Bank of Nova Scotia Sells 15,150 Shares of Church & Dwight Co., Inc. $CHD

Bank of Nova Scotia decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 8.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,122 shares of the company’s stock after selling 15,150 shares during the period. Bank of Nova Scotia’s holdings in Church & Dwight were worth $15,782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CHD. Godfrey Financial Associates Inc. bought a new stake in shares of Church & Dwight in the 4th quarter worth approximately $25,000. Elyxium Wealth LLC purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $26,000. DV Equities LLC bought a new stake in Church & Dwight in the 4th quarter worth about $28,000. Field & Main Bank bought a new stake in Church & Dwight in the 4th quarter worth about $29,000. Finally, GW&K Investment Management LLC raised its position in Church & Dwight by 83.0% in the 4th quarter. GW&K Investment Management LLC now owns 344 shares of the company’s stock worth $29,000 after buying an additional 156 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

NYSE CHD opened at $97.71 on Friday. The company has a 50-day moving average price of $96.85 and a 200-day moving average price of $96.11. Church & Dwight Co., Inc. has a 52 week low of $81.33 and a 52 week high of $106.04. The company has a quick ratio of 0.81, a current ratio of 1.22 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $23.15 billion, a P/E ratio of 32.14, a PEG ratio of 3.52 and a beta of 0.47.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. The company 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 firm’s revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 earnings per share. 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. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.74 earnings per share for the current year.

Church & Dwight Dividend Announcement

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

Insider Activity

In other news, EVP Carlos G. Linares sold 10,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $99.71, for a total transaction of $997,100.00. Following the completion of the sale, the executive vice president owned 4,668 shares of the company’s stock, valued at $465,446.28. The trade was a 68.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Penry W. Price sold 5,960 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $94.86, for a total value of $565,365.60. Following the completion of the sale, the director owned 30,070 shares of the company’s stock, valued at $2,852,440.20. This trade represents a 16.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 47,680 shares of company stock worth $4,672,190. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on CHD. Wells Fargo & Company restated an “overweight” rating and set a $110.00 target price (up from $105.00) on shares of Church & Dwight in a research note on Wednesday, July 8th. Evercore set a $105.00 price objective on shares of Church & Dwight in a report on Monday, May 4th. UBS Group increased their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. The Goldman Sachs Group restated a “buy” rating and issued a $111.00 target price on shares of Church & Dwight in a report on Friday, May 29th. Finally, Barclays lifted their target price on shares of Church & Dwight from $79.00 to $86.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus price target of $103.82.

About Church & Dwight

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.