Charles Schwab Investment Management Inc. increased its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,399,502 shares of the company's stock after buying an additional 16,257 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.57% of Church & Dwight worth $146,556,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CHD. Capital Performance Advisors LLP bought a new position in Church & Dwight during the third quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight during the 3rd quarter worth approximately $28,000. Rothschild Investment LLC bought a new position in Church & Dwight during the second quarter worth $31,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Church & Dwight in the second quarter valued at about $33,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight during the 2nd quarter worth about $38,000. 86.60% of the stock is owned by institutional investors.
Church & Dwight Price Performance
CHD stock traded down $1.49 during trading on Monday, reaching $110.41. 2,535,238 shares of the company were exchanged, compared to its average volume of 1,395,465. The company has a market capitalization of $27.05 billion, a price-to-earnings ratio of 49.86, a P/E/G ratio of 4.09 and a beta of 0.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The company has a 50-day moving average of $104.17 and a two-hundred day moving average of $104.20. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50.
Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the business earned $0.74 earnings per share. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.
Church & Dwight Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, November 15th. Church & Dwight's payout ratio is presently 50.67%.
Insider Buying and Selling at Church & Dwight
In other news, Director Bradley C. Irwin sold 13,200 shares of the firm's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the sale, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company's stock, valued at $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 535,733 shares of company stock worth $55,920,470. Insiders own 2.00% of the company's stock.
Analyst Ratings Changes
Several research analysts have weighed in on CHD shares. Evercore ISI lowered their price target on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating on the stock in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price target on Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. TD Cowen boosted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Finally, Truist Financial lowered their price target on shares of Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and a consensus target price of $108.53.
Check Out Our Latest Stock Report on Church & Dwight
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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