QRG Capital Management Inc. Reduces Position in Church & Dwight Co., Inc. $CHD

QRG Capital Management Inc. decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 33.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,603 shares of the company’s stock after selling 10,254 shares during the quarter. QRG Capital Management Inc.’s holdings in Church & Dwight were worth $1,805,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CHD. Vanguard Group Inc. boosted its holdings in Church & Dwight by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 31,830,529 shares of the company’s stock valued at $3,059,232,000 after acquiring an additional 388,890 shares during the period. State Street Corp lifted its position in shares of Church & Dwight by 3.0% during the second quarter. State Street Corp now owns 13,467,055 shares of the company’s stock worth $1,294,319,000 after purchasing an additional 387,667 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Church & Dwight by 2.9% during the second quarter. Geode Capital Management LLC now owns 6,290,207 shares of the company’s stock valued at $601,991,000 after purchasing an additional 177,990 shares during the period. Invesco Ltd. grew its holdings in shares of Church & Dwight by 25.1% in the second quarter. Invesco Ltd. now owns 3,510,113 shares of the company’s stock worth $337,357,000 after purchasing an additional 703,171 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in Church & Dwight by 1.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,317,338 shares of the company’s stock worth $291,660,000 after buying an additional 48,259 shares during the period. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $90.62 on Tuesday. The firm has a 50 day moving average of $84.92 and a 200 day moving average of $89.16. The company has a quick ratio of 0.66, a current ratio of 1.09 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $21.76 billion, a price-to-earnings ratio of 28.50, a price-to-earnings-growth ratio of 4.17 and a beta of 0.46. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $116.46.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, October 31st. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.08. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Church & Dwight had a return on equity of 19.32% and a net margin of 12.74%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business posted $0.79 EPS. Church & Dwight has set its Q4 2025 guidance at 0.830-0.83 EPS and its FY 2025 guidance at 3.490-3.49 EPS. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a $0.295 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.3%. Church & Dwight’s payout ratio is currently 37.11%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Argus decreased their price objective on shares of Church & Dwight from $110.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, December 4th. UBS Group set a $92.00 target price on shares of Church & Dwight and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Jefferies Financial Group set a $102.00 price target on Church & Dwight in a report on Tuesday, December 16th. Wells Fargo & Company set a $92.00 price objective on Church & Dwight and gave the stock an “overweight” rating in a research note on Monday, January 5th. Finally, Citigroup raised Church & Dwight from a “sell” rating to a “neutral” rating and lifted their target price for the company from $85.00 to $87.00 in a research report on Wednesday, December 17th. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $98.65.

Church & Dwight Company Profile

Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.

The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.