UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Buys 153,270 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• UBS Asset Management increased its stake in Church & Dwight Co., Inc. by 6.4% during the first quarter, owning approximately 1.04% of the company worth $281.6 million.
• Church & Dwight recently reported $0.94 EPS for the last quarter, exceeding analyst expectations of $0.85, despite a 0.3% drop in revenue compared to last year.
• The company announced a quarterly dividend of $0.295 per share, yielding approximately 1.3%, with a payout ratio of 55.66%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,558,231 shares of the company's stock after acquiring an additional 153,270 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.04% of Church & Dwight worth $281,636,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of 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 purchasing an additional 750,575 shares during the last quarter. Northern Trust Corp grew its holdings in Church & Dwight by 2.6% during the 1st quarter. Northern Trust Corp now owns 3,097,722 shares of the company's stock worth $341,028,000 after acquiring an additional 79,170 shares during the last quarter. American Century Companies Inc. increased its position in Church & Dwight by 48.3% in the 1st quarter. American Century Companies Inc. now owns 2,115,040 shares of the company's stock valued at $232,845,000 after acquiring an additional 688,863 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of Church & Dwight by 3.8% in the fourth quarter. ProShare Advisors LLC now owns 1,864,115 shares of the company's stock worth $195,191,000 after acquiring an additional 68,896 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Church & Dwight by 1.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,474,870 shares of the company's stock worth $162,368,000 after purchasing an additional 26,286 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Stock Up 0.5%

Shares of NYSE:CHD traded up $0.41 during trading on Tuesday, hitting $91.66. 398,734 shares of the company's stock traded hands, compared to its average volume of 2,035,849. The company has a current ratio of 1.84, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $94.54 and a 200-day moving average price of $98.81. Church & Dwight Co., Inc. has a 52 week low of $90.50 and a 52 week high of $116.46. The company has a market cap of $22.33 billion, a price-to-earnings ratio of 43.22, a price-to-earnings-growth ratio of 3.84 and a beta of 0.44.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.94 earnings per share for the quarter, beating 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 firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. The business's revenue 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. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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 dividend payout ratio (DPR) is currently 55.66%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CHD. JPMorgan Chase & Co. lowered their target price on Church & Dwight from $97.00 to $92.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. Barclays dropped their price objective on Church & Dwight from $84.00 to $83.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Redburn Atlantic cut shares of Church & Dwight from a "hold" rating to a "strong sell" rating in a research report on Monday, July 14th. Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Finally, 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 report on Wednesday, July 9th. Seven investment 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 MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and a consensus price target of $103.94.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 2,000 shares of Church & Dwight stock in a transaction that occurred on Tuesday, August 5th. The stock was acquired at an average price of $91.27 per share, for a total transaction of $182,540.00. Following the completion of the acquisition, the executive vice president owned 7,505 shares of the company's stock, valued at $684,981.35. This trade represents a 36.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Lee B. Mcchesney acquired 5,409 shares of Church & Dwight stock in a transaction dated Friday, August 8th. The shares were acquired at an average price of $91.38 per share, with a total value of $494,274.42. Following the completion of the purchase, the executive vice president owned 5,409 shares in the company, valued at approximately $494,274.42. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 12,879 shares of company stock valued at $1,177,702 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

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.