Meiji Yasuda Asset Management Co Ltd. Takes Position in Church & Dwight Co., Inc. $CHD

Meiji Yasuda Asset Management Co Ltd. purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the second quarter, Holdings Channel.com reports. The firm purchased 41,074 shares of the company’s stock, valued at approximately $3,979,000.

Other hedge funds have also recently made changes to their positions in the company. Walter Public Investments Inc. purchased a new position in shares of Church & Dwight in the 1st quarter worth $5,721,000. Tandem Investment Advisors Inc. increased its position in Church & Dwight by 11.6% during the fourth quarter. Tandem Investment Advisors Inc. now owns 797,733 shares of the company’s stock valued at $66,890,000 after acquiring an additional 82,833 shares during the last quarter. Swiss Life Asset Management Ltd increased its position in Church & Dwight by 122.6% during the fourth quarter. Swiss Life Asset Management Ltd now owns 141,837 shares of the company’s stock valued at $11,893,000 after acquiring an additional 78,107 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in Church & Dwight in the first quarter valued at about $1,129,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Church & Dwight in the first quarter valued at about $2,382,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 3.7%

NYSE CHD opened at $102.42 on Tuesday. The stock’s 50-day moving average price is $98.64 and its 200-day moving average price is $97.65. 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 52 week low of $81.33 and a 52 week high of $106.04. The company has a market capitalization of $24.29 billion, a P/E ratio of 32.93, a price-to-earnings-growth ratio of 3.60 and a beta of 0.47.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.01). The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.50 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 1.6% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, equities research analysts predict that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.3075 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.23 annualized dividend and a yield of 1.2%. Church & Dwight’s payout ratio is currently 39.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. UBS Group restated a “neutral” rating and set a $107.00 price target (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Weiss Ratings raised shares of Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. TD Cowen set a $97.00 target price on shares of Church & Dwight and gave the company a “hold” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Finally, Wall Street Zen upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Sunday, August 16th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $104.41.

Insider Buying and Selling at Church & Dwight

In other news, Director Arthur B. Winkleblack sold 13,200 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.83, for a total transaction of $1,357,356.00. Following the sale, the director directly owned 7,129 shares in the company, valued at $733,075.07. This trade represents a 64.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 12,960 shares of Church & Dwight stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $98.00, for a total transaction of $1,270,080.00. Following the transaction, the director owned 13,653 shares in the company, valued at approximately $1,337,994. This trade represents a 48.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 59,220 shares of company stock valued at $5,905,747. 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.