Wealthfront Advisers LLC grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 8.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,559 shares of the company’s stock after buying an additional 9,679 shares during the period. Wealthfront Advisers LLC owned approximately 0.05% of Church & Dwight worth $11,717,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $269,789,000. Capital International Investors grew its holdings in Church & Dwight by 18.1% during the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock valued at $947,820,000 after purchasing an additional 1,734,801 shares during the period. JPMorgan Chase & Co. increased its stake in Church & Dwight by 24.0% in the fourth quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company’s stock valued at $638,117,000 after purchasing an additional 1,473,894 shares in the last quarter. FIL Ltd increased its stake in Church & Dwight by 707.4% in the fourth quarter. FIL Ltd now owns 1,220,172 shares of the company’s stock valued at $102,311,000 after purchasing an additional 1,069,051 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Church & Dwight by 16,363.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 773,283 shares of the company’s stock worth $64,840,000 after purchasing an additional 768,586 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Church & Dwight
In other news, EVP Carlos G. Linares sold 10,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $99.71, for a total transaction of $997,100.00. Following the completion of the transaction, the executive vice president directly owned 4,668 shares of the company’s stock, valued at $465,446.28. This represents a 68.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the stock in a transaction dated Wednesday, June 10th. The stock was 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 of the company’s stock, valued at approximately $1,337,994. The trade was a 48.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 47,680 shares of company stock worth $4,672,190. 2.00% of the stock is currently owned by company insiders.
Church & Dwight Stock Down 1.1%
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. The firm’s revenue was up .1% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.75 EPS for the current fiscal year.
Church & Dwight Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, May 15th. Church & Dwight’s dividend payout ratio is 40.46%.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the stock. Evercore set a $105.00 price target on shares of Church & Dwight in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $109.00 price objective on shares of Church & Dwight in a research note on Monday, May 4th. Weiss Ratings upgraded Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. The Goldman Sachs Group reissued a “buy” rating and issued a $111.00 target price on shares of Church & Dwight in a research note on Friday, May 29th. Finally, Barclays lowered their price target on Church & Dwight from $85.00 to $80.00 and set an “underweight” rating for the company in a report on Tuesday, April 14th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $103.47.
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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