HighTower Advisors LLC decreased its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 3.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 200,189 shares of the company’s stock after selling 6,593 shares during the quarter. HighTower Advisors LLC’s holdings in Church & Dwight were worth $19,394,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of CHD. Edmond DE Rothschild Holding S.A. acquired a new position in Church & Dwight during the 2nd quarter worth approximately $25,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC acquired a new position in shares of Church & Dwight during the fourth quarter worth $26,000. DV Equities LLC acquired a new position in shares of Church & Dwight during the fourth quarter worth $28,000. Finally, Clearstead Trust LLC purchased a new position in shares of Church & Dwight in the second quarter valued at $33,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other Church & Dwight news, Director Bradley Irwin sold 4,300 shares of Church & Dwight stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $102.69, for a total value of $441,567.00. Following the completion of the transaction, the director owned 35,674 shares of the company’s stock, valued at $3,663,363.06. The trade was a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Robert Shearer sold 8,600 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $97.97, for a total transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 71,850 shares of company stock valued at $7,301,690 over the last three months. 1.20% of the stock is currently owned by company insiders.
Church & Dwight Stock Down 2.1%
Church & Dwight (NYSE:CHD – Get Free Report) last announced 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). Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the company earned $0.94 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. 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. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.78 EPS for the current fiscal year.
Church & Dwight Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were given a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Church & Dwight’s dividend payout ratio is currently 39.55%.
Analyst Ratings Changes
Several research firms recently issued reports on CHD. TD Cowen set a $97.00 price target on shares of Church & Dwight and gave the stock a “hold” rating in a research note on Monday, August 3rd. UBS Group restated a “neutral” rating and set a $107.00 target price (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $111.00 price target on shares of Church & Dwight in a research note on Friday, May 29th. Jefferies Financial Group reissued a “buy” rating and issued a $115.00 price target on shares of Church & Dwight in a report on Monday, August 3rd. Finally, Wall Street Zen upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th. Nine investment 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.com, the company currently has a consensus rating of “Hold” and a consensus price target of $104.41.
Check Out Our Latest Stock Analysis on Church & Dwight
About Church & Dwight
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.
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Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
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