CIBC Bancorp USA Inc. Purchases New Holdings in Church & Dwight Co., Inc. $CHD

CIBC Bancorp USA Inc. acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 90,100 shares of the company’s stock, valued at approximately $7,895,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Church & Dwight by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 31,830,529 shares of the company’s stock worth $3,059,232,000 after buying an additional 388,890 shares in the last quarter. State Street Corp raised its holdings in shares of Church & Dwight by 2.4% in the third quarter. State Street Corp now owns 13,786,818 shares of the company’s stock valued at $1,208,139,000 after buying an additional 319,763 shares during the last quarter. Capital International Investors raised its stake in shares of Church & Dwight by 0.5% in the third quarter. Capital International Investors now owns 9,568,128 shares of the company’s stock worth $838,252,000 after acquiring an additional 50,296 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Church & Dwight by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,136,330 shares of the company’s stock worth $537,736,000 after buying an additional 175,960 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Church & Dwight by 4.1% during the third quarter. Invesco Ltd. now owns 3,653,852 shares of the company’s stock valued at $320,187,000 after acquiring an additional 143,739 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other news, Director Janet S. Vergis sold 12,960 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $101.00, for a total transaction of $1,308,960.00. Following the sale, the director owned 17,102 shares in the company, valued at approximately $1,727,302. This trade represents a 43.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Penry W. Price sold 7,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $100.58, for a total value of $704,060.00. Following the sale, the director owned 30,070 shares in the company, valued at $3,024,440.60. The trade was a 18.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on CHD. JPMorgan Chase & Co. raised shares of Church & Dwight from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $92.00 to $100.00 in a research note on Monday, February 2nd. Argus cut their price objective on Church & Dwight from $110.00 to $102.00 and set a “buy” rating on the stock in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $100.00 price objective (down from $102.00) on shares of Church & Dwight in a research report on Wednesday, December 10th. Evercore upped their price target on Church & Dwight from $101.00 to $103.00 and gave the stock an “in-line” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Church & Dwight in a report on Monday, December 22nd. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $101.88.

Church & Dwight Stock Up 0.0%

CHD stock opened at $94.62 on Friday. The stock’s fifty day simple moving average is $97.80 and its two-hundred day simple moving average is $90.48. The company has a current ratio of 1.07, a quick ratio of 0.71 and a debt-to-equity ratio of 0.55. The stock has a market cap of $22.40 billion, a P/E ratio of 31.33, a P/E/G ratio of 3.50 and a beta of 0.45. Church & Dwight Co., Inc. has a 1-year low of $81.33 and a 1-year high of $113.91.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.02. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.64 billion. Church & Dwight had a return on equity of 20.05% and a net margin of 11.88%.Church & Dwight’s revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 earnings per share. Church & Dwight has set its FY 2026 guidance at 3.710-3.810 EPS and its Q1 2026 guidance at 0.920-0.920 EPS. Analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.30. Church & Dwight’s payout ratio is 40.73%.

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.