Zacks Investment Management Acquires 7,679 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Zacks Investment Management boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 147,799 shares of the company's stock after purchasing an additional 7,679 shares during the period. Zacks Investment Management owned approximately 0.06% of Church & Dwight worth $15,478,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. boosted its stake in shares of Church & Dwight by 6.7% during the 2nd quarter. QRG Capital Management Inc. now owns 11,466 shares of the company's stock worth $1,189,000 after acquiring an additional 720 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Church & Dwight by 269.3% in the 2nd quarter. SG Americas Securities LLC now owns 75,590 shares of the company's stock valued at $7,837,000 after purchasing an additional 55,123 shares during the period. Czech National Bank increased its stake in Church & Dwight by 7.5% in the 2nd quarter. Czech National Bank now owns 46,597 shares of the company's stock worth $4,831,000 after purchasing an additional 3,246 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Church & Dwight by 63.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,305 shares of the company's stock worth $1,276,000 after buying an additional 4,772 shares during the period. Finally, Wedmont Private Capital lifted its stake in Church & Dwight by 6.3% during the second quarter. Wedmont Private Capital now owns 4,113 shares of the company's stock valued at $428,000 after buying an additional 244 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CHD shares. Wells Fargo & Company boosted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, November 4th. JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a research note on Monday, November 4th. Barclays decreased their target price on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. Morgan Stanley lowered Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target on the stock. in a research report on Monday, September 9th. Finally, Piper Sandler initiated coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $108.53.

Insider Buying and Selling

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the firm's stock in a transaction 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 sale, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This trade represents a 61.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,613,438.57. This trade represents a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 583,033 shares of company stock worth $61,221,493 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Down 1.8 %

NYSE:CHD traded down $1.95 during trading hours on Friday, reaching $107.21. The company's stock had a trading volume of 1,818,915 shares, compared to its average volume of 1,473,946. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $113.50. The business's 50-day moving average is $105.48 and its 200-day moving average is $104.41. 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 market cap of $26.27 billion, a price-to-earnings ratio of 48.08, a price-to-earnings-growth ratio of 3.92 and a beta of 0.57.

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

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. Church & Dwight's payout ratio is presently 50.67%.

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.