Assenagon Asset Management S.A. Sells 324,406 Shares of Church & Dwight Co., Inc. $CHD

Assenagon Asset Management S.A. reduced its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 92.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,176 shares of the company’s stock after selling 324,406 shares during the period. Assenagon Asset Management S.A.’s holdings in Church & Dwight were worth $2,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CHD. Godfrey Financial Associates Inc. bought a new position in shares of Church & Dwight in the 4th quarter valued at $25,000. Elyxium Wealth LLC acquired a new position in shares of Church & Dwight in the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. grew its holdings in Church & Dwight by 101.2% during the 3rd quarter. Ameriflex Group Inc. now owns 322 shares of the company’s stock worth $28,000 after acquiring an additional 162 shares during the last quarter. DV Equities LLC bought a new position in shares of Church & Dwight during the fourth quarter valued at $28,000. Finally, Field & Main Bank bought a new position in shares of Church & Dwight during the fourth quarter valued at $29,000. Institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In other news, Director Robert K. Shearer sold 8,600 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director owned 30,678 shares in the company, valued at $3,005,523.66. The trade was a 21.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Carlos G. Linares sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $99.71, for a total value of $997,100.00. Following the transaction, the executive vice president directly owned 4,668 shares in the company, valued at $465,446.28. The trade was a 68.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 47,680 shares of company stock valued at $4,672,190. 1.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CHD has been the topic of several analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Church & Dwight in a research note on Wednesday, June 17th. JPMorgan Chase & Co. lifted their price objective on Church & Dwight from $98.00 to $99.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $109.00 target price on shares of Church & Dwight in a report on Monday, May 4th. The Goldman Sachs Group reissued a “buy” rating and set a $111.00 target price on shares of Church & Dwight in a research report on Friday, May 29th. Finally, Evercore set a $105.00 price target on shares of Church & Dwight in a report on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average price target of $102.59.

Church & Dwight Price Performance

Shares of CHD opened at $96.80 on Wednesday. The firm has a market cap of $22.94 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 3.52 and a beta of 0.47. Church & Dwight Co., Inc. has a 52-week low of $81.33 and a 52-week high of $106.04. The business’s 50 day moving average price is $95.89 and its two-hundred day moving average price is $94.60. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 1.22.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.93 by $0.02. Church & Dwight had a net margin of 11.81% and a return on equity of 20.51%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the firm posted $0.91 EPS. The company’s quarterly revenue 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. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.75 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were paid a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 15th. Church & Dwight’s dividend payout ratio is 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.