Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 25.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,222 shares of the company's stock after acquiring an additional 6,509 shares during the quarter. Quantinno Capital Management LP's holdings in Church & Dwight were worth $3,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Amalgamated Bank raised its holdings in Church & Dwight by 0.8% during the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company's stock valued at $5,242,000 after buying an additional 394 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Church & Dwight by 74.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company's stock worth $7,032,000 after acquiring an additional 28,986 shares during the last quarter. Addenda Capital Inc. boosted its stake in shares of Church & Dwight by 12.7% during the 2nd quarter. Addenda Capital Inc. now owns 56,723 shares of the company's stock worth $5,881,000 after purchasing an additional 6,389 shares during the period. Hsbc Holdings PLC raised its position in Church & Dwight by 12.4% in the 2nd quarter. Hsbc Holdings PLC now owns 803,588 shares of the company's stock worth $83,249,000 after purchasing an additional 88,580 shares during the period. Finally, Citigroup Inc. lifted its stake in Church & Dwight by 9.1% in the third quarter. Citigroup Inc. now owns 337,738 shares of the company's stock worth $35,368,000 after purchasing an additional 28,129 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CHD has been the topic of several recent analyst reports. Wells Fargo & Company increased their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Barclays lowered their target price on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an "underweight" rating in a research note on Monday, November 4th. Finally, Piper Sandler initiated coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $108.53.

Church & Dwight Stock Performance

Church & Dwight stock traded up $1.41 during trading hours on Tuesday, hitting $107.30. 903,743 shares of the stock traded hands, compared to its average volume of 1,399,641. Church & Dwight Co., Inc. has a 1 year low of $90.26 and a 1 year high of $113.50. The stock has a market capitalization of $26.29 billion, a price-to-earnings ratio of 47.49, a P/E/G ratio of 3.92 and a beta of 0.57. 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 price is $105.50 and its 200-day moving average price is $104.40.

Church & Dwight (NYSE:CHD - Get Free Report) last announced 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 during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the business posted $0.74 EPS. The business's quarterly revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. Church & Dwight's payout ratio is 50.67%.

Insider Activity at Church & Dwight

In related news, CAO Joseph James Longo sold 7,780 shares of the business's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % 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 the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This trade represents a 61.92 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 583,033 shares of company stock worth $61,221,493. 1.40% of the stock is owned by corporate 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.