Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 38.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 60,941 shares of the company's stock after purchasing an additional 16,842 shares during the quarter. Pacer Advisors Inc.'s holdings in Church & Dwight were worth $6,382,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Massachusetts Financial Services Co. MA boosted its stake in Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock worth $839,472,000 after acquiring an additional 429,863 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Church & Dwight by 7.1% in the third quarter. Intech Investment Management LLC now owns 152,888 shares of the company's stock worth $16,010,000 after purchasing an additional 10,197 shares in the last quarter. Citizens Financial Group Inc. RI grew its position in Church & Dwight by 2.1% in the third quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company's stock valued at $577,000 after purchasing an additional 113 shares in the last quarter. Moors & Cabot Inc. bought a new stake in Church & Dwight during the third quarter worth about $329,000. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Church & Dwight by 42.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 58,574 shares of the company's stock valued at $6,134,000 after buying an additional 17,338 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Price Performance

NYSE CHD traded down $0.89 during trading hours on Monday, hitting $111.01. 930,978 shares of the company's stock traded hands, compared to its average volume of 1,394,878. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm's 50-day moving average is $104.17 and its 200-day moving average is $104.20. The company has a market capitalization of $27.20 billion, a PE ratio of 49.86, a PEG ratio of 4.09 and a beta of 0.55. Church & Dwight Co., Inc. has a 52-week low of $90.26 and a 52-week high of $113.50.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.74 earnings per share. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.02%. Church & Dwight's dividend payout ratio (DPR) is presently 50.67%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CHD shares. Truist Financial lowered their price objective on Church & Dwight from $115.00 to $110.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Stifel Nicolaus cut their price target on Church & Dwight from $107.00 to $105.00 and set a "hold" rating on the stock in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Morgan Stanley lowered Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target on the stock. in a research note on Monday, September 9th. Finally, Barclays dropped their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and a consensus price target of $108.53.

Insiders Place Their Bets

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the transaction, the executive vice president now directly owns 10,325 shares of the company's stock, valued at approximately $1,158,361.75. The trade was a 81.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Matthew Farrell sold 300,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total value of $31,152,000.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company's stock, valued at approximately $11,704,740.96. This trade represents a 72.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 535,733 shares of company stock valued at $55,920,470. 2.00% of the stock is owned by company insiders.

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.