State Street Amends Church & Dwight Stake, Signals Continued Confidence
Ticker: CHD · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 313927
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amended-filing, passive-investment
TL;DR
**State Street just updated its Church & Dwight holdings, showing continued institutional interest.**
AI Summary
State Street Corporation, a major financial institution, filed an amended Schedule 13G/A on January 29, 2024, disclosing its ownership of Common Stock in Church & Dwight Co Inc as of December 31, 2023. This filing indicates that State Street continues to hold a significant, though potentially adjusted, passive stake in Church & Dwight. For investors, this means a large institutional player maintains confidence in the company, which can be a positive signal for the stock's stability and long-term outlook.
Why It Matters
Large institutional ownership by entities like State Street can provide stability to a stock and signal a vote of confidence in the company's long-term prospects, which is important for current and potential shareholders.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate negative risks for the company or its stock.
Analyst Insight
Investors should note that a major institutional investor like State Street continues to hold a position in Church & Dwight, suggesting ongoing confidence. While this filing doesn't reveal specific changes in share count, it confirms continued institutional interest, which can be a positive long-term indicator.
Key Numbers
- 171340102 — CUSIP Number (Identifies the specific class of securities (Church & Dwight Common Stock) being reported on.)
- 20240129 — Filing Date (The date the amended Schedule 13G/A was officially filed with the SEC.)
- 20231231 — Date of Event (The date as of which State Street Corporation's ownership stake is being reported.)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Church & Dwight Co Inc (company) — the issuer of the securities
- 0000093751-24-000292 (dollar_amount) — accession number for the filing
- 171340102 (dollar_amount) — CUSIP number for Church & Dwight Common Stock
- December 31, 2023 (date) — date of the event requiring the filing
- January 29, 2024 (date) — filing date of the SC 13G/A
Forward-Looking Statements
- State Street Corporation will maintain a significant, passive stake in Church & Dwight Co Inc. (State Street Corporation) — high confidence, target: Next 12 months
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A, an amended Schedule 13G, filed by State Street Corporation regarding its ownership in Church & Dwight Co Inc.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Church & Dwight Co Inc is 171340102, as stated in the filing.
What was the 'date of event' that required this filing?
The 'date of event which requires filing of this statement' was December 31, 2023, as indicated in the filing.
When was this amended filing submitted to the SEC?
This amended filing was submitted on January 29, 2024, as per the 'FILED AS OF DATE' in the filing header.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1(B), as indicated by the 'X' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding CHURCH & DWIGHT CO INC /DE/ (CHD).