Church & Dwight Co., Inc. $CHD Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 82,520 shares of the company’s stock, valued at approximately $7,775,000.

Other large investors have also recently bought and sold shares of the company. North Dakota State Investment Board lifted its position in Church & Dwight by 1.5% during the third quarter. North Dakota State Investment Board now owns 7,254 shares of the company’s stock worth $683,000 after acquiring an additional 109 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Church & Dwight by 5.3% during the first quarter. Arkadios Wealth Advisors now owns 2,692 shares of the company’s stock worth $251,000 after acquiring an additional 136 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Church & Dwight by 3.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,222 shares of the company’s stock valued at $506,000 after purchasing an additional 153 shares during the last quarter. United Asset Strategies Inc. grew its position in shares of Church & Dwight by 3.5% in the third quarter. United Asset Strategies Inc. now owns 4,701 shares of the company’s stock valued at $443,000 after purchasing an additional 160 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its stake in shares of Church & Dwight by 1.4% during the third quarter. Diversify Advisory Services LLC now owns 11,550 shares of the company’s stock worth $1,191,000 after purchasing an additional 164 shares during the period. 86.60% of the stock is owned by institutional investors.

Church & Dwight Trading Up 2.7%

Shares of NYSE:CHD opened at $112.08 on Thursday. The business’s 50 day simple moving average is $99.83 and its 200 day simple moving average is $97.98. Church & Dwight Co., Inc. has a 1 year low of $81.49 and a 1 year high of $113.25. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.96 and a quick ratio of 0.62. The company has a market capitalization of $26.45 billion, a P/E ratio of 30.16, a P/E/G ratio of 3.86 and a beta of 0.45.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.41%. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 EPS. On average, research analysts anticipate that Church & Dwight Co., Inc. will post 3.77 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. Church & Dwight’s payout ratio is 37.85%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CHD. TD Cowen reissued a “hold” rating and set a $115.00 price target (up from $97.00) on shares of Church & Dwight in a report on Tuesday. Oppenheimer boosted their target price on shares of Church & Dwight from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday, October 28th. Barclays upped their price target on shares of Church & Dwight from $83.00 to $89.00 and gave the company an “underweight” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Church & Dwight in a research report on Wednesday, October 14th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 price objective on shares of Church & Dwight in a research note on Monday, August 3rd. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and an average target price of $108.44.

Key Stories Impacting Church & Dwight

Here are the key news stories impacting Church & Dwight this week:

• Positive Sentiment: Several analysts raised price targets or expressed optimism: Wells Fargo reiterated an “overweight” rating and raised its target to $115, while Morgan Stanley lifted its target to $117. JPMorgan said the stock could rise, and Citigroup also boosted its target. These revisions add support after the company’s recent quarterly earnings beat and stronger sales outlook. Wells Fargo rating
• Neutral Sentiment: Analyst views remain mixed: Morgan Stanley’s higher target came with an “equal weight” rating, while the broader consensus was reported as “Hold.” This suggests target increases do not necessarily signal strong conviction that shares will keep advancing. Morgan Stanley outlook
• Negative Sentiment: Barclays maintained a “sell”/underweight stance despite raising its price target to $89, a cautious call that points to potential downside from recent levels. Barclays rating
• Negative Sentiment: CEO Richard Dierker sold 83,340 shares for about $9.1 million, reducing his reported ownership by 68.31%. Director Bradley Irwin also sold 4,300 shares, worth about $475,000. Insider sales can weigh on sentiment, though the filings do not give reasons for the transactions. CEO transaction filing Director transaction filing

Insider Buying and Selling

In related news, EVP Rene Hemsey sold 5,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $102.25, for a total transaction of $511,250.00. Following the completion of the sale, the executive vice president owned 8,086 shares of the company’s stock, valued at $826,793.50. This represents a 38.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Bradley Irwin sold 4,300 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $110.36, for a total transaction of $474,548.00. Following the sale, the director owned 35,674 shares in the company, valued at $3,936,982.64. The trade was a 10.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 127,690 shares of company stock worth $13,712,471 in the last ninety days. 2.00% of the stock is owned by company insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.