Saudi Central Bank Buys 7,718 Shares of Church & Dwight Co., Inc. $CHD

Saudi Central Bank lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 87.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,581 shares of the company’s stock after buying an additional 7,718 shares during the period. Saudi Central Bank’s holdings in Church & Dwight were worth $1,606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. bought a new stake in Church & Dwight in the second quarter valued at $2,174,535,000. State Street Corp lifted its holdings in shares of Church & Dwight by 0.6% during the fourth quarter. State Street Corp now owns 13,875,412 shares of the company’s stock valued at $1,163,453,000 after acquiring an additional 88,594 shares during the period. Capital International Investors boosted its stake 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 valued at $947,820,000 after purchasing an additional 1,734,801 shares in the last quarter. JPMorgan Chase & Co. boosted its stake 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 purchasing an additional 1,473,894 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Church & Dwight by 51.2% in the 1st 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. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Trading Down 2.1%

Shares of NYSE CHD opened at $96.48 on Wednesday. Church & Dwight Co., Inc. has a 1-year low of $81.33 and a 1-year high of $106.04. The company has a 50-day moving average of $99.26 and a two-hundred day moving average of $97.61. The company has a market cap of $22.88 billion, a PE ratio of 31.02, a P/E/G ratio of 3.51 and a beta of 0.47. The company has a current ratio of 1.15, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results 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). Church & Dwight had a net margin of 11.96% and a return on equity of 20.10%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the business earned $0.94 EPS. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. 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. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.78 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analysts Set New Price Targets

CHD has been the subject of a number of recent analyst reports. 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. TD Cowen set a $97.00 price objective on shares of Church & Dwight and gave the stock a “hold” rating in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price objective on shares of Church & Dwight in a report on Monday, August 3rd. UBS Group reiterated a “neutral” rating and issued a $107.00 target price (up from $104.00) on shares of Church & Dwight in a research note on Monday, August 3rd. Finally, Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a report on Sunday, August 16th. Nine equities research 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $104.41.

Insider Activity

In other news, EVP Carlos G. Linares sold 15,375 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $103.00, for a total value of $1,583,625.00. Following the transaction, the executive vice president directly owned 4,668 shares in the company, valued at $480,804. This trade represents a 76.71% decrease in their position. The transaction was disclosed in a document filed 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 dated Thursday, June 11th. The stock was sold at an average price of $97.97, for a total value of $842,542.00. Following the transaction, the director owned 30,678 shares in the company, valued at approximately $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. In the last three months, insiders sold 71,850 shares of company stock worth $7,301,690. Corporate insiders own 1.20% of the company’s stock.

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.