Church & Dwight Co., Inc. $CHD Position Lifted by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Church & Dwight stake by 74.7% in the third quarter, bringing its holdings to 271,920 shares worth approximately $25.6 million. Institutional investors collectively own 86.6% of the company.
• Wall Street’s consensus rating remains “Hold”, with eight Buy, eight Hold, and one Sell recommendation and an average price target of $103.81. CHD recently traded at $104.37, near its 12-month high of $106.04.
• Church & Dwight reported quarterly revenue of $1.53 billion, up 1.6% year over year, but EPS of $0.89 narrowly missed estimates. The company pays a $0.3075 quarterly dividend, while insiders sold 53,250 shares worth about $5.46 million during the quarter.

Assenagon Asset Management S.A. raised its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 74.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 271,920 shares of the company's stock after buying an additional 116,258 shares during the period. Assenagon Asset Management S.A. owned about 0.11% of Church & Dwight worth $25,620,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Edmond DE Rothschild Holding S.A. bought a new position in Church & Dwight in the second quarter valued at $25,000. Clearstead Trust LLC bought a new stake in Church & Dwight in the 2nd quarter worth approximately $33,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Church & Dwight in the 4th quarter worth approximately $34,000. Field & Main Bank bought a new position in Church & Dwight during the second quarter valued at approximately $34,000. Finally, Triumph Capital Management grew its position in Church & Dwight by 516.4% during the third quarter. Triumph Capital Management now owns 376 shares of the company's stock valued at $35,000 after acquiring an additional 315 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on CHD. Royal Bank Of Canada lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. TD Cowen set a $97.00 price objective on shares of Church & Dwight and gave the company a "hold" rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. Morgan Stanley set a $112.00 target price on shares of Church & Dwight in a report on Monday, August 3rd. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Church & Dwight in a research report on Wednesday. Eight 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. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $103.81.

Church & Dwight Trading Down 0.2%

NYSE:CHD opened at $104.37 on Monday. The company has a 50-day moving average price of $98.17 and a 200-day moving average price of $97.05. Church & Dwight Co., Inc. has a 12 month low of $81.33 and a 12 month high of $106.04. The company has a current ratio of 1.15, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The stock has a market cap of $24.76 billion, a price-to-earnings ratio of 33.56, a P/E/G ratio of 3.73 and a beta of 0.49.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its 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 net margin of 11.96% and a return on equity of 20.10%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm 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. Equities analysts predict that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders 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 annualized dividend and a dividend yield of 1.2%. Church & Dwight's dividend payout ratio is currently 39.55%.

Insider Transactions at Church & Dwight

In other news, Director Arthur Winkleblack sold 13,200 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total value of $1,357,356.00. Following the completion of the transaction, the director owned 7,129 shares in the company, valued at $733,075.07. This trade represents a 64.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Rene Hemsey sold 5,000 shares of Church & Dwight stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $102.25, for a total value of $511,250.00. Following the sale, the executive vice president owned 8,086 shares in the company, valued at $826,793.50. This represents a 38.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 53,250 shares of company stock worth $5,462,048. 1.20% of the stock is owned by company insiders.

About Church & Dwight

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L'il Critters brands.

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