Jacobson & Schmitt Advisors LLC Sells 17,844 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Jacobson & Schmitt Advisors LLC lowered its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 20.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,950 shares of the company's stock after selling 17,844 shares during the period. Jacobson & Schmitt Advisors LLC's holdings in Church & Dwight were worth $7,430,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Crewe Advisors LLC purchased a new position in Church & Dwight in the 1st quarter worth about $28,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight in the second quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight in the second quarter worth approximately $33,000. Kimelman & Baird LLC acquired a new stake in shares of Church & Dwight during the second quarter valued at approximately $46,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of Church & Dwight in the 2nd quarter valued at approximately $50,000. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares of the company's stock, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.00% of the company's stock.

Church & Dwight Stock Performance

Church & Dwight stock traded up $4.84 on Friday, reaching $104.75. 2,951,890 shares of the stock were exchanged, compared to its average volume of 1,372,522. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $110.31. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The stock has a market cap of $25.64 billion, a PE ratio of 32.23, a PEG ratio of 3.71 and a beta of 0.54. The firm has a fifty day moving average price of $102.89 and a two-hundred day moving average price of $104.02.

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

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight's dividend payout ratio (DPR) is presently 34.77%.

Analysts Set New Price Targets

Several research firms have weighed in on CHD. Wells Fargo & Company cut their target price on shares of Church & Dwight from $116.00 to $108.00 and set an "overweight" rating on the stock in a research note on Monday, August 5th. Stifel Nicolaus dropped their price target on Church & Dwight from $107.00 to $105.00 and set a "hold" rating on the stock in a research report on Monday, August 5th. TD Cowen assumed coverage on Church & Dwight in a research note on Tuesday, July 23rd. They set a "buy" rating and a $116.00 target price on the stock. Truist Financial dropped their target price on Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a report on Monday, August 5th. Finally, Evercore ISI decreased their price target on shares of Church & Dwight from $110.00 to $101.00 and set an "in-line" rating for the company in a report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $107.50.

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.