Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Bath Savings Trust Co

Bath Savings Trust Co lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 199,702 shares of the company's stock after selling 13,415 shares during the quarter. Church & Dwight accounts for about 2.1% of Bath Savings Trust Co's holdings, making the stock its 12th biggest position. Bath Savings Trust Co owned approximately 0.08% of Church & Dwight worth $20,911,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its stake in Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock valued at $382,000 after buying an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock worth $3,358,000 after acquiring an additional 104 shares during the period. Kingsview Wealth Management LLC lifted its holdings in shares of Church & Dwight by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after acquiring an additional 107 shares during the period. Citizens Financial Group Inc. RI lifted its holdings in Church & Dwight by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock valued at $577,000 after purchasing an additional 113 shares during the last quarter. Finally, Gateway Advisory LLC lifted its holdings in Church & Dwight by 4.4% during the 2nd quarter. Gateway Advisory LLC now owns 2,855 shares of the company's stock valued at $296,000 after purchasing an additional 120 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Barclays lowered their price target on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a research report on Monday, November 4th. TD Cowen boosted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Finally, Morgan Stanley downgraded shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $110.00.

Church & Dwight Stock Performance

Shares of CHD stock traded up $1.16 during mid-day trading on Tuesday, reaching $102.83. The stock had a trading volume of 1,658,512 shares, compared to its average volume of 1,374,803. The business's fifty day moving average is $106.73 and its 200-day moving average is $104.15. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $25.19 billion, a price-to-earnings ratio of 46.11, a PEG ratio of 3.86 and a beta of 0.58. Church & Dwight Co., Inc. has a 1-year low of $93.45 and a 1-year high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. Church & Dwight's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.74 earnings per share. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. Church & Dwight's dividend payout ratio is currently 50.67%.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the company's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at $11,613,438.57. This represents a 59.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 593,035 shares of company stock worth $62,282,808 over the last ninety days. Company insiders own 1.40% of the company's stock.

Church & Dwight Profile

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.