Legal & General Group Plc Lowers Stock Position in Church & Dwight Co., Inc. $CHD

Key Points

• Legal & General Group Plc cut its stake in Church & Dwight by 6.5% in the fourth quarter, selling 131,024 shares and leaving it with 1,885,960 shares valued at about $158.1 million.
• Church & Dwight reported better-than-expected first-quarter results, earning $0.95 per share versus the $0.93 estimate, while revenue of $1.47 billion also slightly topped forecasts. The company also issued Q2 and full-year 2026 EPS guidance.
• The company declared a quarterly dividend of $0.3075 per share, payable June 1, which annualizes to $1.23 per share and yields about 1.3%. Separately, a director sold 7,000 shares, and analysts currently rate the stock a consensus Hold.

Legal & General Group Plc reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,885,960 shares of the company's stock after selling 131,024 shares during the quarter. Legal & General Group Plc owned about 0.79% of Church & Dwight worth $158,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of CHD. Elyxium Wealth LLC purchased a new stake in Church & Dwight in the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. raised its stake in shares of Church & Dwight by 101.3% during the third quarter. Ameriflex Group Inc. now owns 322 shares of the company's stock worth $28,000 after acquiring an additional 162 shares in the last quarter. Field & Main Bank purchased a new position in shares of Church & Dwight during the fourth quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Church & Dwight during the third quarter worth approximately $30,000. Finally, YANKCOM Partnership raised its stake in shares of Church & Dwight by 70.0% during the fourth quarter. YANKCOM Partnership now owns 413 shares of the company's stock worth $35,000 after acquiring an additional 170 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 1.5%

Shares of Church & Dwight stock opened at $98.15 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 1.22. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04. The stock has a market capitalization of $23.26 billion, a price-to-earnings ratio of 32.29, a P/E/G ratio of 3.51 and a beta of 0.48. The company's 50 day moving average price is $94.81 and its 200-day moving average price is $92.46.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its earnings results on Friday, May 1st. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.02. Church & Dwight had a net margin of 11.81% and a return on equity of 20.51%. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.46 billion. During the same quarter last year, the business earned $0.91 earnings per share. The business's revenue was up .1% on a year-over-year basis. Church & Dwight has set its Q2 2026 guidance at 0.880-0.880 EPS and its FY 2026 guidance at 3.710-3.810 EPS. Equities research analysts forecast that Church & Dwight Co., Inc. will post 3.76 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a $0.3075 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.23 annualized dividend and a dividend yield of 1.3%. Church & Dwight's dividend payout ratio (DPR) is currently 40.46%.

Insider Activity

In other news, Director Penry W. Price sold 7,000 shares of the firm's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $100.58, for a total value of $704,060.00. Following the transaction, the director owned 30,070 shares in the company, valued at approximately $3,024,440.60. This trade represents a 18.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company's stock.

Analyst Ratings Changes

CHD has been the topic of several research reports. Morgan Stanley set a $105.00 price target on shares of Church & Dwight and gave the stock an "equal weight" rating in a research note on Monday, February 2nd. Rothschild & Co Redburn set a $91.00 price target on shares of Church & Dwight and gave the stock a "neutral" rating in a research note on Friday, February 13th. UBS Group reissued a "neutral" rating and set a $100.00 price target (up from $98.00) on shares of Church & Dwight in a research note on Monday, May 4th. Wall Street Zen downgraded shares of Church & Dwight from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $114.00 price target (up from $112.00) on shares of Church & Dwight in a research note on Monday, May 4th. Nine equities research 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. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $102.53.

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.

Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.