Pictet Asset Management Holding SA Sells 11,607 Shares of Church & Dwight Co., Inc. $CHD

Pictet Asset Management Holding SA lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 7.0% during the first quarter, Holdings Channel reports. The fund owned 153,353 shares of the company’s stock after selling 11,607 shares during the period. Pictet Asset Management Holding SA’s holdings in Church & Dwight were worth $14,311,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHD. Norges Bank bought a new position in shares of Church & Dwight in the fourth quarter worth about $269,789,000. Capital International Investors grew its stake in shares of Church & Dwight by 18.1% during the fourth quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock valued at $947,820,000 after purchasing an additional 1,734,801 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 purchasing an additional 1,473,894 shares during the last quarter. FIL Ltd increased its holdings in shares of Church & Dwight by 707.4% in the fourth quarter. FIL Ltd now owns 1,220,172 shares of the company’s stock valued at $102,311,000 after purchasing an additional 1,069,051 shares in the last quarter. Finally, Candlestick Capital Management LP acquired a new stake in shares of Church & Dwight in the third quarter valued at approximately $75,506,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insiders Place Their Bets

In related news, Director Penry W. Price sold 5,960 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $94.86, for a total value of $565,365.60. Following the completion of the sale, the director owned 30,070 shares in the company, valued at $2,852,440.20. This represents a 16.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert K. Shearer sold 8,600 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $97.97, for a total value of $842,542.00. Following the sale, the director directly owned 30,678 shares in the company, valued at $3,005,523.66. The trade was a 21.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 47,680 shares of company stock worth $4,672,190 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $98.75 on Friday. The company has a market capitalization of $23.40 billion, a price-to-earnings ratio of 32.48, a P/E/G ratio of 3.50 and a beta of 0.47. The firm’s 50 day simple moving average is $96.01 and its 200 day simple moving average is $94.80. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.22 and a quick ratio of 0.81. Church & Dwight Co., Inc. has a fifty-two week low of $81.33 and a fifty-two week high of $106.04.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.02. Church & Dwight had a net margin of 11.81% and a return on equity of 20.51%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the previous year, the company earned $0.91 earnings per share. The business’s revenue for the quarter was up .1% on a year-over-year basis. Church & Dwight has set its Q2 2026 guidance at 0.880-0.880 EPS and its FY 2026 guidance at 3.710-3.810 EPS. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.75 earnings per share for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.23 annualized dividend and a dividend yield of 1.2%. Church & Dwight’s payout ratio is 40.46%.

Analyst Ratings Changes

Several research firms have issued reports on CHD. Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $98.00 to $99.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. UBS Group reiterated a “neutral” rating and issued a $100.00 price target (up from $98.00) on shares of Church & Dwight in a report on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Church & Dwight in a research note on Wednesday, June 17th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $111.00 target price on shares of Church & Dwight in a report on Friday, May 29th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $102.59.

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.