Renaissance Investment Group LLC raised its position in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 8.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 87,006 shares of the company’s stock after purchasing an additional 6,529 shares during the quarter. Church & Dwight accounts for approximately 1.7% of Renaissance Investment Group LLC’s holdings, making the stock its 27th biggest position. Renaissance Investment Group LLC’s holdings in Church & Dwight were worth $8,198,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in CHD. BlackRock Inc. purchased a new position in shares of Church & Dwight in the second quarter worth approximately $2,174,535,000. Bank of America Corp DE bought a new stake in Church & Dwight during the second quarter valued at approximately $223,875,000. Allspring Global Investments Holdings LLC grew 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 valued at $468,902,000 after buying an additional 1,709,090 shares during the period. Legal & General Group Plc purchased a new stake in Church & Dwight during the second quarter valued at approximately $153,639,000. Finally, Bank of New York Mellon Corp purchased a new stake in Church & Dwight during the second quarter valued at approximately $125,483,000. 86.60% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. Royal Bank Of Canada increased their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. TD Cowen set a $97.00 price objective on Church & Dwight and gave the stock a “hold” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Wells Fargo & Company decreased their target price on Church & Dwight from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Finally, Barclays reiterated an “underweight” rating and set a $83.00 target price (down from $86.00) on shares of Church & Dwight in a research report on Friday, October 16th. Eight 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. According to data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average price target of $105.06.
View Our Latest Report on Church & Dwight
Insider Activity at Church & Dwight
In other news, EVP Rene Hemsey sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $102.25, for a total transaction of $511,250.00. Following the completion of the transaction, the executive vice president owned 8,086 shares in the company, valued at $826,793.50. This trade represents a 38.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Carlos Linares sold 15,375 shares of the firm’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 transaction, the executive vice president owned 4,668 shares of the company’s stock, valued at approximately $476,136. The trade was a 76.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 53,250 shares of company stock worth $5,462,048 over the last 90 days. Company insiders own 2.00% of the company’s stock.
More Church & Dwight News
Here are the key news stories impacting Church & Dwight this week:
- Positive Sentiment: Q3 earnings and sales beat estimates: Adjusted earnings were $0.92 per share versus the $0.90 consensus, while revenue rose 1.0% year over year to $1.602 billion, ahead of the $1.58 billion estimate. EPS increased from $0.81 a year earlier. Church & Dwight Delivers Strong Third Quarter Results
- Positive Sentiment: Organic growth substantially exceeded guidance: Organic sales increased 5.1%, well above the company’s 3% outlook, with growth across all three divisions. The stronger mix and sales performance also supported margin gains and reinforced confidence in the company’s brands and 2026 outlook. CHD Q3 Earnings Top Estimates, Organic Growth Fuels Margin Gains
- Positive Sentiment: $1 billion buyback announced: The authorization gives Church & Dwight an additional way to return capital to shareholders and could support per-share earnings by reducing the share count. Church & Dwight Unveils $1 Billion Stock Buyback
- Positive Sentiment: Analyst sentiment improved: Oppenheimer raised its price target, while RBC Capital maintained its Buy rating, adding support to the bullish reaction.
- Neutral Sentiment: Revenue outlook remains modest: Management firmed up its 2026 sales-growth target at 0.5%, although this is within the previous range of flat to 1% growth and reflects better-than-feared performance.
- Negative Sentiment: Valuation remains a consideration: With the stock trading near its yearly high and at a relatively elevated earnings multiple, investors may require continued organic growth and margin improvement to justify further gains.
Church & Dwight Price Performance
NYSE:CHD opened at $106.94 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51. The business’s 50-day simple moving average is $99.27 and its two-hundred day simple moving average is $97.66. The stock has a market cap of $25.37 billion, a PE ratio of 30.20, a P/E/G ratio of 3.78 and a beta of 0.49. Church & Dwight Co., Inc. has a 52 week low of $81.49 and a 52 week high of $111.23.
Church & Dwight (NYSE:CHD – Get Free Report) last posted its quarterly earnings results on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.02. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.58 billion. Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.81 EPS. As a group, analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current fiscal year.
Church & Dwight Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be issued a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 13th. Church & Dwight’s dividend payout ratio is 39.55%.
Church & Dwight Company Profile
Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.
The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.
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