Mizuho Markets Americas LLC Has $238,000 Stake in Church & Dwight Co., Inc. $CHD

Mizuho Markets Americas LLC reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 79.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,474 shares of the company’s stock after selling 9,502 shares during the quarter. Mizuho Markets Americas LLC’s holdings in Church & Dwight were worth $238,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allianz Asset Management GmbH increased its stake in Church & Dwight by 451.2% in the first quarter. Allianz Asset Management GmbH now owns 81,065 shares of the company’s stock valued at $8,924,000 after purchasing an additional 66,357 shares in the last quarter. Penserra Capital Management LLC increased its stake in Church & Dwight by 1,201.4% in the first quarter. Penserra Capital Management LLC now owns 8,342 shares of the company’s stock valued at $918,000 after purchasing an additional 7,701 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Church & Dwight by 1.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 353,960 shares of the company’s stock valued at $38,968,000 after purchasing an additional 5,367 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Church & Dwight by 9.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,916 shares of the company’s stock valued at $4,137,000 after purchasing an additional 3,254 shares in the last quarter. Finally, IFM Investors Pty Ltd increased its stake in Church & Dwight by 8.0% in the first quarter. IFM Investors Pty Ltd now owns 49,762 shares of the company’s stock valued at $5,211,000 after purchasing an additional 3,667 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Richard A. Dierker purchased 5,470 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were acquired at an average cost of $91.57 per share, for a total transaction of $500,887.90. Following the completion of the acquisition, the chief executive officer owned 27,212 shares in the company, valued at $2,491,802.84. This trade represents a 25.16% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Read purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The shares were purchased 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. The trade was a 36.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have bought 12,879 shares of company stock worth $1,177,702. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research analyst reports. Evercore ISI decreased their price target on shares of Church & Dwight from $102.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 4th. UBS Group decreased their price target on shares of Church & Dwight from $103.00 to $98.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Oppenheimer set a $100.00 target price on shares of Church & Dwight and gave the stock an “outperform” rating in a research report on Tuesday, October 21st. Redburn Atlantic downgraded shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Finally, Bank of America decreased their target price on shares of Church & Dwight from $120.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $100.00.

Church & Dwight Trading Down 1.5%

NYSE:CHD opened at $84.34 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.84 and a quick ratio of 1.33. The firm has a 50-day moving average of $90.06 and a 200-day moving average of $94.46. The company has a market cap of $20.55 billion, a PE ratio of 39.78, a PEG ratio of 3.69 and a beta of 0.43. Church & Dwight Co., Inc. has a one year low of $84.25 and a one year high of $116.46.

Church & Dwight (NYSE:CHD) last released its quarterly 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 net margin of 8.66% and a return on equity of 19.27%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the previous year, the company earned $0.93 earnings per share. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. 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, equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a dividend of $0.295 per share. The ex-dividend date is Friday, November 14th. This represents a $1.18 annualized dividend and a yield of 1.4%. Church & Dwight’s payout ratio is 55.66%.

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.