North Star Asset Management Inc. Makes New Investment in Church & Dwight Co., Inc. $CHD

Key Points

• North Star Asset Management initiated a Church & Dwight position by purchasing 19,475 shares valued at approximately $1.9 million. Institutional investors collectively own 86.6% of the company.
• Analyst sentiment is mixed, with nine Buy ratings, eight Holds and one Sell; the consensus rating is Hold with a $104.41 price target. Shares opened at $102.40, near their 52-week high of $106.04.
• Church & Dwight slightly missed quarterly earnings expectations, reporting $0.89 EPS versus $0.90 expected, while revenue rose 1.6% year over year to $1.53 billion. The company declared a quarterly dividend of $0.3075 per share, yielding about 1.2% annually.

North Star Asset Management Inc. purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,475 shares of the company's stock, valued at approximately $1,887,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Church & Dwight during the 2nd quarter valued at about $2,174,535,000. State Street Corp lifted its position in shares of Church & Dwight by 0.6% in the 4th quarter. State Street Corp now owns 13,875,412 shares of the company's stock worth $1,163,453,000 after purchasing an additional 88,594 shares during the period. Capital International Investors lifted its position in shares of Church & Dwight by 18.1% in the 4th quarter. Capital International Investors now owns 11,302,929 shares of the company's stock worth $947,820,000 after purchasing an additional 1,734,801 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Church & Dwight by 24.0% in the 4th quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company's stock worth $638,117,000 after purchasing an additional 1,473,894 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Church & Dwight by 51.2% during 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. Hedge funds and other institutional investors own 86.60% of the company's stock.

Insider Activity

In related news, Director Bradley C. Irwin sold 4,300 shares of the company's stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $102.69, for a total transaction of $441,567.00. Following the transaction, the director directly owned 35,674 shares of the company's stock, valued at $3,663,363.06. This represents a 10.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Carlos G. Linares sold 15,375 shares of the company's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $103.00, for a total value of $1,583,625.00. Following the transaction, the executive vice president directly owned 4,668 shares in the company, valued at $480,804. This represents a 76.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 94,970 shares of company stock worth $9,568,872. Company insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CHD. Citigroup reissued a "neutral" rating and set a $105.00 price objective (up from $100.00) on shares of Church & Dwight in a report on Monday, August 3rd. Evercore set a $105.00 target price on Church & Dwight in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $109.00 target price on shares of Church & Dwight in a research report on Monday, May 4th. Jefferies Financial Group reiterated a "buy" rating and issued a $115.00 price target on shares of Church & Dwight in a report on Monday, August 3rd. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $111.00 price target on shares of Church & Dwight in a research report on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $104.41.

Church & Dwight Stock Down 0.5%

Shares of Church & Dwight stock opened at $102.40 on Friday. The firm's 50 day moving average price is $98.97 and its 200-day moving average price is $97.69. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04. The company has a market cap of $24.29 billion, a P/E ratio of 32.92, a PEG ratio of 3.75 and a beta of 0.47.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data 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 return on equity of 20.10% and a net margin of 11.96%.The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the firm earned $0.94 EPS. The company's revenue 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. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.78 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given 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 is presently 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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