Korea Investment CORP bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 115,011 shares of the company’s stock, valued at approximately $11,142,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Church & Dwight by 4.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,274 shares of the company’s stock worth $2,672,000 after acquiring an additional 945 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Church & Dwight by 18.4% during the first quarter. Empowered Funds LLC now owns 6,595 shares of the company’s stock valued at $726,000 after acquiring an additional 1,024 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Church & Dwight in the 2nd quarter valued at approximately $254,000. Baird Financial Group Inc. raised its position in shares of Church & Dwight by 9.0% in the 2nd quarter. Baird Financial Group Inc. now owns 29,398 shares of the company’s stock valued at $2,825,000 after purchasing an additional 2,419 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in Church & Dwight by 0.4% in the 2nd quarter. Cerity Partners LLC now owns 52,273 shares of the company’s stock worth $5,024,000 after purchasing an additional 204 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have weighed in on CHD shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $109.00 target price on shares of Church & Dwight in a research report on Monday, May 4th. Evercore set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, May 4th. 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. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Finally, Weiss Ratings upgraded Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $104.41.
Insider Buying and Selling at Church & Dwight
In other news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of Church & Dwight stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $98.00, for a total value of $1,270,080.00. Following the sale, the director owned 13,653 shares in the company, valued at $1,337,994. This trade represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Arthur B. Winkleblack sold 13,200 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total transaction of $1,357,356.00. Following the sale, the director directly owned 7,129 shares of the company’s stock, valued at $733,075.07. This represents a 64.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 59,220 shares of company stock valued at $5,905,747. Insiders own 2.00% of the company’s stock.
Church & Dwight Price Performance
Shares of NYSE CHD opened at $102.42 on Tuesday. The business’s 50 day moving average price is $98.64 and its 200 day moving average price is $97.65. The firm has a market cap of $24.29 billion, a P/E ratio of 32.93, a P/E/G ratio of 3.60 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 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 posted its quarterly earnings results on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.01). Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the prior year, the business posted $0.94 earnings per share. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. 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. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current year.
Church & Dwight Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 39.55%.
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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