Carderock Capital Management Inc. Has $5.71 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Carderock Capital Management Inc. reduced its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,530 shares of the company's stock after selling 2,979 shares during the quarter. Carderock Capital Management Inc.'s holdings in Church & Dwight were worth $5,710,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Empowered Funds LLC lifted 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 purchasing an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock valued at $3,358,000 after buying an additional 104 shares during the period. HCR Wealth Advisors lifted its position in shares of Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after buying an additional 106 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake 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. Finally, Citizens Financial Group Inc. RI increased its holdings in shares of Church & Dwight by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock worth $577,000 after acquiring an additional 113 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a research report on Thursday. Barclays raised their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an "underweight" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Finally, TD Cowen upped their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $110.61.

Insiders Place Their Bets

In related news, CEO Matthew Farrell sold 300,000 shares of Church & Dwight stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,704,740.96. This trade represents a 72.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michael Read purchased 1,100 shares of the firm's stock in a transaction on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 593,035 shares of company stock valued at $62,282,808. 1.40% of the stock is currently owned by insiders.

Church & Dwight Price Performance

Shares of CHD stock traded up $0.15 during trading hours on Friday, reaching $106.42. The company's stock had a trading volume of 1,712,775 shares, compared to its average volume of 1,135,106. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The company has a market capitalization of $26.07 billion, a price-to-earnings ratio of 47.72, a PEG ratio of 3.12 and a beta of 0.58. The firm's 50 day simple moving average is $106.86 and its 200-day simple moving average is $104.06.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates 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 was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.74 earnings per share. Sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight's dividend payout ratio is currently 50.67%.

About Church & Dwight

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.