Sustainable Insight Capital Management LLC Grows Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Sustainable Insight Capital Management LLC raised its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 324.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,300 shares of the company's stock after purchasing an additional 9,400 shares during the period. Sustainable Insight Capital Management LLC's holdings in Church & Dwight were worth $1,288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in shares of Church & Dwight in the third quarter worth approximately $27,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the 1st quarter worth approximately $28,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight in the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight in the 2nd quarter valued at $33,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight during the second quarter worth $38,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In related news, Director Arthur B. Winkleblack sold 11,590 shares of the company's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now owns 7,129 shares in the company, valued at approximately $740,275.36. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the business's stock in a transaction 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. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 477,413 shares of company stock worth $49,440,249 over the last three months. 2.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CHD. JPMorgan Chase & Co. increased their price target on Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a report on Monday, November 4th. Stifel Nicolaus decreased their target price on Church & Dwight from $107.00 to $105.00 and set a "hold" rating for the company in a research note 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. Evercore ISI reduced 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 research report on Monday, August 5th. Finally, Piper Sandler assumed coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 price objective for the company. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and an average price target of $108.05.

Church & Dwight Stock Up 2.4 %

NYSE:CHD traded up $2.54 during trading hours on Friday, hitting $106.45. 1,421,550 shares of the company traded hands, compared to its average volume of 1,545,885. Church & Dwight Co., Inc. has a one year low of $88.46 and a one 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 company has a market cap of $26.08 billion, a PE ratio of 47.74, a PEG ratio of 3.89 and a beta of 0.55. The firm's 50-day simple moving average is $103.16 and its 200-day simple moving average is $104.01.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business 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 firm posted $0.74 EPS. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. Equities analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Church & Dwight Company Profile

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.