Teza Capital Management LLC Takes Position in Church & Dwight Co., Inc. $CHD

Key Points

• Teza Capital Management LLC has taken a new position in Church & Dwight Co., Inc. by acquiring over 9,000 shares valued at approximately $1.01 million in the first quarter.
• Church & Dwight recently reported earnings of $0.94 per share for the last quarter, exceeding analysts' estimates of $0.85, with revenues reaching $1.51 billion.
• The company declared a quarterly dividend of $0.295 per share, reflecting an annualized payout of $1.18 and a dividend yield of 1.2%.

Teza Capital Management LLC bought a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,134 shares of the company's stock, valued at approximately $1,006,000.

Several other institutional investors also recently modified their holdings of CHD. Petrus Trust Company LTA boosted its holdings in shares of Church & Dwight by 34.7% during the 1st quarter. Petrus Trust Company LTA now owns 5,680 shares of the company's stock valued at $625,000 after acquiring an additional 1,462 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its position in Church & Dwight by 140.6% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 74,222 shares of the company's stock valued at $8,171,000 after purchasing an additional 43,379 shares during the last quarter. Nippon Life Global Investors Americas Inc. boosted its stake in shares of Church & Dwight by 11.3% during the first quarter. Nippon Life Global Investors Americas Inc. now owns 8,930 shares of the company's stock valued at $983,000 after purchasing an additional 910 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Church & Dwight by 4.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,274 shares of the company's stock worth $2,672,000 after purchasing an additional 945 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of Church & Dwight in the first quarter valued at approximately $35,521,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Church & Dwight

In other news, EVP Carlen Hooker sold 6,380 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the completion of the sale, the executive vice president owned 262 shares in the company, valued at $25,754.60. The trade was a 96.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Lee B. Mcchesney purchased 5,409 shares of Church & Dwight stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average cost of $91.38 per share, with a total value of $494,274.42. Following the transaction, 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 disclosure for this purchase can be found here. Insiders acquired a total of 12,879 shares of company stock valued at $1,177,702 in the last 90 days. Corporate insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $105.00 to $108.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Barclays cut their target price on shares of Church & Dwight from $84.00 to $83.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. JPMorgan Chase & Co. cut their target price on shares of Church & Dwight from $97.00 to $92.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Rothschild & Co Redburn downgraded shares of Church & Dwight from a "neutral" rating to a "sell" rating and set a $83.00 target price on the stock. in a research report on Monday, July 14th. Finally, Redburn Atlantic downgraded shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Seven 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 stock. According to data from MarketBeat, Church & Dwight currently has an average rating of "Hold" and a consensus target price of $103.94.

Church & Dwight Trading Down 0.8%

Shares of CHD stock traded down $0.80 during trading hours on Friday, hitting $93.62. 362,832 shares of the company were exchanged, compared to its average volume of 2,037,602. The company has a 50 day simple moving average of $94.79 and a two-hundred day simple moving average of $99.20. The firm has a market cap of $22.81 billion, a P/E ratio of 44.15, a P/E/G ratio of 3.84 and a beta of 0.44. 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 Co., Inc. has a fifty-two week low of $90.50 and a fifty-two week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.09. The company 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%. Church & Dwight's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous 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. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight's 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.