Korea Investment CORP Acquires New Stake in Church & Dwight Co., Inc. $CHD

Key Points

• Korea Investment CORP acquired 115,011 Church & Dwight shares during the second quarter, worth approximately $11.1 million. Institutional investors collectively own 86.6% of the company.
• Church & Dwight reported quarterly revenue of $1.53 billion, above estimates, but EPS of $0.89 missed expectations by one cent. Analysts maintain a consensus “Hold” rating with an average price target of $104.41.
• The company declared a quarterly dividend of $0.3075 per share, equivalent to an annualized $1.23 dividend and a 1.2% yield. Shares opened at $102.42, near their 52-week high of $106.04.

Korea Investment CORP acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 115,011 shares of the company's stock, valued at approximately $11,142,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Godfrey Financial Associates Inc. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $25,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Church & Dwight in the second quarter worth about $25,000. Elyxium Wealth LLC purchased a new position in Church & Dwight in the 4th quarter worth about $26,000. DV Equities LLC purchased a new position in Church & Dwight in the 4th quarter worth about $28,000. Finally, GW&K Investment Management LLC lifted its holdings in Church & Dwight by 83.0% during the 4th quarter. GW&K Investment Management LLC now owns 344 shares of the company's stock valued at $29,000 after buying an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $109.00 price objective on shares of Church & Dwight in a research report on Monday, May 4th. Evercore set a $105.00 target price on shares of Church & Dwight in a research report on Monday, May 4th. Wall Street Zen raised shares of Church & Dwight from a "sell" rating to a "hold" rating in a research note on Sunday, August 16th. Royal Bank Of Canada boosted their price target on Church & Dwight from $114.00 to $115.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company restated an "overweight" rating and set a $110.00 price objective (up from $105.00) on shares of Church & Dwight in a report on Wednesday, July 8th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and a consensus target price of $104.41.

Church & Dwight Stock Up 3.7%

Shares of Church & Dwight stock opened at $102.42 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 stock has a market cap of $24.29 billion, a price-to-earnings ratio of 32.93, a PEG ratio of 3.60 and a beta of 0.47. The firm's 50-day moving average is $98.64 and its two-hundred day moving average is $97.65. Church & Dwight Co., Inc. has a 1 year low of $81.33 and a 1 year high of $106.04.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.89 EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm posted $0.94 EPS. The company's revenue for the quarter was up 1.6% compared to the same quarter last year. 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, research analysts expect that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Insider Activity

In related news, Director Robert K. Shearer sold 8,600 shares of the company's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director directly owned 30,678 shares in the company, valued at $3,005,523.66. This represents a 21.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Arthur B. Winkleblack sold 13,200 shares of Church & Dwight stock in a transaction dated 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 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 59,220 shares of company stock worth $5,905,747 over the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

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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