Stephens Inc. AR boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,619 shares of the company’s stock after acquiring an additional 716 shares during the period. Stephens Inc. AR’s holdings in Church & Dwight were worth $1,761,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in CHD. Chilton Capital Management LLC boosted its holdings in shares of Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares in the last quarter. Annapolis Financial Services LLC boosted its holdings in shares of Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after buying an additional 334 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Church & Dwight by 383.8% during the 4th quarter. Jones Financial Companies Lllp now owns 387 shares of the company’s stock valued at $37,000 after buying an additional 307 shares in the last quarter. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Church & Dwight during the 4th quarter valued at $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of Church & Dwight by 74.7% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after buying an additional 293 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Stock Down 0.5 %
Shares of CHD opened at $107.38 on Friday. The stock has a market capitalization of $26.26 billion, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 3.50 and a beta of 0.51. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $108.68. The business’s 50 day simple moving average is $105.47 and its 200-day simple moving average is $100.62. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the prior year, the firm earned $0.85 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were issued a dividend of $0.2838 per share. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.06%. Church & Dwight’s payout ratio is presently 35.87%.
Insider Activity at Church & Dwight
In related news, Director Robert K. Shearer sold 13,200 shares of the stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the sale, the director now owns 29,108 shares in the company, valued at approximately $3,095,926.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,703,613.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert K. Shearer sold 13,200 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $106.36, for a total value of $1,403,952.00. Following the sale, the director now owns 29,108 shares in the company, valued at approximately $3,095,926.88. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 335,968 shares of company stock worth $35,020,500. Company insiders own 2.00% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Oppenheimer lifted their price target on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 23rd. Evercore ISI boosted their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. The Goldman Sachs Group began coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price target for the company. Finally, HSBC upped their price target on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $105.56.
Read Our Latest Stock Analysis on CHD
About Church & Dwight
(Free Report)
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.
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