Rene Hemsey Sells 11,060 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) EVP Rene Hemsey sold 11,060 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Church & Dwight Stock Up 0.6 %

Shares of NYSE CHD traded up $0.60 during trading on Thursday, reaching $109.63. The company had a trading volume of 107,172 shares, compared to its average volume of 1,586,245. The business's 50-day moving average is $106.64 and its 200 day moving average is $105.57. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The stock has a market cap of $26.97 billion, a PE ratio of 46.29, a P/E/G ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting analysts' consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the company posted $0.65 earnings per share. As a group, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.08%. Church & Dwight's dividend payout ratio is 49.79%.

Analysts Set New Price Targets

A number of research firms recently weighed in on CHD. Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. Barclays raised their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research note on Tuesday, February 4th. Piper Sandler decreased their target price on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Truist Financial lifted their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $111.56.

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Institutional Trading of Church & Dwight

A number of institutional investors and hedge funds have recently modified their holdings of the business. YANKCOM Partnership purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $25,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight during the 3rd quarter valued at about $28,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after acquiring an additional 184 shares during the period. Strategic Financial Concepts LLC purchased a new stake in Church & Dwight in the fourth quarter worth approximately $39,000. Finally, Bernard Wealth Management Corp. bought a new stake in Church & Dwight in the 4th quarter worth approximately $40,000. Institutional investors own 86.60% of the company's stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.

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