Commerce Bank Takes Position in Church & Dwight Co., Inc. $CHD

Key Points

• Commerce Bank purchased 109,149 shares of Church & Dwight during the second quarter, valued at approximately $10.6 million. Institutional investors collectively own 86.6% of the company.
• Insiders sold 59,220 shares worth about $5.9 million over the last quarter, while analysts maintain a consensus “Hold” rating with an average price target of $104.41.
• Church & Dwight reported quarterly revenue of $1.53 billion, up 1.6% year over year, but EPS of $0.89 fell just short of estimates. The company declared a quarterly dividend of $0.3075 per share, yielding approximately 1.2% annually.

Commerce Bank purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 109,149 shares of the company's stock, valued at approximately $10,574,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHD. Godfrey Financial Associates Inc. purchased a new position in Church & Dwight during the 4th quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Church & Dwight in the second quarter valued at $25,000. Elyxium Wealth LLC purchased a new stake in shares of Church & Dwight in the fourth quarter valued at $26,000. DV Equities LLC acquired a new stake in shares of Church & Dwight in the fourth quarter worth $28,000. Finally, GW&K Investment Management LLC boosted its position in shares of Church & Dwight by 83.0% in the fourth quarter. GW&K Investment Management LLC now owns 344 shares of the company's stock worth $29,000 after buying an additional 156 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Buying and Selling at Church & Dwight

In other news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of Church & Dwight stock in a transaction dated 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 completion of the sale, the director directly owned 13,653 shares in the company, valued at $1,337,994. The trade was a 48.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Arthur B. Winkleblack sold 13,200 shares of the business's stock in a transaction that occurred 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 directly owned 7,129 shares of the company's stock, valued at approximately $733,075.07. The trade was a 64.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 59,220 shares of company stock worth $5,905,747 over the last quarter. Insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Morgan Stanley set a $112.00 price target on Church & Dwight in a research report on Monday, August 3rd. Barclays lifted their target price on Church & Dwight from $79.00 to $86.00 and gave the company an "underweight" rating in a research note on Tuesday, July 21st. Wells Fargo & Company reiterated an "overweight" rating and issued a $110.00 target price (up from $105.00) on shares of Church & Dwight in a report on Wednesday, July 8th. UBS Group reissued a "neutral" rating and issued a $107.00 price target (up from $104.00) on shares of Church & Dwight in a research report on Monday, August 3rd. Finally, Jefferies Financial Group restated a "buy" rating and set a $115.00 price target on shares of Church & Dwight in a report on Monday, August 3rd. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $104.41.

Church & Dwight Trading Down 0.0%

NYSE CHD opened at $98.79 on Monday. Church & Dwight Co., Inc. has a 1-year low of $81.33 and a 1-year 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 company has a market capitalization 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 firm's fifty day simple moving average is $98.56 and its 200-day simple moving average is $97.62.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.01). The firm 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%.Church & Dwight's revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior 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 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Church & Dwight Company 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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