Diamant Asset Management Inc. Grows Stake in Church & Dwight Co., Inc. $CHD

Diamant Asset Management Inc. raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 8,249.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 317,288 shares of the company’s stock after purchasing an additional 313,488 shares during the period. Diamant Asset Management Inc.’s holdings in Church & Dwight were worth $31,729,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Norges Bank purchased a new position in Church & Dwight during the 4th quarter worth $269,789,000. Capital International Investors raised its stake in Church & Dwight by 18.1% in the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock valued at $947,820,000 after buying an additional 1,734,801 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Church & Dwight by 24.0% in 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. FIL Ltd boosted its holdings in Church & Dwight by 707.4% in the fourth quarter. FIL Ltd now owns 1,220,172 shares of the company’s stock worth $102,311,000 after acquiring an additional 1,069,051 shares in the last quarter. Finally, Candlestick Capital Management LP purchased a new stake in shares of Church & Dwight during the third quarter worth about $75,506,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Up 1.3%

Shares of CHD opened at $99.38 on Friday. The company has a market capitalization of $23.55 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 3.58 and a beta of 0.47. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $106.04. The stock’s 50-day moving average price is $95.82 and its 200-day moving average price is $94.31. 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 posted its earnings results on Friday, May 1st. The company reported $0.95 earnings per share for the quarter, beating 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 firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same period in the previous year, the firm earned $0.91 EPS. The business’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. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.75 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a $0.3075 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.2%. Church & Dwight’s payout ratio is 40.46%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Barclays cut their price objective on shares of Church & Dwight from $85.00 to $80.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $109.00 price target on shares of Church & Dwight in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Church & Dwight in a report on Wednesday, June 17th. The Goldman Sachs Group reiterated a “buy” rating and set a $111.00 price objective on shares of Church & Dwight in a research note on Friday, May 29th. Finally, Wells Fargo & Company dropped their price objective on shares of Church & Dwight from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $102.59.

Insider Activity at Church & Dwight

In other Church & Dwight news, 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Brian D. Buchert sold 10,160 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $98.14, for a total transaction of $997,102.40. Following the completion of the transaction, the executive vice president directly owned 1,286 shares in the company, valued at $126,208.04. This represents a 88.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 47,680 shares of company stock valued at $4,672,190 in the last three months. Company insiders own 2.00% of the company’s stock.

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.