Insider Selling: Church & Dwight Co., Inc. (NYSE:CHD) CEO Sells 165,823 Shares of Stock

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) CEO Matthew Farrell sold 165,823 shares of the firm'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 transaction, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at approximately $11,613,438.57. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Church & Dwight Stock Up 1.1 %

Shares of NYSE:CHD traded up $1.17 on Tuesday, reaching $104.13. The company had a trading volume of 1,587,020 shares, compared to its average volume of 1,378,360. The firm's 50 day simple moving average is $102.98 and its 200-day simple moving average is $104.03. Church & Dwight Co., Inc. has a 52-week low of $86.23 and a 52-week high of $110.31. 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 capitalization of $25.49 billion, a PE ratio of 46.70, a PEG ratio of 3.87 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its 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. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.74 earnings per share. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. Church & Dwight's dividend payout ratio (DPR) is 50.67%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday. Evercore ISI decreased their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating for the company in a report on Monday, August 5th. Truist Financial lowered their price objective on Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Barclays dropped their price objective on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research report on Tuesday. Finally, Morgan Stanley cut shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 target price on the stock. in a research note on Monday, September 9th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Church & Dwight has an average rating of "Hold" and a consensus price target of $108.05.

Institutional Trading of Church & Dwight

Several institutional investors have recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP purchased a new position in Church & Dwight during the 3rd quarter worth $27,000. Crewe Advisors LLC purchased a new stake in Church & Dwight in the 1st quarter worth approximately $28,000. Ashton Thomas Securities LLC acquired a new position in shares of Church & Dwight during the 3rd quarter valued at about $28,000. Rothschild Investment LLC purchased a new position in shares of Church & Dwight in the 2nd quarter worth $31,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight in the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 86.60% of the company's stock.

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.