Church & Dwight Co., Inc. (NYSE:CHD) Position Lifted by S&CO Inc.

S&CO Inc. increased its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 652,621 shares of the company's stock after purchasing an additional 4,705 shares during the quarter. Church & Dwight accounts for 4.5% of S&CO Inc.'s portfolio, making the stock its 2nd largest position. S&CO Inc. owned about 0.27% of Church & Dwight worth $68,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CHD. Amalgamated Bank lifted its stake in shares of Church & Dwight by 0.8% in the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company's stock worth $5,242,000 after purchasing an additional 394 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in shares of Church & Dwight by 13.1% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company's stock worth $35,755,000 after acquiring an additional 39,695 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Church & Dwight by 74.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company's stock valued at $7,032,000 after acquiring an additional 28,986 shares during the period. Tidal Investments LLC grew its position in shares of Church & Dwight by 160.1% during the 1st quarter. Tidal Investments LLC now owns 23,530 shares of the company's stock valued at $2,454,000 after acquiring an additional 14,483 shares during the period. Finally, Natixis increased its stake in shares of Church & Dwight by 434.9% in the 1st quarter. Natixis now owns 26,121 shares of the company's stock worth $2,725,000 after purchasing an additional 21,238 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Church & Dwight

In other Church & Dwight news, Director Bradley C. Irwin sold 13,200 shares of the firm's stock in a transaction dated Tuesday, November 12th. The shares were 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 owns 37,169 shares of the company's stock, valued at $3,993,437.36. This trade represents a 26.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the business's stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the transaction, the chief executive officer now owns 112,719 shares of the company's stock, valued at $11,613,438.57. This trade represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 490,613 shares of company stock worth $50,858,457. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Price Performance

CHD traded up $1.42 during trading hours on Friday, hitting $109.02. The company's stock had a trading volume of 1,951,803 shares, compared to its average volume of 1,613,888. The stock has a market cap of $26.71 billion, a price-to-earnings ratio of 48.89, a P/E/G ratio of 3.99 and a beta of 0.55. The business's 50-day moving average price is $103.48 and its 200-day moving average price is $104.02. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a 12 month low of $90.26 and a 12 month high of $110.31.

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

Church & Dwight Dividend Announcement

The business also recently disclosed 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. This represents a $1.14 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, November 15th. Church & Dwight's payout ratio is 50.67%.

Analyst Ratings Changes

A number of analysts have commented on CHD shares. Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target for the company. in a research report on Monday, September 9th. Stifel Nicolaus reduced their target price on shares of Church & Dwight from $107.00 to $105.00 and set a "hold" rating for the company in a report on Monday, August 5th. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a report on Monday, November 4th. Wells Fargo & Company increased their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Finally, TD Cowen lifted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $108.53.

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.