Bank of New York Mellon Corp Invests $125.48 Million in Church & Dwight Co., Inc. $CHD

Bank of New York Mellon Corp purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,295,247 shares of the company's stock, valued at approximately $125,483,000. Bank of New York Mellon Corp owned about 0.55% of Church & Dwight as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Norges Bank acquired a new position in Church & Dwight in the 4th quarter worth approximately $269,789,000. Capital International Investors increased its holdings in Church & Dwight by 18.1% in the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company's stock valued at $947,820,000 after buying an additional 1,734,801 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Church & Dwight by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company's stock worth $468,902,000 after purchasing an additional 1,709,090 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Church & Dwight by 24.0% during the 4th quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company's stock worth $638,117,000 after buying an additional 1,473,894 shares during the period. Finally, FIL Ltd raised its position in Church & Dwight by 707.4% during the fourth quarter. FIL Ltd now owns 1,220,172 shares of the company's stock worth $102,311,000 after acquiring an additional 1,069,051 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Price Performance

Shares of CHD opened at $98.79 on Monday. The stock has a market cap of $23.43 billion, a PE ratio of 31.77, a price-to-earnings-growth ratio of 3.60 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 Co., Inc. has a 1-year low of $81.33 and a 1-year high of $106.04. The firm has a fifty day moving average price of $98.56 and a 200 day moving average price of $97.62.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.01). The business had revenue of $1.53 billion for 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%.The business's revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business 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. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Church & Dwight's dividend payout ratio (DPR) is currently 39.55%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CHD shares. Citigroup restated a "neutral" rating and issued a $105.00 target price (up from $100.00) on shares of Church & Dwight in a research report on Monday, August 3rd. Wells Fargo & Company reissued an "overweight" rating and issued a $110.00 price target (up from $105.00) on shares of Church & Dwight in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $109.00 price target on shares of Church & Dwight in a report on Monday, May 4th. Barclays lifted their target price on shares of Church & Dwight from $79.00 to $86.00 and gave the company an "underweight" rating in a report on Tuesday, July 21st. Finally, Wall Street Zen upgraded shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Sunday, August 16th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Church & Dwight presently has an average rating of "Hold" and an average target price of $104.41.

Insider Activity

In other news, EVP Brian D. Buchert sold 10,160 shares of the company's stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $98.14, for a total transaction of $997,102.40. Following the transaction, the executive vice president directly owned 1,286 shares of the company's stock, valued at $126,208.04. This represents a 88.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert K. Shearer sold 8,600 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the transaction, the director directly owned 30,678 shares of the company's stock, valued at approximately $3,005,523.66. This trade represents a 21.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 59,220 shares of company stock valued at $5,905,747 over the last three months. 1.20% of the stock is currently owned by corporate insiders.

Church & Dwight Profile

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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