Church & Dwight Co., Inc. $CHD Stake Reduced by Carret Asset Management LLC

Carret Asset Management LLC reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,902 shares of the company’s stock after selling 5,500 shares during the quarter. Carret Asset Management LLC’s holdings in Church & Dwight were worth $4,268,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CHD. JPMorgan Chase & Co. grew its stake in shares of Church & Dwight by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 6,136,330 shares of the company’s stock worth $537,736,000 after purchasing an additional 175,960 shares in the last quarter. Citigroup Inc. grew its stake in shares of Church & Dwight by 19.1% in the third quarter. Citigroup Inc. now owns 596,087 shares of the company’s stock worth $52,235,000 after purchasing an additional 95,423 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Church & Dwight by 51.3% in the third quarter. Fisher Asset Management LLC now owns 94,349 shares of the company’s stock worth $8,268,000 after purchasing an additional 31,976 shares in the last quarter. Amiral Gestion bought a new position in shares of Church & Dwight in the fourth quarter worth $6,258,000. Finally, LGT Capital Partners LTD. grew its stake in shares of Church & Dwight by 18.6% in the third quarter. LGT Capital Partners LTD. now owns 561,892 shares of the company’s stock worth $49,239,000 after purchasing an additional 88,007 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Transactions at Church & Dwight

In related news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $98.00, for a total transaction of $1,270,080.00. Following the completion of the transaction, the director owned 13,653 shares of the company’s stock, valued at $1,337,994. This trade represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert K. Shearer sold 8,600 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $97.97, for a total value of $842,542.00. Following the transaction, the director directly owned 30,678 shares of the company’s stock, valued at $3,005,523.66. This represents a 21.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 37,680 shares of company stock worth $3,675,090. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CHD shares. Wells Fargo & Company decreased their price target on Church & Dwight from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 price target on shares of Church & Dwight in a research note on Monday, June 1st. TD Cowen increased their price target on Church & Dwight from $99.00 to $112.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. UBS Group reissued a “neutral” rating and issued a $100.00 price target (up from $98.00) on shares of Church & Dwight in a research note on Monday, May 4th. Finally, Barclays decreased their price target on Church & Dwight from $85.00 to $80.00 and set an “underweight” rating for the company in a research note on Tuesday, April 14th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus target price of $102.59.

Get Our Latest Analysis on Church & Dwight

Church & Dwight Trading Up 0.1%

Shares of CHD stock opened at $98.39 on Wednesday. The stock has a 50-day simple moving average of $95.44 and a 200 day simple moving average of $93.67. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04. The stock has a market capitalization of $23.31 billion, a P/E ratio of 32.37, a P/E/G ratio of 3.52 and a beta of 0.47. 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:CHDGet Free Report) last announced 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 return on equity of 20.51% and a net margin of 11.81%.The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter last year, the business posted $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. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.76 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were paid a dividend of $0.3075 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.23 annualized dividend and a yield of 1.3%. Church & Dwight’s dividend payout ratio (DPR) is currently 40.46%.

Church & Dwight Company Profile

(Free Report)

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

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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