Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 619,751 shares of the company’s stock, valued at approximately $60,041,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.26% of Church & Dwight at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its position in shares of Church & Dwight by 0.6% in the 4th quarter. State Street Corp now owns 13,875,412 shares of the company’s stock worth $1,163,453,000 after buying an additional 88,594 shares during the period. Capital International Investors lifted its position in Church & Dwight by 18.1% during the 4th quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock valued at $947,820,000 after acquiring an additional 1,734,801 shares during the period. JPMorgan Chase & Co. boosted its stake in Church & Dwight by 24.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company’s stock worth $638,117,000 after acquiring an additional 1,473,894 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Church & Dwight by 51.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock worth $468,902,000 after acquiring an additional 1,709,090 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Church & Dwight by 5.5% in the fourth quarter. Invesco Ltd. now owns 3,854,060 shares of the company’s stock worth $323,163,000 after purchasing an additional 200,208 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $111.00 target price on shares of Church & Dwight in a research note on Friday, May 29th. UBS Group restated a “neutral” rating and issued a $107.00 price target (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. TD Cowen set a $97.00 price objective on Church & Dwight and gave the company a “hold” rating in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price objective on shares of Church & Dwight in a research report on Monday, August 3rd. Finally, Barclays lifted their price objective on Church & Dwight from $79.00 to $86.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $104.41.
Insider Activity
In other Church & Dwight news, Director Robert K. Shearer sold 8,600 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $97.97, for a total value of $842,542.00. Following the completion of the transaction, the director owned 30,678 shares of the company’s stock, valued at approximately $3,005,523.66. The trade was a 21.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $98.00, for a total transaction of $1,270,080.00. Following the transaction, the director owned 13,653 shares in the company, valued at $1,337,994. This represents a 48.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 59,220 shares of company stock valued at $5,905,747. Corporate insiders own 2.00% of the company’s stock.
Church & Dwight Stock Up 0.1%
NYSE:CHD opened at $99.19 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15. The firm has a market cap of $23.53 billion, a P/E ratio of 31.89, a P/E/G ratio of 3.62 and a beta of 0.47. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04. The firm has a 50-day simple moving average of $98.52 and a two-hundred day simple moving average of $97.61.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.01). Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the company posted $0.94 EPS. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Church & Dwight has set its Q3 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 3.740-3.810 EPS. Analysts predict that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Church & Dwight’s dividend payout ratio is presently 39.55%.
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.
Recommended Stories
- Five stocks we like better than Church & Dwight
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.
