Danske Bank A S Acquires Shares of 155,637 Church & Dwight Co., Inc. $CHD

Danske Bank A S acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the second quarter, Holdings Channel reports. The institutional investor acquired 155,637 shares of the company’s stock, valued at approximately $15,078,000.

A number of other large investors have also recently made changes to their positions in CHD. Diversify Advisory Services LLC purchased a new stake in shares of Church & Dwight during the 2nd quarter valued at about $1,124,000. Wealthfront Advisers LLC purchased a new position in Church & Dwight in the second quarter worth about $11,653,000. First National Bank of Omaha purchased a new stake in Church & Dwight during the second quarter valued at approximately $3,012,000. Meeder Advisory Services Inc. purchased a new stake in Church & Dwight during the second quarter valued at approximately $578,000. Finally, Citizens Financial Group Inc. RI bought a new stake in shares of Church & Dwight in the 2nd quarter valued at approximately $1,174,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Down 1.6%

Shares of NYSE:CHD opened at $97.43 on Friday. The firm has a market capitalization of $23.11 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 3.61 and a beta of 0.47. The business has a 50 day simple moving average of $98.53 and a two-hundred day simple moving average of $97.61. Church & Dwight Co., Inc. has a 1 year low of $81.33 and a 1 year high of $106.04. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.15 and a quick ratio of 0.69.

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 the consensus estimate of $0.90 by ($0.01). Church & Dwight had a return on equity of 20.10% and a net margin of 11.96%.The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the company posted $0.94 earnings per share. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. 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. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.78 EPS for the current year.

Church & Dwight Dividend Announcement

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

Analyst Upgrades and Downgrades

CHD has been the subject of a number of recent research reports. Barclays lifted their target price on Church & Dwight from $79.00 to $86.00 and gave the stock an “underweight” rating in a report on Tuesday, July 21st. The Goldman Sachs Group restated a “buy” rating and issued a $111.00 price target on shares of Church & Dwight in a research report on Friday, May 29th. Royal Bank Of Canada lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. TD Cowen set a $97.00 price objective on shares of Church & Dwight and gave the company a “hold” rating in a research report on Monday, August 3rd. Finally, UBS Group reissued 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. Nine equities research 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 data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $104.41.

Insiders Place Their Bets

In other news, Director Ravichandra Krishnamu Saligram sold 12,960 shares of Church & Dwight stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $98.00, for a total transaction of $1,270,080.00. Following the completion of the sale, the director directly owned 13,653 shares in the company, valued at approximately $1,337,994. This trade represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Arthur B. Winkleblack sold 13,200 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.83, for a total transaction of $1,357,356.00. Following the sale, the director directly owned 7,129 shares of the company’s stock, valued at $733,075.07. This represents a 64.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 59,220 shares of company stock valued at $5,905,747. Insiders own 2.00% of the company’s stock.

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.