Sumitomo Mitsui Trust Group Inc. Decreases Stake in Church & Dwight Co., Inc. $CHD

Sumitomo Mitsui Trust Group Inc. cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 633,042 shares of the company’s stock after selling 17,866 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Church & Dwight were worth $59,075,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Godfrey Financial Associates Inc. purchased a new position in Church & Dwight in the fourth quarter worth approximately $25,000. Elyxium Wealth LLC acquired a new position in Church & Dwight during the 4th quarter worth approximately $26,000. DV Equities LLC purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $28,000. Field & Main Bank purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $29,000. Finally, GW&K Investment Management LLC raised its holdings in shares of Church & Dwight by 83.0% in the 4th quarter. GW&K Investment Management LLC now owns 344 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on CHD shares. Weiss Ratings cut shares of Church & Dwight from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Wells Fargo & Company restated an “overweight” rating and issued a $110.00 price target (up from $105.00) on shares of Church & Dwight in a research note on Wednesday. Barclays decreased their price target on Church & Dwight from $85.00 to $80.00 and set an “underweight” rating for the company in a report on Tuesday, April 14th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $111.00 price objective on shares of Church & Dwight in a research report on Friday, May 29th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $102.88.

Insider Activity at Church & Dwight

In other news, EVP Carlos G. Linares sold 10,000 shares of Church & Dwight stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $99.71, for a total transaction of $997,100.00. Following the sale, the executive vice president owned 4,668 shares in the company, valued at approximately $465,446.28. The trade was a 68.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the business’s stock in a transaction dated 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 sale, the director directly owned 13,653 shares of the company’s stock, valued at $1,337,994. The trade was a 48.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 47,680 shares of company stock valued at $4,672,190. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 0.7%

Shares of NYSE:CHD traded up $0.69 during trading on Friday, hitting $96.36. 1,368,802 shares of the company were exchanged, compared to its average volume of 1,872,933. The stock has a market capitalization of $22.83 billion, a P/E ratio of 31.70, a PEG ratio of 3.46 and a beta of 0.47. 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 12-month low of $81.33 and a 12-month high of $106.04. The firm’s 50 day moving average price is $96.26 and its 200-day moving average price is $95.23.

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

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, May 15th. Church & Dwight’s dividend payout ratio is currently 40.46%.

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.