Church & Dwight Co., Inc. $CHD Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD) by 7.0% in the first quarter, Holdings Channel.com reports. The fund owned 378,902 shares of the company’s stock after selling 28,420 shares during the period. Welch & Forbes LLC’s holdings in Church & Dwight were worth $35,359,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank bought a new stake in Church & Dwight during the fourth quarter valued at $269,789,000. Capital International Investors lifted its position in shares of Church & Dwight by 18.1% in the 4th quarter. Capital International Investors now owns 11,302,929 shares of the company’s stock worth $947,820,000 after buying an additional 1,734,801 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Church & Dwight by 24.0% in the 4th quarter. JPMorgan Chase & Co. now owns 7,610,224 shares of the company’s stock valued at $638,117,000 after buying an additional 1,473,894 shares during the period. FIL Ltd boosted its holdings in shares of Church & Dwight by 707.4% in the 4th quarter. FIL Ltd now owns 1,220,172 shares of the company’s stock valued at $102,311,000 after buying an additional 1,069,051 shares during the period. Finally, Candlestick Capital Management LP bought a new stake in shares of Church & Dwight during the 3rd quarter valued at about $75,506,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Church & Dwight

In related news, EVP Carlos G. Linares sold 10,000 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $99.71, for a total value of $997,100.00. Following the completion of the transaction, the executive vice president owned 4,668 shares in the company, valued at $465,446.28. This represents a 68.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Brian D. Buchert sold 10,160 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $98.14, for a total transaction of $997,102.40. Following the transaction, the executive vice president directly owned 1,286 shares in the company, valued at approximately $126,208.04. The trade was a 88.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 47,680 shares of company stock worth $4,672,190 over the last ninety days. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CHD. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $109.00 target price on shares of Church & Dwight in a report on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 price target on shares of Church & Dwight in a report on Monday, June 1st. Wells Fargo & Company restated an “overweight” rating and set a $110.00 price objective (up from $105.00) on shares of Church & Dwight in a research note on Wednesday. Finally, Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $102.88.

Church & Dwight Stock Performance

CHD stock traded up $0.69 on Friday, reaching $96.36. The company’s stock had a trading volume of 1,368,802 shares, compared to its average volume of 1,872,933. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $106.04. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.22 and a quick ratio of 0.81. The company has a market capitalization of $22.83 billion, a P/E ratio of 31.70, a price-to-earnings-growth ratio of 3.46 and a beta of 0.47. The firm has a fifty day moving average of $96.26 and a two-hundred day moving average of $95.23.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, May 1st. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.02. Church & Dwight had a return on equity of 20.51% and a net margin of 11.81%.The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the business earned $0.91 EPS. The firm’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, analysts predict that Church & Dwight Co., Inc. will post 3.75 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors 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 yield of 1.3%. Church & Dwight’s dividend payout ratio is presently 40.46%.

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.