. 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 purchased 12,879 shares of company stock valued at $1,177,702. 1.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Truist Financial set a $110.00 price target on Church & Dwight and gave the company a "buy" rating in a research note on Friday, June 6th. Wells Fargo & Company lifted their price target on Church & Dwight from $105.00 to $108.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Morgan Stanley decreased their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research note on Monday, May 5th. Evercore ISI decreased their price target on Church & Dwight from $102.00 to $101.00 and set an "in-line" rating on the stock in a research note on Monday, August 4th. Finally, Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $103.94.

Church & Dwight Price Performance

CHD stock traded up $0.07 during midday trading on Tuesday, hitting $93.23. 1,971,372 shares of the stock were exchanged, compared to its average volume of 1,893,431. The stock's 50-day moving average price is $95.07 and its 200-day moving average price is $99.68. The stock has a market cap of $22.71 billion, a price-to-earnings ratio of 43.97, a PEG ratio of 3.85 and a beta of 0.44. 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.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.48 billion. Church & Dwight had a return on equity of 19.27% and a net margin of 8.66%.Church & Dwight's revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 earnings per share. Church & Dwight has set its FY 2025 guidance at 3.440-3.510 EPS. Q3 2025 guidance at 0.720-0.720 EPS. Research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued 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 is Friday, August 15th. Church & Dwight's payout ratio is 55.66%.

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.