Truist Financial Corp Sells 9,221 Shares of Church & Dwight Co., Inc. $CHD

Truist Financial Corp cut its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 20.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,042 shares of the company’s stock after selling 9,221 shares during the period. Truist Financial Corp’s holdings in Church & Dwight were worth $2,938,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ameriflex Group Inc. increased its position in shares of Church & Dwight by 101.3% in the third quarter. Ameriflex Group Inc. now owns 322 shares of the company’s stock valued at $28,000 after acquiring an additional 162 shares during the period. CVA Family Office LLC increased its position in shares of Church & Dwight by 58.1% in the third quarter. CVA Family Office LLC now owns 332 shares of the company’s stock valued at $29,000 after acquiring an additional 122 shares during the period. Field & Main Bank purchased a new position in shares of Church & Dwight in the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Church & Dwight in the third quarter valued at about $30,000. Finally, First Horizon Corp purchased a new position in shares of Church & Dwight in the third quarter valued at about $32,000. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CHD shares. Morgan Stanley set a $105.00 price target on shares of Church & Dwight and gave the company an “equal weight” rating in a research report on Monday, February 2nd. Wall Street Zen lowered shares of Church & Dwight from a “hold” rating to a “sell” rating in a research note on Saturday. Jefferies Financial Group boosted their price objective on shares of Church & Dwight from $102.00 to $106.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Barclays dropped their price objective on shares of Church & Dwight from $85.00 to $80.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 14th. Finally, Rothschild & Co Redburn set a $91.00 price objective on shares of Church & Dwight and gave the stock a “neutral” rating in a research note on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $102.53.

Insider Activity

In other news, Director Penry W. Price sold 7,000 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $100.58, for a total value of $704,060.00. Following the completion of the sale, the director directly owned 30,070 shares of the company’s stock, valued at $3,024,440.60. This represents a 18.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.20% of the stock is currently owned by company insiders.

Church & Dwight Stock Up 3.2%

Shares of Church & Dwight stock opened at $93.59 on Wednesday. The company has a market cap of $22.18 billion, a price-to-earnings ratio of 30.79, a price-to-earnings-growth ratio of 3.29 and a beta of 0.48. The company’s 50 day moving average is $95.86 and its 200 day moving average is $91.64. Church & Dwight Co., Inc. has a twelve month low of $81.33 and a twelve month high of $106.04. The company has a quick ratio of 0.81, a current ratio of 1.22 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, May 1st. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.02. Church & Dwight had a net margin of 11.81% and a return on equity of 20.51%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same period last year, the firm earned $0.91 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. Church & Dwight has set its Q2 2026 guidance at 0.880-0.880 EPS and its FY 2026 guidance at 3.710-3.810 EPS. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.76 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.3%. Church & Dwight’s dividend payout ratio is 40.46%.

About Church & Dwight

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.