Bath Savings Trust Co Sells 7,040 Shares of Church & Dwight Co., Inc. $CHD

Bath Savings Trust Co trimmed its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.3% during the third quarter, HoldingsChannel reports. The fund owned 104,169 shares of the company’s stock after selling 7,040 shares during the quarter. Church & Dwight comprises 1.0% of Bath Savings Trust Co’s holdings, making the stock its 26th biggest position. Bath Savings Trust Co’s holdings in Church & Dwight were worth $9,815,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB boosted its holdings in Church & Dwight by 47.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 9,964 shares of the company’s stock valued at $939,000 after purchasing an additional 3,184 shares in the last quarter. CX Institutional increased its position in Church & Dwight by 196.2% during the 3rd quarter. CX Institutional now owns 10,950 shares of the company’s stock worth $1,032,000 after purchasing an additional 7,253 shares during the period. QRG Capital Management Inc. increased its position in Church & Dwight by 1,363.2% during the 2nd quarter. QRG Capital Management Inc. now owns 117,142 shares of the company’s stock worth $11,349,000 after purchasing an additional 109,136 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Church & Dwight by 26.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,593 shares of the company’s stock worth $1,704,000 after buying an additional 3,724 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Church & Dwight by 13.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 18,352 shares of the company’s stock worth $1,778,000 after buying an additional 2,221 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Royal Bank Of Canada lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 price objective on shares of Church & Dwight in a research report on Monday, August 3rd. Wall Street Zen downgraded Church & Dwight from a “hold” rating to a “sell” rating in a report on Saturday, September 19th. Barclays boosted their target price on shares of Church & Dwight from $79.00 to $86.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Finally, Wells Fargo & Company lowered their price target on shares of Church & Dwight from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Monday. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average target price of $104.12.

Insider Transactions at Church & Dwight

In related news, EVP Carlos G. Linares sold 15,375 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $102.00, for a total value of $1,568,250.00. Following the sale, the executive vice president directly owned 4,668 shares in the company, valued at $476,136. The trade was a 76.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bradley C. Irwin sold 4,300 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $102.69, for a total transaction of $441,567.00. Following the completion of the sale, the director directly owned 35,674 shares in the company, valued at approximately $3,663,363.06. The trade was a 10.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 53,250 shares of company stock worth $5,462,048. Corporate insiders own 1.20% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE:CHD traded up $0.14 during trading on Wednesday, hitting $96.68. 1,823,246 shares of the stock were exchanged, compared to its average volume of 2,068,086. The company has a market cap of $22.93 billion, a PE ratio of 31.09, a P/E/G ratio of 3.40 and a beta of 0.49. The company has a current ratio of 1.15, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average price of $98.32 and a two-hundred day moving average price of $96.71. Church & Dwight Co., Inc. has a 12-month low of $81.33 and a 12-month high of $106.04.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, July 31st. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.01). Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the previous year, the business earned $0.94 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. 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, analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.23 annualized dividend and a yield of 1.3%. Church & Dwight’s dividend payout ratio is 39.55%.

About Church & Dwight

Church & Dwight Co, Inc is a consumer packaged goods company best known for its Arm & Hammer brand. Founded in 1846, the company began by marketing baking soda and has expanded into a broad portfolio of household, personal care and specialty products.

Its consumer products include laundry detergents and additives, cat litter, cleaning products, oral care items, personal care products, condoms and pregnancy tests, vitamins and supplements, hair-care products, depilatories and water flossers.