California State Teachers Retirement System Increases Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• California State Teachers Retirement System increased its Church & Dwight stake by 8,288.7% to 33.27 million shares, representing approximately 14.03% of the company. Institutional investors and hedge funds collectively own 86.6% of CHD.
• Analysts maintain a consensus “Hold” rating, with an average price target of $104.41; recent targets range from $105 to $115. CHD was trading at $93.87, down 1.4%.
• Church & Dwight narrowly missed quarterly EPS expectations, reporting $0.89 versus $0.90, while revenue rose 1.6% year over year to $1.53 billion. The company also paid a quarterly dividend of $0.3075 per share, equivalent to a 1.3% annualized yield.

California State Teachers Retirement System boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8,288.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,272,467 shares of the company's stock after purchasing an additional 32,875,834 shares during the period. California State Teachers Retirement System owned approximately 14.03% of Church & Dwight worth $3,223,437,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Church & Dwight by 4.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,274 shares of the company's stock worth $2,672,000 after buying an additional 945 shares during the period. Empowered Funds LLC raised its holdings in shares of Church & Dwight by 18.4% during the 1st quarter. Empowered Funds LLC now owns 6,595 shares of the company's stock valued at $726,000 after buying an additional 1,024 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Church & Dwight during the 2nd quarter valued at about $254,000. Baird Financial Group Inc. raised its holdings in shares of Church & Dwight by 9.0% during the 2nd quarter. Baird Financial Group Inc. now owns 29,398 shares of the company's stock valued at $2,825,000 after buying an additional 2,419 shares during the period. Finally, Cerity Partners LLC lifted its position in Church & Dwight by 0.4% during the 2nd quarter. Cerity Partners LLC now owns 52,273 shares of the company's stock worth $5,024,000 after acquiring an additional 204 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CHD has been the subject of a number of analyst reports. Morgan Stanley set a $112.00 price target on Church & Dwight in a report on Monday, August 3rd. Royal Bank Of Canada lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. boosted their target price 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. UBS Group restated a "neutral" rating and issued a $107.00 target price (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Finally, Citigroup restated a "neutral" rating and issued a $105.00 target price (up from $100.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $104.41.

Insiders Place Their Bets

In related news, Director Arthur B. Winkleblack sold 13,200 shares of Church & Dwight stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.83, for a total value of $1,357,356.00. Following the completion of the sale, the director owned 7,129 shares in the company, valued at approximately $733,075.07. The trade was a 64.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Bradley C. Irwin sold 4,300 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $102.69, for a total transaction of $441,567.00. Following the completion of the sale, the director directly owned 35,674 shares in the company, valued at $3,663,363.06. This represents a 10.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 63,250 shares of company stock valued at $6,459,148. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Trading Down 1.4%

NYSE:CHD opened at $93.87 on Friday. 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 Co., Inc. has a one year low of $81.33 and a one year high of $106.04. The business's 50-day simple moving average is $99.12 and its 200 day simple moving average is $97.49. The stock has a market cap of $22.27 billion, a price-to-earnings ratio of 30.18, a price-to-earnings-growth ratio of 3.39 and a beta of 0.47.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.89 EPS 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 business had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the prior year, the company posted $0.94 EPS. The company'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, sell-side analysts predict 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. Stockholders of record on Friday, August 14th were paid a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 14th. Church & Dwight's dividend payout ratio is 39.55%.

About Church & Dwight

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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