S&CO Inc. Buys New Holdings in Church & Dwight Co., Inc. $CHD

Key Points

• S&CO Inc. acquired 649,655 shares of Church & Dwight during the second quarter, worth approximately $62.9 million. The position represents 3.6% of S&CO’s portfolio and about 0.27% of Church & Dwight’s outstanding shares.
• Analyst sentiment is mixed, with nine Buy, eight Hold and one Sell rating, resulting in a consensus Hold rating and a $104.41 price target.
• Church & Dwight slightly missed quarterly EPS expectations but exceeded revenue forecasts; it also declared a quarterly dividend of $0.3075 per share, equivalent to a 1.2% annualized yield.

S&CO Inc. purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 649,655 shares of the company's stock, valued at approximately $62,938,000. Church & Dwight accounts for approximately 3.6% of S&CO Inc.'s holdings, making the stock its 6th biggest position. S&CO Inc. owned about 0.27% of Church & Dwight at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Godfrey Financial Associates Inc. acquired a new stake in shares of Church & Dwight in the fourth quarter worth $25,000. Elyxium Wealth LLC acquired a new position in Church & Dwight during the fourth quarter valued at $26,000. DV Equities LLC acquired a new position in Church & Dwight during the fourth quarter valued at $28,000. Field & Main Bank purchased a new stake in Church & Dwight in the fourth quarter valued at $29,000. Finally, GW&K Investment Management LLC boosted its holdings in Church & Dwight by 83.0% in the fourth quarter. GW&K Investment Management LLC now owns 344 shares of the company's stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CHD. Royal Bank Of Canada increased their price target on Church & Dwight from $114.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $109.00 price objective on shares of Church & Dwight in a report on Monday, May 4th. Barclays upped their target price on Church & Dwight from $79.00 to $86.00 and gave the stock an "underweight" rating in a research note on Tuesday, July 21st. UBS Group reaffirmed 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. Finally, JPMorgan Chase & Co. lifted their price target on Church & Dwight from $99.00 to $105.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $104.41.

Church & Dwight Stock Down 0.1%

CHD opened at $101.25 on Friday. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15. The company has a fifty day moving average of $98.40 and a two-hundred day moving average of $97.42. The stock has a market capitalization of $24.02 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 3.70 and a beta of 0.47.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its 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). 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 analysts' expectations of $1.50 billion. During the same period in the previous year, the company earned $0.94 earnings per share. 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, research analysts expect that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors 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 dividend on an annualized basis and a yield of 1.2%. Church & Dwight's dividend payout ratio is presently 39.55%.

Insider Activity at Church & Dwight

In other news, EVP Brian D. Buchert sold 10,160 shares of the business's stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $98.14, for a total value of $997,102.40. Following the completion of the sale, the executive vice president directly owned 1,286 shares in the company, valued at $126,208.04. The trade was a 88.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Carlos G. Linares sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $99.71, for a total value of $997,100.00. Following the transaction, the executive vice president directly owned 4,668 shares of the company's stock, valued at approximately $465,446.28. The trade was a 68.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 59,220 shares of company stock valued at $5,905,747 in the last ninety days. 2.00% of the stock is currently owned by company insiders.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source