Carmignac Gestion Sells 6,089 Shares of Church & Dwight Co., Inc. $CHD

Carmignac Gestion decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 6.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 90,997 shares of the company’s stock after selling 6,089 shares during the period. Carmignac Gestion’s holdings in Church & Dwight were worth $8,838,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Church & Dwight by 4.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,274 shares of the company’s stock valued at $2,672,000 after purchasing an additional 945 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Church & Dwight by 18.4% during the 1st quarter. Empowered Funds LLC now owns 6,595 shares of the company’s stock worth $726,000 after buying an additional 1,024 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Church & Dwight during the 2nd quarter worth $254,000. Baird Financial Group Inc. boosted its stake in Church & Dwight by 9.0% in the second quarter. Baird Financial Group Inc. now owns 29,398 shares of the company’s stock valued at $2,825,000 after buying an additional 2,419 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Church & Dwight by 0.4% in the second quarter. Cerity Partners LLC now owns 52,273 shares of the company’s stock valued at $5,024,000 after buying an additional 204 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Church & Dwight news, Director Arthur B. Winkleblack sold 13,200 shares of the stock in a transaction that occurred 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 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ravichandra Saligram sold 12,960 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was 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 of the company’s stock, valued at approximately $1,337,994. The trade was a 48.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 94,970 shares of company stock valued at $9,568,872 over the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on CHD. TD Cowen set a $97.00 target price on Church & Dwight and gave the stock a “hold” rating in a research note on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $111.00 price objective on shares of Church & Dwight in a research report on Friday, May 29th. Royal Bank Of Canada increased their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Thursday, July 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 company. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $104.41.

Check Out Our Latest Stock Analysis on CHD

Church & Dwight Trading Down 2.1%

Shares of NYSE:CHD traded down $2.07 during mid-day trading on Tuesday, reaching $96.48. 2,031,590 shares of the company’s stock were exchanged, compared to its average volume of 2,089,769. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.69 and a current ratio of 1.15. Church & Dwight Co., Inc. has a twelve month low of $81.33 and a twelve month high of $106.04. The firm has a market capitalization of $22.88 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 3.51 and a beta of 0.47. The business’s fifty day moving average price is $99.26 and its 200-day moving average price is $97.65.

Church & Dwight (NYSE:CHDGet Free Report) 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 during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the company 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, research analysts predict that Church & Dwight Co., Inc. will post 3.78 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were given a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is 39.55%.

Church & Dwight Company Profile

(Free Report)

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

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:CHDFree Report).

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.