Meiji Yasuda Asset Management Co Ltd. Invests $3.98 Million in Church & Dwight Co., Inc. $CHD

Key Points

• Meiji Yasuda Asset Management initiated a $3.98 million position in Church & Dwight during the second quarter, purchasing 41,074 shares. Institutional investors collectively own 86.6% of the company.
• 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 also declared a quarterly dividend of $0.3075, equating to a 1.2% annualized yield.
• Analyst sentiment is mixed, with a consensus rating of “Hold” and an average price target of $104.41. Meanwhile, company insiders sold 59,220 shares worth approximately $5.9 million over the past three months.

Meiji Yasuda Asset Management Co Ltd. bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 41,074 shares of the company's stock, valued at approximately $3,979,000.

Several other hedge funds also recently made changes to their positions in the company. Godfrey Financial Associates Inc. purchased a new stake in Church & Dwight in the fourth quarter worth $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in Church & Dwight during the second quarter valued at $25,000. Elyxium Wealth LLC purchased a new position in Church & Dwight during the fourth quarter valued at $26,000. DV Equities LLC bought a new stake in shares of Church & Dwight during the 4th quarter valued at $28,000. Finally, GW&K Investment Management LLC boosted its holdings in shares of 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. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Trading Up 3.7%

NYSE CHD opened at $102.42 on Tuesday. 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's fifty day moving average price is $98.64 and its 200-day moving average price is $97.65. The stock has a market cap of $24.29 billion, a P/E ratio of 32.93, a P/E/G ratio of 3.60 and a beta of 0.47.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $1.53 billion during 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 for the quarter was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 EPS. 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, equities analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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

Insiders Place Their Bets

In other news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the company's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $98.00, for a total value of $1,270,080.00. Following the transaction, the director owned 13,653 shares in the company, valued at approximately $1,337,994. This represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert K. Shearer sold 8,600 shares of the firm's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the sale, the director directly owned 30,678 shares of the company's stock, valued at $3,005,523.66. This trade represents a 21.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 59,220 shares of company stock valued at $5,905,747. 2.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CHD shares. Royal Bank Of Canada increased 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. Citigroup reissued a "neutral" rating and set a $105.00 price objective (up from $100.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $109.00 price objective on shares of Church & Dwight in a report on Monday, May 4th. Jefferies Financial Group reaffirmed a "buy" rating and set a $115.00 target price on shares of Church & Dwight in a research note on Monday, August 3rd. Finally, TD Cowen set a $97.00 target price on shares of Church & Dwight and gave the company a "hold" rating in a report on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $104.41.

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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