Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Geneva Capital Management LLC

Geneva Capital Management LLC lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 288,854 shares of the company's stock after buying an additional 7,266 shares during the period. Geneva Capital Management LLC owned approximately 0.12% of Church & Dwight worth $30,249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Millennium Management LLC raised its holdings in shares of Church & Dwight by 1,617.3% in the second quarter. Millennium Management LLC now owns 1,292,854 shares of the company's stock valued at $134,043,000 after buying an additional 1,217,568 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Church & Dwight by 4,161.5% in the 2nd quarter. Marshall Wace LLP now owns 1,100,410 shares of the company's stock valued at $114,091,000 after purchasing an additional 1,074,588 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of Church & Dwight in the first quarter valued at approximately $69,384,000. Assenagon Asset Management S.A. raised its stake in shares of Church & Dwight by 394.9% during the third quarter. Assenagon Asset Management S.A. now owns 335,624 shares of the company's stock worth $35,147,000 after purchasing an additional 267,801 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Church & Dwight by 5.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company's stock worth $351,668,000 after purchasing an additional 175,221 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Morgan Stanley downgraded 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 report on Monday, September 9th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a report on Monday, November 4th. Truist Financial lowered their price target on Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a report on Monday, August 5th. Barclays reduced their price objective on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. Finally, Evercore ISI lowered their target price on Church & Dwight from $110.00 to $101.00 and set an "in-line" rating on the stock in a report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $108.05.

Church & Dwight Trading Down 0.3 %

Shares of CHD stock traded down $0.31 during trading hours on Wednesday, hitting $107.68. 332,113 shares of the company were exchanged, compared to its average volume of 1,383,324. The firm has a market cap of $26.38 billion, a PE ratio of 48.25, a PEG ratio of 3.95 and a beta of 0.55. Church & Dwight Co., Inc. has a 1 year low of $90.26 and a 1 year high of $110.31. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The firm has a fifty day moving average of $103.34 and a 200 day moving average of $104.00.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping 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 net margin of 9.08% and a return on equity of 19.90%. The company's revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.74 EPS. Analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.05%. Church & Dwight's payout ratio is 50.67%.

Insider Activity at Church & Dwight

In related news, Director Bradley C. Irwin sold 13,200 shares of the firm's stock in a transaction that occurred on 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 transaction, the director now owns 37,169 shares in the company, valued at approximately $3,993,437.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CEO Matthew Farrell sold 165,823 shares of the firm'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 transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bradley C. Irwin sold 13,200 shares of the firm's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the sale, the director now directly owns 37,169 shares of the company's stock, valued at $3,993,437.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 490,613 shares of company stock worth $50,858,457. Company insiders own 2.00% 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.