Hsbc Holdings PLC Grows Stock Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• HSBC increased its Church & Dwight stake by 23.9% in the second quarter, acquiring 110,768 additional shares and bringing its holdings to 575,121 shares worth approximately $55.8 million. Institutional investors collectively own 86.6% of the company.
• Analysts’ average rating is “Hold,” with an average price target of $104.41; individual targets range from $97 to $115. The stock recently traded at $98.64, near its $97.65 200-day moving average.
• Church & Dwight reported quarterly revenue of $1.53 billion, up 1.6% year over year, but earnings per share of $0.89 narrowly missed estimates. The company also pays a quarterly dividend of $0.3075, representing a 1.2% annualized yield.

Hsbc Holdings PLC grew its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 23.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 575,121 shares of the company's stock after buying an additional 110,768 shares during the quarter. Hsbc Holdings PLC owned 0.24% of Church & Dwight worth $55,778,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Church & Dwight in the 2nd quarter valued at about $2,174,535,000. Norges Bank acquired a new stake in shares of Church & Dwight during the fourth quarter worth about $269,789,000. Bank of America Corp DE purchased a new position in shares of Church & Dwight in the second quarter valued at approximately $223,875,000. Capital International Investors boosted 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 valued at $947,820,000 after purchasing an additional 1,734,801 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings 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 purchasing an additional 1,709,090 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. UBS Group reiterated a "neutral" rating and set a $107.00 target price (up from $104.00) on shares of Church & Dwight in a report on Monday, August 3rd. Royal Bank Of Canada upped their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd. TD Cowen set a $97.00 price objective on Church & Dwight and gave the company a "hold" rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $99.00 to $105.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $110.00 target price (up from $105.00) on shares of Church & Dwight in a research note on Wednesday, July 8th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $104.41.

Insiders Place Their Bets

In related news, EVP Carlos Linares sold 15,375 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $103.00, for a total value of $1,583,625.00. Following the completion of the sale, the executive vice president directly owned 4,668 shares of the company's stock, valued at $480,804. This represents a 76.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rene Hemsey sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $102.25, for a total value of $511,250.00. Following the transaction, the executive vice president owned 8,086 shares in the company, valued at $826,793.50. This represents a 38.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 94,970 shares of company stock worth $9,568,872. Corporate insiders own 1.20% of the company's stock.

Church & Dwight Trading Up 0.1%

NYSE CHD opened at $98.64 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.15 and a quick ratio of 0.69. The firm's fifty day moving average price is $99.26 and its 200 day moving average price is $97.65. The company has a market capitalization of $23.40 billion, a price-to-earnings ratio of 31.72, a price-to-earnings-growth ratio of 3.51 and a beta of 0.47. Church & Dwight Co., Inc. has a 12 month low of $81.33 and a 12 month high of $106.04.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly 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 during the quarter, compared to analysts' expectations of $1.50 billion. During the same period last year, the firm earned $0.94 earnings per share. Church & Dwight's 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. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 14th. Church & Dwight's payout ratio is presently 39.55%.

Church & Dwight 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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