Wellington Management Group LLP Acquires 201,394 Shares of Church & Dwight Co., Inc. $CHD

Key Points

• Wellington Management increased its Church & Dwight stake by 282% in the second quarter, acquiring 201,394 shares for a total holding of 272,818 shares worth approximately $26.4 million. Institutional investors own 86.6% of the company.
• Analyst sentiment remains mixed, with nine Buy, eight Hold, and one Sell rating; the consensus rating is Hold with a $104.41 price target. CHD recently traded at $98.64.
• Church & Dwight slightly missed quarterly EPS estimates at $0.89 versus $0.90, though revenue exceeded expectations at $1.53 billion. The company maintains a quarterly dividend of $0.3075 per share, yielding about 1.2% annually.

Wellington Management Group LLP raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 282.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 272,818 shares of the company's stock after acquiring an additional 201,394 shares during the period. Wellington Management Group LLP owned approximately 0.12% of Church & Dwight worth $26,431,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Kingsview Wealth Management LLC bought a new position in shares of Church & Dwight in the second quarter worth approximately $424,000. Beacon Pointe Advisors LLC purchased a new stake in Church & Dwight in the second quarter valued at approximately $742,000. Kimelman & Baird LLC bought a new stake in Church & Dwight during the second quarter valued at approximately $43,000. Pin Oak Investment Advisors Inc. bought a new stake in Church & Dwight during the second quarter valued at approximately $39,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Church & Dwight in the 2nd quarter worth approximately $104,000. Institutional investors own 86.60% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CHD shares. 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 research report on Wednesday, July 8th. UBS Group reiterated a "neutral" rating and issued a $107.00 target price (up from $104.00) on shares of Church & Dwight in a research report on Monday, August 3rd. Morgan Stanley set a $112.00 price target on Church & Dwight in a research report on Monday, August 3rd. TD Cowen set a $97.00 price target on Church & Dwight and gave the stock a "hold" rating in a research note on Monday, August 3rd. Finally, Citigroup reiterated a "neutral" rating and issued a $105.00 price objective (up from $100.00) on shares of Church & Dwight in a report on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $104.41.

Church & Dwight Stock Performance

Church & Dwight stock opened at $98.64 on Friday. The firm has a fifty day simple moving average of $99.25 and a two-hundred day simple moving average of $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 twelve month low of $81.33 and a twelve month high of $106.04. The company has a market capitalization of $23.40 billion, a PE ratio of 31.72, a P/E/G ratio of 3.51 and a beta of 0.47.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.01). The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The firm's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the business posted $0.94 earnings per share. 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. Research analysts expect that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were paid a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 14th. Church & Dwight's dividend payout ratio is 39.55%.

Insider Activity

In other Church & Dwight news, Director Arthur B. Winkleblack sold 13,200 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.83, for a total transaction of $1,357,356.00. Following the completion of the sale, the director owned 7,129 shares of the company's stock, valued at $733,075.07. This represents a 64.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert K. Shearer sold 8,600 shares of the firm'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 approximately $3,005,523.66. This trade represents a 21.90% decrease in their position. 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 valued at $9,568,872. Corporate insiders own 2.00% of the company's stock.

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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