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Church & Dwight Co., Inc. (NYSE:CHD) Stake Raised by APG Asset Management N.V.

Church & Dwight logo with Consumer Staples background

APG Asset Management N.V. boosted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 503,323 shares of the company's stock after purchasing an additional 31,000 shares during the period. APG Asset Management N.V. owned about 0.21% of Church & Dwight worth $48,691,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the business. Texas Yale Capital Corp. increased its holdings in Church & Dwight by 1.0% in the first quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company's stock valued at $1,106,000 after buying an additional 100 shares in the last quarter. Garner Asset Management Corp grew its holdings in Church & Dwight by 5.1% in the first quarter. Garner Asset Management Corp now owns 2,058 shares of the company's stock valued at $215,000 after purchasing an additional 100 shares during the last quarter. Elk River Wealth Management LLC increased its holdings in Church & Dwight by 0.3% during the 2nd quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company's stock valued at $3,595,000 after acquiring an additional 114 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of Church & Dwight by 2.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company's stock valued at $516,000 after purchasing an additional 117 shares in the last quarter. Finally, Sovereign Financial Group Inc. grew its position in shares of Church & Dwight by 0.7% in the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company's stock valued at $1,819,000 after purchasing an additional 120 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Trading Up 0.8 %

CHD stock traded up $0.81 during midday trading on Friday, reaching $103.72. 62,113 shares of the company's stock traded hands, compared to its average volume of 1,367,885. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31. The business has a 50-day moving average price of $102.06 and a two-hundred day moving average price of $104.21. The company has a market capitalization of $25.39 billion, a P/E ratio of 32.67, a PEG ratio of 3.81 and a beta of 0.54. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The firm's revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 EPS. Equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Thursday, August 15th. Church & Dwight's dividend payout ratio is currently 35.87%.

Insider Buying and Selling

In related news, EVP Barry A. Bruno sold 59,328 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the sale, the executive vice president now owns 4,319 shares in the company, valued at $429,179.03. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CHD shares. Argus upped their target price on Church & Dwight from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Tuesday, June 11th. Piper Sandler started coverage on shares of Church & Dwight in a report on Tuesday. They issued an "overweight" rating and a $120.00 target price on the stock. Stifel Nicolaus lowered their price target on shares of Church & Dwight from $107.00 to $105.00 and set a "hold" rating for the company in a report on Monday, August 5th. BNP Paribas assumed coverage on shares of Church & Dwight in a research note on Monday, June 24th. They set a "neutral" rating and a $114.00 price objective on the stock. Finally, JPMorgan Chase & Co. lowered their target price on shares of Church & Dwight from $101.00 to $97.00 and set an "underweight" rating for the company in a research note on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $107.25.

Get Our Latest Research Report on Church & Dwight

About Church & Dwight

(Free Report)

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.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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