Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Radnor Capital Management LLC

Radnor Capital Management LLC cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,400 shares of the company's stock after selling 7,400 shares during the period. Radnor Capital Management LLC's holdings in Church & Dwight were worth $775,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the third quarter worth $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight in the third quarter valued at approximately $28,000. Versant Capital Management Inc increased its stake in Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after buying an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Church & Dwight during the 2nd quarter worth approximately $33,000. Finally, Kimelman & Baird LLC purchased a new position in Church & Dwight in the 2nd quarter valued at approximately $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the transaction, the chief accounting officer now owns 400 shares of the company's stock, valued at $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the business's 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 sale, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at $11,613,438.57. This represents a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 593,035 shares of company stock worth $62,282,808. 1.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CHD has been the topic of several recent research reports. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Piper Sandler boosted their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an "overweight" rating in a report on Monday, January 6th. Barclays decreased their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $110.44.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded up $2.73 during trading on Thursday, hitting $106.17. 1,662,550 shares of the company were exchanged, compared to its average volume of 1,602,865. The firm has a 50 day moving average price of $106.82 and a 200 day moving average price of $104.03. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The stock has a market capitalization of $26.01 billion, a price-to-earnings ratio of 47.61, a P/E/G ratio of 3.12 and a beta of 0.58. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company's revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.74 earnings per share. On average, equities analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors 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 annualized dividend and a yield of 1.07%. Church & Dwight's payout ratio is currently 50.67%.

Church & Dwight Company 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.