Stegent Equity Advisors Inc. decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 58.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 6,726 shares of the company’s stock after selling 9,593 shares during the period. Stegent Equity Advisors Inc.’s holdings in Church & Dwight were worth $564,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Church & Dwight during the second quarter worth $303,907,000. Thrivent Financial for Lutherans lifted its stake in Church & Dwight by 3,269.4% in the second quarter. Thrivent Financial for Lutherans now owns 896,306 shares of the company’s stock valued at $86,134,000 after buying an additional 869,705 shares during the period. Candlestick Capital Management LP acquired a new position in Church & Dwight in the third quarter valued at about $75,506,000. Invesco Ltd. boosted its holdings in Church & Dwight by 25.1% during the second quarter. Invesco Ltd. now owns 3,510,113 shares of the company’s stock worth $337,357,000 after buying an additional 703,171 shares during the last quarter. Finally, Scopus Asset Management L.P. bought a new position in Church & Dwight during the second quarter worth about $52,050,000. 86.60% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Rothschild & Co Redburn set a $91.00 price target on Church & Dwight and gave the company a “neutral” rating in a research note on Friday, February 13th. Raymond James Financial upgraded shares of Church & Dwight from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Monday, January 5th. UBS Group set a $92.00 target price on shares of Church & Dwight and gave the company a “neutral” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. upgraded shares of Church & Dwight from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $92.00 to $100.00 in a report on Monday, February 2nd. Finally, Argus reduced their price target on shares of Church & Dwight from $110.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, December 4th. Nine equities research 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $101.88.
Insider Buying and Selling at Church & Dwight
In related news, Director Janet S. Vergis sold 12,960 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $101.00, for a total transaction of $1,308,960.00. Following the sale, the director directly owned 17,102 shares in the company, valued at $1,727,302. This trade represents a 43.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Penry W. Price sold 7,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $100.58, for a total transaction of $704,060.00. Following the completion of the sale, the director directly owned 30,070 shares in the company, valued at $3,024,440.60. This represents a 18.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by corporate insiders.
Church & Dwight Trading Down 0.1%
NYSE CHD opened at $94.63 on Monday. The firm has a market cap of $22.42 billion, a P/E ratio of 31.33, a P/E/G ratio of 3.50 and a beta of 0.45. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.07 and a quick ratio of 0.71. The stock’s 50-day moving average is $98.30 and its 200-day moving average is $90.42. Church & Dwight Co., Inc. has a one year low of $81.33 and a one year high of $113.91.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.02. Church & Dwight had a return on equity of 20.05% and a net margin of 11.88%.The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same period in the previous year, the firm earned $0.76 EPS. Church & Dwight’s quarterly revenue was up 3.9% compared to the same quarter last year. Church & Dwight has set its FY 2026 guidance at 3.710-3.810 EPS and its Q1 2026 guidance at 0.920-0.920 EPS. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.
Church & Dwight Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.3%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 13th. Church & Dwight’s dividend payout ratio is currently 40.73%.
Church & Dwight 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.
See Also
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