Bank of Nova Scotia Buys New Position in Church & Dwight Co., Inc. $CHD

Key Points

• Bank of Nova Scotia acquired 150,113 Church & Dwight shares during the second quarter, valued at approximately $14.5 million and representing about 0.06% of the company. Institutional investors collectively own 86.6% of CHD.
• Church & Dwight reported quarterly revenue of $1.53 billion, ahead of expectations, but earnings per share of $0.89 fell slightly short of estimates. The company issued full-year 2026 EPS guidance of $3.74–$3.81 and declared a quarterly dividend of $0.3075.
• CHD shares recently traded at $102.42, while analysts maintain a consensus “Hold” rating with an average price target of $104.41. Recent insider activity was negative, with executives selling a combined 59,220 shares worth about $5.9 million over three months.

Bank of Nova Scotia purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 150,113 shares of the company's stock, valued at approximately $14,543,000. Bank of Nova Scotia owned about 0.06% of Church & Dwight at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Church & Dwight in the 2nd quarter worth approximately $25,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC bought a new stake in Church & Dwight during the fourth quarter worth $26,000. DV Equities LLC bought a new position in Church & Dwight in the 4th quarter valued at $28,000. Finally, Clearstead Trust LLC purchased a new stake in shares of Church & Dwight during the 2nd quarter valued at $33,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Trading Up 3.7%

Shares of CHD opened at $102.42 on Tuesday. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04. The business has a 50-day moving average of $98.64 and a 200 day moving average of $97.65. The firm has a market cap of $24.29 billion, a P/E ratio of 32.93, 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 quick ratio of 0.69 and a current ratio of 1.15.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.01). Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same period last year, the company earned $0.94 earnings per share. Church & Dwight's revenue for the quarter was up 1.6% compared to the same quarter last year. 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, research analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Dividend Announcement

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

Analysts Set New Price Targets

CHD has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a research note on Sunday, August 16th. 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 report on Wednesday, July 8th. JPMorgan Chase & Co. lifted their price objective 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. Barclays lifted their price objective on shares of Church & Dwight from $79.00 to $86.00 and gave the stock an "underweight" rating in a research report on Tuesday, July 21st. Finally, Weiss Ratings raised shares of Church & Dwight from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, July 16th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $104.41.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $98.00, for a total transaction of $1,270,080.00. Following the sale, the director owned 13,653 shares in the company, valued at $1,337,994. This represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Carlos G. Linares sold 10,000 shares of the firm's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $99.71, for a total value of $997,100.00. Following the completion of the transaction, the executive vice president directly owned 4,668 shares of the company's stock, valued at $465,446.28. The trade was a 68.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 59,220 shares of company stock worth $5,905,747. Company insiders own 1.20% of the company's stock.

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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