Amundi Sells 373,876 Shares of Church & Dwight Co., Inc. $CHD

Amundi reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 20.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,473,876 shares of the company's stock after selling 373,876 shares during the quarter. Amundi owned approximately 0.62% of Church & Dwight worth $142,789,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CHD. Godfrey Financial Associates Inc. purchased a new position in Church & Dwight in the 4th quarter worth about $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Church & Dwight in the 2nd quarter valued at about $25,000. Elyxium Wealth LLC purchased a new stake in Church & Dwight in the 4th quarter valued at about $26,000. DV Equities LLC bought a new position in Church & Dwight in the 4th quarter worth about $28,000. Finally, GW&K Investment Management LLC grew its stake in Church & Dwight by 83.0% in the 4th quarter. GW&K Investment Management LLC now owns 344 shares of the company's stock worth $29,000 after acquiring an additional 156 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Carlos G. Linares sold 15,375 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $103.00, for a total transaction 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert K. Shearer sold 8,600 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total value of $842,542.00. Following the completion of the transaction, the director directly owned 30,678 shares in the company, valued at approximately $3,005,523.66. The trade was a 21.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,850 shares of company stock worth $7,301,690 over the last ninety days. Corporate insiders own 1.20% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Barclays boosted their price target on Church & Dwight from $79.00 to $86.00 and gave the company an "underweight" rating in a report on Tuesday, July 21st. UBS Group restated a "neutral" rating and issued a $107.00 price target (up from $104.00) on shares of Church & Dwight in a report on Monday, August 3rd. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. TD Cowen set a $97.00 price objective on shares of Church & Dwight and gave the company a "hold" rating in a research note on Monday, August 3rd. Finally, Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a report on Sunday, August 16th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $104.41.

Church & Dwight Stock Down 2.1%

NYSE:CHD opened at $96.48 on Wednesday. The stock has a market capitalization of $22.88 billion, a P/E ratio of 31.02, a P/E/G ratio of 3.51 and a beta of 0.47. 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 debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15. The company's 50-day simple moving average is $99.26 and its 200-day simple moving average is $97.61.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.01). The firm had revenue of $1.53 billion during the quarter, compared to analysts' expectations 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 period in the prior year, the firm posted $0.94 earnings per share. 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, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

About Church & Dwight

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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