California State Teachers Retirement System reduced its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 13.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 343,440 shares of the company's stock after selling 53,193 shares during the period. California State Teachers Retirement System owned about 0.14% of Church & Dwight worth $33,272,467 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. bought a new position in Church & Dwight in the second quarter valued at approximately $2,174,535,000. Capital International Investors raised its stake in shares of Church & Dwight by 18.1% in the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company's stock worth $947,820,000 after purchasing an additional 1,734,801 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Church & Dwight by 24.0% in the fourth quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company's stock worth $638,117,000 after purchasing an additional 1,473,894 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Church & Dwight by 51.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company's stock valued at $468,902,000 after acquiring an additional 1,709,090 shares during the period. Finally, Norges Bank purchased a new stake in Church & Dwight during the fourth quarter worth $269,789,000. Institutional investors own 86.60% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on CHD shares. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a "neutral" rating in a report on Thursday, July 16th. Royal Bank Of Canada lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, August 3rd. Barclays boosted their target price 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. Weiss Ratings upgraded Church & Dwight from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, July 16th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $111.00 target price on shares of Church & Dwight in a research note on Friday, May 29th. 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 company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $104.41.
View Our Latest Stock Analysis on CHD
Church & Dwight Price Performance
Shares of CHD stock traded up $0.02 during mid-day trading on Tuesday, hitting $94.60. 715,125 shares of the stock were exchanged, compared to its average volume of 2,082,269. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51. The company has a market cap of $22.44 billion, a PE ratio of 30.45, a price-to-earnings-growth ratio of 3.35 and a beta of 0.47. The firm has a fifty day moving average of $98.97 and a 200 day moving average of $97.33. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04.
Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data 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 net margin of 11.96% and a return on equity of 20.10%. The firm had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter last year, the business earned $0.94 earnings per share. The business's quarterly revenue 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. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current 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 $0.3075 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.23 dividend on an annualized basis and a yield of 1.3%. Church & Dwight's dividend payout ratio (DPR) is 39.55%.
Insider Buying and Selling at Church & Dwight
In related news, Director Bradley Irwin sold 4,300 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $102.69, for a total value of $441,567.00. Following the completion of the transaction, the director owned 35,674 shares of the company's stock, valued at $3,663,363.06. This represents a 10.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Carlos Linares sold 15,375 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president owned 4,668 shares of the company's stock, valued at approximately $480,804. This represents a 76.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 53,250 shares of company stock worth $5,462,048. Insiders own 1.20% of the company's stock.
About Church & Dwight
(
Free Report)
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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