London Co. of Virginia lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 4.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 409,907 shares of the company’s stock after selling 17,459 shares during the quarter. London Co. of Virginia’s holdings in Church & Dwight were worth $38,253,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Alliance LLC boosted its position in Church & Dwight by 18.1% during the first quarter. Wealth Alliance LLC now owns 4,065 shares of the company’s stock worth $379,000 after purchasing an additional 624 shares during the period. Sustainable Insight Capital Management LLC bought a new stake in shares of Church & Dwight in the first quarter valued at approximately $775,000. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Church & Dwight by 113.5% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 361,872 shares of the company’s stock valued at $33,770,000 after purchasing an additional 192,380 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Church & Dwight by 41.7% during the 1st quarter. Renaissance Technologies LLC now owns 190,713 shares of the company’s stock valued at $17,797,000 after buying an additional 56,100 shares in the last quarter. Finally, Compound Planning Inc. purchased a new stake in shares of Church & Dwight during the 1st quarter valued at approximately $247,000. 86.60% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on CHD shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $109.00 price objective on shares of Church & Dwight in a research note on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 target price on shares of Church & Dwight in a research report on Monday, June 1st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $110.00 price target (up from $105.00) on shares of Church & Dwight in a report on Wednesday, July 8th. Barclays boosted their price objective on Church & Dwight from $79.00 to $86.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Finally, UBS Group raised their target price on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. 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. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average price target of $103.82.
Insider Transactions at Church & Dwight
In related news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 13,653 shares in the company, valued at approximately $1,337,994. This represents 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 accessible through the SEC website. Also, Director Penry W. Price sold 5,960 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $94.86, for a total transaction of $565,365.60. Following the completion of the sale, the director directly owned 30,070 shares in the company, valued at $2,852,440.20. This represents a 16.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 47,680 shares of company stock worth $4,672,190. 2.00% of the stock is owned by insiders.
Church & Dwight Stock Up 1.6%
CHD opened at $97.71 on Friday. The firm has a market capitalization of $23.15 billion, a P/E ratio of 32.14, a price-to-earnings-growth ratio of 3.52 and a beta of 0.47. Church & Dwight Co., Inc. has a one year low of $81.33 and a one year high of $106.04. The company has a fifty day moving average price of $96.85 and a 200-day moving average price of $96.11. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.22 and a quick ratio of 0.81.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. Church & Dwight had a return on equity of 20.51% and a net margin of 11.81%.The firm’s revenue was up .1% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 earnings per share. 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. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.74 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.23 annualized dividend and a dividend yield of 1.3%. Church & Dwight’s dividend payout ratio (DPR) is presently 40.46%.
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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