Occidental Asset Management LLC Buys Shares of 9,351 Church & Dwight Co., Inc. $CHD

Occidental Asset Management LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the second quarter, Holdings Channel reports. The institutional investor bought 9,351 shares of the company’s stock, valued at approximately $906,000.

Several other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new position in shares of Church & Dwight during the 4th quarter valued at about $269,789,000. Capital International Investors increased its position in Church & Dwight by 18.1% during the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock worth $947,820,000 after purchasing an additional 1,734,801 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Church & Dwight by 51.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock worth $468,902,000 after purchasing an additional 1,709,090 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Church & Dwight by 24.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company’s stock worth $638,117,000 after purchasing an additional 1,473,894 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Church & Dwight during the second quarter worth about $125,483,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Down 3.3%

NYSE:CHD opened at $97.95 on Tuesday. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $106.04. The stock’s fifty day moving average is $98.46 and its two-hundred day moving average is $97.50. The stock has a market capitalization of $23.23 billion, a price-to-earnings ratio of 31.50, a price-to-earnings-growth ratio of 3.70 and a beta of 0.47. 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 (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). The firm 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 company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. Church & Dwight’s payout ratio is currently 39.55%.

Insider Buying and Selling

In other news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $98.00, for a total value of $1,270,080.00. Following the completion of the transaction, the director owned 13,653 shares of the company’s stock, valued at approximately $1,337,994. This trade represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert K. Shearer sold 8,600 shares of Church & Dwight stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the transaction, the director owned 30,678 shares of the company’s stock, valued at $3,005,523.66. This trade represents a 21.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 59,220 shares of company stock worth $5,905,747 over the last 90 days. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CHD has been the subject of several analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a $115.00 price target 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 research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $109.00 price objective on shares of Church & Dwight in a report on Monday, May 4th. UBS Group reissued 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. Finally, TD Cowen set a $97.00 target price on Church & Dwight and gave the company a “hold” rating in a research report on Monday, August 3rd. Nine 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. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $104.41.

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.