Carmignac Gestion Sells 6,089 Shares of Church & Dwight Co., Inc. $CHD

Carmignac Gestion trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 6.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,997 shares of the company’s stock after selling 6,089 shares during the period. Carmignac Gestion’s holdings in Church & Dwight were worth $8,838,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Tandem Investment Advisors Inc. grew its stake in Church & Dwight by 11.6% in the fourth quarter. Tandem Investment Advisors Inc. now owns 797,733 shares of the company’s stock valued at $66,890,000 after purchasing an additional 82,833 shares in the last quarter. Walter Public Investments Inc. bought a new stake in shares of Church & Dwight during the 1st quarter worth approximately $5,721,000. Swiss Life Asset Management Ltd raised its stake in shares of Church & Dwight by 122.6% during the 4th quarter. Swiss Life Asset Management Ltd now owns 141,837 shares of the company’s stock worth $11,893,000 after purchasing an additional 78,107 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $1,129,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $2,382,000. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rene Hemsey sold 5,000 shares of Church & Dwight stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $102.25, for a total value of $511,250.00. Following the completion of the transaction, the executive vice president directly owned 8,086 shares of the company’s stock, valued at $826,793.50. The trade was a 38.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Carlos G. Linares sold 15,375 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $103.00, for a total value of $1,583,625.00. Following the sale, the executive vice president owned 4,668 shares of the company’s stock, valued at approximately $480,804. The trade was a 76.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 94,970 shares of company stock valued at $9,568,872 over the last ninety days. 1.20% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

Shares of CHD stock traded down $2.07 on Tuesday, hitting $96.48. The company’s stock had a trading volume of 2,031,590 shares, compared to its average volume of 2,089,769. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15. The stock’s 50 day moving average is $99.26 and its 200-day moving average is $97.65. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04. The company has a market capitalization of $22.88 billion, a PE ratio of 31.02, a PEG ratio of 3.51 and a beta of 0.47.

Church & Dwight (NYSE:CHDGet Free Report) last issued 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). The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.Church & Dwight’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.94 EPS. 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 expect that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analysts Set New Price Targets

CHD has been the topic of a number of recent analyst reports. The Goldman Sachs Group restated a “buy” rating and set a $111.00 target price on shares of Church & Dwight in a report on Friday, May 29th. Weiss Ratings raised shares of Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Royal Bank Of Canada raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Wells Fargo & Company reiterated an “overweight” rating and set a $110.00 price target (up from $105.00) on shares of Church & Dwight in a report on Wednesday, July 8th. Finally, Barclays boosted their price target on Church & Dwight from $79.00 to $86.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $104.41.

Check Out Our Latest Report on CHD

Church & Dwight Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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