Legal & General Group Plc Invests $153.64 Million in Church & Dwight Co., Inc. $CHD

Legal & General Group Plc purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,585,870 shares of the company’s stock, valued at approximately $153,639,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in Church & Dwight during the 2nd quarter worth approximately $2,174,535,000. Norges Bank purchased a new stake in shares of Church & Dwight in the fourth quarter valued at $269,789,000. Capital International Investors boosted its position in shares of Church & Dwight by 18.1% in the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock worth $947,820,000 after buying an additional 1,734,801 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Church & Dwight by 51.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock worth $468,902,000 after buying an additional 1,709,090 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Church & Dwight by 24.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company’s stock valued at $638,117,000 after buying an additional 1,473,894 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

CHD opened at $102.40 on Friday. 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 company has a market cap of $24.29 billion, a PE ratio of 32.92, a price-to-earnings-growth ratio of 3.75 and a beta of 0.47. The stock has a 50-day moving average of $98.97 and a 200-day moving average of $97.69. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04.

Church & Dwight (NYSE:CHD) last issued 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). Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the business posted $0.94 earnings per share. The firm’s 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. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Carlos G. Linares sold 15,375 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $102.00, for a total value of $1,568,250.00. Following the transaction, the executive vice president directly owned 4,668 shares in the company, valued at approximately $476,136. This trade represents a 76.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Brian D. Buchert sold 10,160 shares of Church & Dwight stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $98.14, for a total transaction of $997,102.40. Following the completion of the transaction, the executive vice president owned 1,286 shares in the company, valued at $126,208.04. This trade represents a 88.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 94,970 shares of company stock valued at $9,568,872. 2.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CHD has been the topic of several recent analyst reports. Evercore set a $105.00 price target on Church & Dwight in a research report on Monday, May 4th. Barclays upped their target price on Church & Dwight from $79.00 to $86.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. TD Cowen set a $97.00 price target on shares of Church & Dwight and gave the stock a “hold” rating in a research report on Monday, August 3rd. UBS Group restated a “neutral” rating and set a $107.00 price target (up from $104.00) on shares of Church & Dwight in a report on Monday, August 3rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $110.00 price objective (up from $105.00) on shares of Church & Dwight in a research report on Wednesday, July 8th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $104.41.

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.