Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 216,929 shares of the company's stock after selling 7,550 shares during the period. New York State Teachers Retirement System owned approximately 0.09% of Church & Dwight worth $22,717,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CHD. CANADA LIFE ASSURANCE Co increased its position in Church & Dwight by 13.1% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company's stock worth $35,755,000 after purchasing an additional 39,695 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in 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 purchasing an additional 23,754 shares in the last quarter. Assenagon Asset Management S.A. raised its position in Church & Dwight by 74.6% in the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company's stock valued at $7,032,000 after purchasing an additional 28,986 shares during the period. Mizuho Markets Americas LLC lifted its stake in shares of Church & Dwight by 117.1% during the first 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 shares of Church & Dwight by 160.1% in the first quarter. Tidal Investments LLC now owns 23,530 shares of the company's stock worth $2,454,000 after buying an additional 14,483 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm's stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the sale, the executive vice president now owns 4,319 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Performance

CHD traded up $4.84 on Friday, hitting $104.75. 2,960,153 shares of the company's stock were exchanged, compared to its average volume of 1,247,704. 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 fifty day moving average of $102.89 and a two-hundred day moving average of $104.03. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $110.31. The firm has a market cap of $25.64 billion, a PE ratio of 32.23, a P/E/G ratio of 3.69 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.50 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business's quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.74 EPS. On average, research analysts anticipate that Church & Dwight Co., Inc. will post 3.43 earnings per share 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 $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.08%. Church & Dwight's dividend payout ratio is presently 34.77%.

Wall Street Analysts Forecast Growth

CHD has been the topic of several analyst reports. Morgan Stanley downgraded Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 target price on the stock. in a report on Monday, September 9th. Truist Financial reduced their target price on shares of Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Barclays raised their price target on shares of Church & Dwight from $82.00 to $86.00 and gave the company an "underweight" rating in a report on Friday, October 11th. Stifel Nicolaus dropped their price target on shares of Church & Dwight from $107.00 to $105.00 and set a "hold" rating on the stock in a research note on Monday, August 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $97.00 to $98.00 and gave the company an "underweight" rating in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and an average price target 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.