ProShare Advisors LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,730,798 shares of the company’s stock after selling 37,705 shares during the period. ProShare Advisors LLC owned about 0.73% of Church & Dwight worth $163,076,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Church & Dwight during the second quarter valued at $2,174,535,000. Bank of America Corp DE purchased a new position in shares of Church & Dwight in the 2nd quarter worth approximately $223,875,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Church & Dwight by 51.2% during the first 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. Legal & General Group Plc acquired a new position in Church & Dwight during the second quarter worth $153,639,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Church & Dwight during the 2nd quarter valued at about $125,483,000. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Trading Up 0.9%
NYSE:CHD opened at $106.94 on Friday. The business has a 50 day moving average price of $99.27 and a two-hundred day moving average price of $97.66. The company has a market cap of $25.37 billion, a P/E ratio of 32.90, a price-to-earnings-growth ratio of 3.82 and a beta of 0.49. 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 $81.49 and a twelve month high of $111.23.
Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings results on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.02. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.58 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 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 earnings per share. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.77 EPS for the current fiscal year.
Church & Dwight Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, November 13th. Church & Dwight’s dividend payout ratio is 39.55%.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. Wells Fargo & Company reduced their price objective on Church & Dwight from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. Citigroup reaffirmed a “neutral” rating and set a $105.00 price target (up from $100.00) on shares of Church & Dwight in a research report on Monday, August 3rd. Morgan Stanley set a $112.00 price target on shares of Church & Dwight in a report on Monday, August 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Church & Dwight in a research note on Wednesday, October 14th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $115.00 price target on shares of Church & Dwight in a research report on Monday, August 3rd. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $105.06.
Check Out Our Latest Analysis on Church & Dwight
Trending Headlines about Church & Dwight
Here are the key news stories impacting Church & Dwight this week:
- Positive Sentiment: Q3 earnings and sales beat estimates: Adjusted earnings were $0.92 per share versus the $0.90 consensus, while revenue rose 1.0% year over year to $1.602 billion, ahead of the $1.58 billion estimate. EPS increased from $0.81 a year earlier. Church & Dwight Delivers Strong Third Quarter Results
- Positive Sentiment: Organic growth substantially exceeded guidance: Organic sales increased 5.1%, well above the company’s 3% outlook, with growth across all three divisions. The stronger mix and sales performance also supported margin gains and reinforced confidence in the company’s brands and 2026 outlook. CHD Q3 Earnings Top Estimates, Organic Growth Fuels Margin Gains
- Positive Sentiment: $1 billion buyback announced: The authorization gives Church & Dwight an additional way to return capital to shareholders and could support per-share earnings by reducing the share count. Church & Dwight Unveils $1 Billion Stock Buyback
- Positive Sentiment: Analyst sentiment improved: Oppenheimer raised its price target, while RBC Capital maintained its Buy rating, adding support to the bullish reaction.
- Neutral Sentiment: Revenue outlook remains modest: Management firmed up its 2026 sales-growth target at 0.5%, although this is within the previous range of flat to 1% growth and reflects better-than-feared performance.
- Negative Sentiment: Valuation remains a consideration: With the stock trading near its yearly high and at a relatively elevated earnings multiple, investors may require continued organic growth and margin improvement to justify further gains.
Insider Buying and Selling at Church & Dwight
In other news, Director Arthur Winkleblack sold 13,200 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was 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 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 SEC, which can be accessed through this hyperlink. Also, EVP Rene Hemsey sold 5,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $102.25, for a total transaction of $511,250.00. Following the sale, the executive vice president directly owned 8,086 shares in the company, valued at $826,793.50. The trade was a 38.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 53,250 shares of company stock valued at $5,462,048. Insiders own 2.00% of the company’s stock.
Church & Dwight Company Profile
Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.
The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.
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