575,121 Shares in Church & Dwight Co., Inc. $CHD Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 575,121 shares of the company’s stock, valued at approximately $55,778,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. BlackRock Inc. acquired a new position in shares of Church & Dwight in the 2nd quarter valued at $2,174,535,000. Norges Bank purchased a new position in shares of Church & Dwight during the 4th quarter worth $269,789,000. Capital International Investors increased its position in shares of Church & Dwight by 18.1% during 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 last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Church & Dwight by 51.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock worth $468,902,000 after purchasing an additional 1,709,090 shares during the last quarter. Finally, Legal & General Group Plc purchased a new stake in Church & Dwight in the 2nd quarter valued at about $153,639,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Up 0.3%

Shares of Church & Dwight stock opened at $102.85 on Thursday. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04. The company has a 50 day moving average of $98.83 and a 200 day moving average of $97.68. The company has a quick ratio of 0.69, a current ratio of 1.15 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $24.40 billion, a P/E ratio of 33.07, a P/E/G ratio of 3.74 and a beta of 0.47.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data 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). The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.Church & Dwight’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm 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. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.78 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently disclosed 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. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Church & Dwight’s dividend payout ratio is currently 39.55%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Weiss Ratings raised shares of Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Evercore set a $105.00 price target on shares of Church & Dwight in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $109.00 price objective on shares of Church & Dwight in a report on Monday, May 4th. Barclays lifted their target price on shares of Church & Dwight from $79.00 to $86.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. Finally, Jefferies Financial Group restated a “buy” rating and set a $115.00 price target on shares of Church & Dwight in a research note on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $104.41.

Insiders Place Their Bets

In other news, EVP Carlos G. Linares sold 15,375 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $102.00, for a total value of $1,568,250.00. Following the transaction, the executive vice president owned 4,668 shares in the company, valued at approximately $476,136. This represents a 76.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert K. Shearer sold 8,600 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $97.97, for a total value of $842,542.00. Following the sale, the director directly owned 30,678 shares in the company, valued at $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 quarter, insiders have sold 79,595 shares of company stock worth $7,985,247. 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.