Church & Dwight Co., Inc. (NYSE:CHD) Director Sells $1,203,505.60 in Stock

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the transaction, the director now owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Church & Dwight Stock Up 1.1 %

Shares of CHD traded up $1.17 during mid-day trading on Tuesday, reaching $104.13. The company had a trading volume of 1,587,020 shares, compared to its average volume of 1,378,360. The company has a market capitalization of $25.49 billion, a price-to-earnings ratio of 46.70, a price-to-earnings-growth ratio of 3.87 and a beta of 0.55. Church & Dwight Co., Inc. has a 52 week low of $86.23 and a 52 week high of $110.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The firm has a 50-day moving average price of $102.98 and a 200 day moving average price of $104.03.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the firm earned $0.74 EPS. The firm's revenue was up 3.8% compared to the same quarter last year. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Friday, November 15th. Church & Dwight's payout ratio is currently 50.67%.

Analysts Set New Price Targets

Several research firms have weighed in on CHD. Piper Sandler began coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 target price on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Monday. 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 research note on Monday. Stifel Nicolaus dropped their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a "hold" rating on the stock in a report on Monday, August 5th. Finally, Evercore ISI reduced their target price on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating for the company in a research note on Monday, August 5th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $108.05.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CHD. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Church & Dwight by 13.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company's stock valued at $35,755,000 after acquiring an additional 39,695 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Church & Dwight by 12.8% in the 1st quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company's stock valued at $21,798,000 after buying an additional 23,754 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Church & Dwight by 74.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company's stock valued at $7,032,000 after buying an additional 28,986 shares during the period. Mizuho Markets Americas LLC boosted its position in Church & Dwight by 117.1% in the 1st quarter. Mizuho Markets Americas LLC now owns 107,206 shares of the company's stock worth $11,183,000 after purchasing an additional 57,817 shares in the last quarter. Finally, Tidal Investments LLC boosted its position in Church & Dwight by 160.1% in the 1st quarter. Tidal Investments LLC now owns 23,530 shares of the company's stock worth $2,454,000 after purchasing an additional 14,483 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

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.