Fiduciary Trust Co Sells 12,101 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Fiduciary Trust Co trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 308,849 shares of the company's stock after selling 12,101 shares during the period. Fiduciary Trust Co owned about 0.13% of Church & Dwight worth $32,343,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CHD. Empowered Funds LLC raised its stake in shares of Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company's stock valued at $382,000 after acquiring an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company's stock valued at $3,358,000 after purchasing an additional 104 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in Church & Dwight by 3.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company's stock worth $353,000 after buying an additional 107 shares during the period. Citizens Financial Group Inc. RI grew its position in shares of Church & Dwight by 2.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock worth $577,000 after buying an additional 113 shares during the last quarter. Finally, Elk River Wealth Management LLC increased its stake in shares of Church & Dwight by 0.3% during the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company's stock valued at $3,595,000 after buying an additional 114 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

Shares of NYSE:CHD traded down $0.02 during midday trading on Thursday, reaching $110.36. 1,053,981 shares of the company's stock traded hands, compared to its average volume of 1,844,650. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $113.50. The stock has a 50 day moving average of $104.56 and a 200 day moving average of $104.29. The company has a market cap of $27.04 billion, a price-to-earnings ratio of 49.48, a P/E/G ratio of 4.04 and a beta of 0.55. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the prior year, the business earned $0.74 EPS. The business's revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, November 15th. Church & Dwight's dividend payout ratio (DPR) is presently 50.67%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the business's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the sale, the executive vice president now directly owns 10,325 shares of the company's stock, valued at approximately $1,158,361.75. The trade was a 81.38 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 543,513 shares of company stock valued at $56,795,253. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CHD has been the topic of a number of research analyst reports. Evercore ISI reduced their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating on the stock in a research report on Monday, August 5th. Barclays lowered their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. JPMorgan Chase & Co. upped their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a report on Monday, November 4th. Morgan Stanley cut Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 target price for the company. in a research note on Monday, September 9th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $108.53.

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.