Fiduciary Family Office LLC Buys New Shares in Church & Dwight Co., Inc. (NYSE:CHD)

Fiduciary Family Office LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,272 shares of the company's stock, valued at approximately $657,000.

Other institutional investors have also made changes to their positions in the company. Millennium Management LLC grew its holdings in shares of Church & Dwight by 1,617.3% in the 2nd quarter. Millennium Management LLC now owns 1,292,854 shares of the company's stock worth $134,043,000 after purchasing an additional 1,217,568 shares during the last quarter. Marshall Wace LLP grew its stake in Church & Dwight by 4,161.5% during the second quarter. Marshall Wace LLP now owns 1,100,410 shares of the company's stock worth $114,091,000 after buying an additional 1,074,588 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of Church & Dwight in the 1st quarter worth approximately $69,384,000. Assenagon Asset Management S.A. increased its holdings in Church & Dwight by 394.9% during 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 raised its position in Church & Dwight by 5.5% in 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 purchasing an additional 175,221 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, 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 value of $1,203,505.60. Following the sale, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Matthew Farrell sold 165,823 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the transaction, the chief executive officer now owns 112,719 shares of the company's stock, valued at approximately $11,613,438.57. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.40% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CHD shares. JPMorgan Chase & Co. lifted their price target on Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a report on Monday. Piper Sandler initiated coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 price objective for the company. Barclays dropped their price objective on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research note on Tuesday. Evercore ISI dropped their price target on Church & Dwight from $110.00 to $101.00 and set an "in-line" rating on the stock in a research report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight has a consensus rating of "Hold" and a consensus target price of $108.05.

Church & Dwight Stock Performance

NYSE CHD traded up $1.18 on Tuesday, hitting $104.14. 1,582,387 shares of the stock traded hands, compared to its average volume of 1,378,339. Church & Dwight Co., Inc. has a 12 month low of $86.23 and a 12 month 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 business's fifty day moving average is $102.92 and its two-hundred day moving average is $104.03. The firm has a market capitalization of $25.50 billion, a price-to-earnings ratio of 46.48, a PEG ratio of 3.87 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm earned $0.74 earnings per share. The company's revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a $0.2838 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight's dividend payout ratio is currently 50.67%.

Church & Dwight 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.