Bank of America Corp DE Invests $223.88 Million in Church & Dwight Co., Inc. $CHD

Key Points

• Bank of America acquired 2.31 million Church & Dwight shares worth approximately $223.9 million, giving it a 0.97% stake. Institutional investors collectively own 86.6% of the company.
• Church & Dwight reported quarterly revenue of $1.53 billion, up 1.6% year over year, but earnings of $0.89 per share narrowly missed estimates. The company guided to full-year 2026 EPS of $3.74–$3.81.
• The company paid a quarterly dividend of $0.3075 per share, equivalent to a 1.3% yield, while insiders sold 53,250 shares worth $5.46 million over the past three months. Analysts have a consensus “Hold” rating and an average price target of $104.41.

Bank of America Corp DE acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,310,849 shares of the company's stock, valued at approximately $223,875,000. Bank of America Corp DE owned about 0.97% of Church & Dwight at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Church & Dwight during the 2nd quarter worth about $25,000. Godfrey Financial Associates Inc. acquired a new position in Church & Dwight in the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC acquired a new position in Church & Dwight in the fourth quarter valued at approximately $26,000. Clearstead Trust LLC purchased a new position in Church & Dwight in the second quarter valued at approximately $33,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Church & Dwight during the fourth quarter worth approximately $34,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Carlos Linares sold 15,375 shares of the company's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $103.00, for a total transaction of $1,583,625.00. Following the completion of the sale, the executive vice president directly owned 4,668 shares of the company's stock, valued at $480,804. This represents a 76.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bradley Irwin sold 4,300 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $102.69, for a total value of $441,567.00. Following the sale, the director directly owned 35,674 shares of the company's stock, valued at $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. Insiders have sold a total of 53,250 shares of company stock worth $5,462,048 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $95.41 on Thursday. The firm's fifty day simple moving average is $98.87 and its 200-day simple moving average is $97.21. Church & Dwight Co., Inc. has a 12 month low of $81.33 and a 12 month high of $106.04. The stock has a market capitalization of $22.63 billion, a price-to-earnings ratio of 30.68, a PEG ratio of 3.36 and a beta of 0.47. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.15 and a quick ratio of 0.69.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.01). Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the prior year, the company earned $0.94 EPS. The firm'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. As a group, equities analysts forecast that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Analysts Set New Price Targets

CHD has been the subject of several recent analyst reports. Wells Fargo & Company restated an "overweight" rating and set a $110.00 price objective (up from $105.00) on shares of Church & Dwight in a research report on Wednesday, July 8th. Citigroup reissued a "neutral" rating and issued a $105.00 price target (up from $100.00) on shares of Church & Dwight in a research report on Monday, August 3rd. UBS Group restated a "neutral" rating and issued a $107.00 price objective (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. The Goldman Sachs Group reaffirmed a "buy" rating and set a $111.00 price objective on shares of Church & Dwight in a report on Friday, May 29th. Finally, Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a research report on Sunday, August 16th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and a consensus price target of $104.41.

Church & Dwight Company Profile

Church & Dwight Co, Inc is a consumer products company best known for its Arm & Hammer brand. The company develops, manufactures and markets products for household cleaning, laundry, personal care, oral care and specialty applications.

Its portfolio includes baking soda and baking soda-based products, laundry detergents and additives, cat litter, deodorants, oral-care products, hair-removal products, condoms and pregnancy-test kits. Other recognized brands include OxiClean, Nair, Waterpik, Trojan, First Response, Vitafusion, L'il Critters and Batiste.

Founded in 1846, Church & Dwight has expanded from its original baking soda business into a diversified consumer products company.

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