Caisse de depot et placement du Quebec bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 1,004,436 shares of the company’s stock, valued at approximately $97,310,000.
Several other large investors also recently modified their holdings of CHD. Godfrey Financial Associates Inc. acquired a new position in Church & Dwight in the fourth quarter valued at about $25,000. Edmond DE Rothschild Holding S.A. bought a new position in Church & Dwight in the 2nd quarter valued at about $25,000. Elyxium Wealth LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at approximately $26,000. DV Equities LLC acquired a new position in shares of Church & Dwight in the 4th quarter valued at approximately $28,000. Finally, GW&K Investment Management LLC lifted its holdings in shares of Church & Dwight by 83.0% during the 4th quarter. GW&K Investment Management LLC now owns 344 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $115.00 price objective on shares of Church & Dwight in a research note on Monday, August 3rd. UBS Group restated a “neutral” rating and set a $107.00 target price (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a report on Sunday, August 16th. The Goldman Sachs Group reiterated a “buy” rating and issued a $111.00 price target on shares of Church & Dwight in a research note on Friday, May 29th. Finally, Morgan Stanley set a $112.00 price target on Church & Dwight in a report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $104.41.
Church & Dwight Stock Performance
Shares of Church & Dwight stock opened at $102.85 on Thursday. The stock has a market cap of $24.40 billion, a price-to-earnings ratio of 33.07, a P/E/G ratio of 3.74 and a beta of 0.47. Church & Dwight Co., Inc. has a twelve month low of $81.33 and a twelve month high of $106.04. The company’s fifty day moving average is $98.83 and its 200 day moving average is $97.68. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51.
Church & Dwight (NYSE:CHD – Get Free Report) last announced 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). The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.94 earnings per share. 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. Sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.
Church & Dwight Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid a $0.3075 dividend. 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 payout ratio is currently 39.55%.
Insiders Place Their Bets
In other news, Director Bradley C. Irwin sold 4,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $102.69, for a total value of $441,567.00. Following the transaction, the director owned 35,674 shares in the company, valued at approximately $3,663,363.06. The trade was a 10.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert K. Shearer sold 8,600 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director directly owned 30,678 shares in the company, valued at approximately $3,005,523.66. This represents a 21.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 79,595 shares of company stock valued at $7,985,247 over the last three months. Insiders own 2.00% of the company’s stock.
Church & Dwight 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.
See Also
- Five stocks we like better than Church & Dwight
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
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.
