Robeco Institutional Asset Management B.V. Has $113.99 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Robeco Institutional Asset Management B.V. trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,088,526 shares of the company's stock after selling 31,246 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.44% of Church & Dwight worth $113,990,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. Millennium Management LLC lifted its holdings in Church & Dwight by 1,617.3% in the 2nd quarter. Millennium Management LLC now owns 1,292,854 shares of the company's stock valued at $134,043,000 after purchasing an additional 1,217,568 shares in the last quarter. Marshall Wace LLP lifted its holdings in Church & Dwight by 4,161.5% in the 2nd quarter. Marshall Wace LLP now owns 1,100,410 shares of the company's stock valued at $114,091,000 after purchasing an additional 1,074,588 shares in the last quarter. Capital Research Global Investors purchased a new position in Church & Dwight in the 1st quarter valued at about $69,384,000. Assenagon Asset Management S.A. lifted its holdings in Church & Dwight by 394.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 335,624 shares of the company's stock valued at $35,147,000 after purchasing an additional 267,801 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Church & Dwight by 5.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company's stock valued at $351,668,000 after acquiring an additional 175,221 shares during the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CHD shares. Truist Financial dropped their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a "buy" rating for the company in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Monday. Piper Sandler started coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price objective for the company. Evercore ISI dropped 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 report on Monday, August 5th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a research report on Monday. Three 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 company. According to MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and a consensus price target of $108.10.

Church & Dwight Stock Performance

Shares of CHD traded down $1.79 during trading hours on Monday, reaching $102.96. 2,406,189 shares of the company's stock traded hands, compared to its average volume of 1,377,381. The firm has a market capitalization of $25.21 billion, a price-to-earnings ratio of 46.17, a P/E/G ratio of 3.69 and a beta of 0.55. 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 Co., Inc. has a twelve month low of $86.23 and a twelve month high of $110.31. The business's fifty day simple moving average is $102.92 and its two-hundred day simple moving average is $104.03.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company posted $0.74 EPS. Church & Dwight's revenue for the quarter was up 3.8% on a year-over-year basis. Analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.10%. Church & Dwight's payout ratio is presently 50.67%.

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.