Portfolio Design Labs LLC purchased a new stake 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 firm purchased 10,152 shares of the company’s stock, valued at approximately $984,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Church & Dwight in the 2nd quarter valued at about $2,174,535,000. Norges Bank bought a new position in Church & Dwight during the fourth quarter worth about $269,789,000. Capital International Investors increased its position in Church & Dwight by 18.1% during the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock worth $947,820,000 after buying an additional 1,734,801 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position 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 buying an additional 1,709,090 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Church & Dwight by 24.0% in the fourth quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company’s stock valued at $638,117,000 after buying an additional 1,473,894 shares during the period. Institutional investors own 86.60% of the company’s stock.
Insider Activity at Church & Dwight
In related news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $98.00, for a total value 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. The trade was a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bradley C. Irwin sold 4,300 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $102.69, for a total transaction of $441,567.00. Following the sale, the director directly owned 35,674 shares of the company’s stock, valued at $3,663,363.06. This represents a 10.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 59,220 shares of company stock worth $5,905,747 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.
Church & Dwight Stock Down 1.6%
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The company’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $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. Equities research analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.
Church & Dwight Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. Church & Dwight’s dividend payout ratio is presently 39.55%.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on CHD. Barclays raised their price objective on Church & Dwight from $79.00 to $86.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $109.00 price target on shares of Church & Dwight in a report on Monday, May 4th. Morgan Stanley set a $112.00 price objective on shares of Church & Dwight in a research report on Monday, August 3rd. Finally, TD Cowen set a $97.00 price objective on shares of Church & Dwight and gave the company a “hold” rating in a research report on Monday, August 3rd. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $104.41.
Get Our Latest Stock Analysis on CHD
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.
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