Sone Capital Management LLC Invests $9.61 Million in Church & Dwight Co., Inc. $CHD

Sone Capital Management LLC acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHDFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 99,237 shares of the company’s stock, valued at approximately $9,614,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Van Hulzen Asset Management LLC acquired a new position in Church & Dwight during the second quarter worth $218,000. Peak Asset Management LLC acquired a new stake in Church & Dwight in the second quarter valued at $464,000. Investor s Fiduciary Advisor Network LLC bought a new position in shares of Church & Dwight in the 2nd quarter valued at about $1,012,000. OMERS ADMINISTRATION Corp bought a new position in shares of Church & Dwight in the 2nd quarter valued at about $2,197,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth about $1,141,000. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CHD. Citigroup reaffirmed a “neutral” rating and issued a $105.00 target price (up from $100.00) on shares of Church & Dwight in a report on Monday, August 3rd. Morgan Stanley set a $112.00 price target on Church & Dwight in a research report on Monday, August 3rd. Royal Bank Of Canada upped their price objective on Church & Dwight from $114.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. TD Cowen set a $97.00 price objective on Church & Dwight and gave the company a “hold” rating in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $115.00 target price on shares of Church & Dwight in a research note on Monday, August 3rd. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $104.41.

Read Our Latest Stock Analysis on CHD

Insider Buying and Selling

In other news, Director Arthur B. Winkleblack sold 13,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total value of $1,357,356.00. Following the transaction, the director owned 7,129 shares of the company’s stock, valued at approximately $733,075.07. This represents a 64.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brian D. Buchert sold 10,160 shares of the 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 transaction, the executive vice president owned 1,286 shares in the company, valued at approximately $126,208.04. This trade represents a 88.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 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 Stock Performance

NYSE CHD opened at $102.42 on Tuesday. The firm has a 50-day moving average of $98.64 and a 200-day moving average of $97.65. 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 stock has a market cap of $24.29 billion, a PE ratio of 32.93, a P/E/G ratio of 3.60 and a beta of 0.47. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04.

Church & Dwight (NYSE:CHDGet Free Report) last announced its earnings results 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 company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm posted $0.94 EPS. The business’s quarterly revenue was up 1.6% on a year-over-year basis. 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 anticipate that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued 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 is Friday, August 14th. Church & Dwight’s payout ratio is currently 39.55%.

Church & Dwight Company Profile

(Free Report)

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.

Recommended Stories

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:CHDFree Report).

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.