Representative Jonathan L. Jackson (D-Illinois) recently bought shares of Church & Dwight Co., Inc. NYSE: CHD. In a filing disclosed on December 12th, the Representative disclosed that they had bought between $15,001 and $50,000 in Church & Dwight stock on November 13th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.
Representative Jonathan L. Jackson also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 11/27/2024.
- Sold $15,001 - $50,000 in shares of Applied Materials NASDAQ: AMAT on 11/27/2024.
- Sold $15,001 - $50,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 11/13/2024.
- Sold $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 11/1/2024.
- Purchased $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 10/28/2024.
- Sold $15,001 - $50,000 in shares of ASML NASDAQ: ASML on 10/28/2024.
- Purchased $15,001 - $50,000 in shares of General Dynamics NYSE: GD on 9/24/2024.
- Sold $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 9/24/2024.
- Purchased $15,001 - $50,000 in shares of Aramark NYSE: ARMK on 9/19/2024.
- Sold $15,001 - $50,000 in shares of AES NYSE: AES on 9/19/2024.
Church & Dwight Price Performance
Shares of NYSE:CHD traded up $0.23 during midday trading on Friday, reaching $105.64. The company's stock had a trading volume of 926,996 shares, compared to its average volume of 1,481,044. The business's fifty day simple moving average is $105.77 and its 200-day simple moving average is $104.42. The company has a market capitalization of $25.88 billion, a P/E ratio of 47.37, a P/E/G ratio of 3.86 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. Church & Dwight Co., Inc. has a fifty-two week low of $90.26 and a fifty-two week high of $113.50.
Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for 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%. Church & Dwight's quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.74 earnings per share. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.
Church & Dwight Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a $0.2838 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight's payout ratio is 50.67%.
Insider Transactions at Church & Dwight
In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the transaction, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction 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 completion of the sale, the chief accounting officer now owns 400 shares in the company, valued at $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 583,035 shares of company stock valued at $61,221,708 over the last three months. Company insiders own 2.00% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Wells Fargo & Company boosted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. TD Cowen raised their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Morgan Stanley downgraded shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price target for the company. in a research note on Monday, September 9th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a research note on Monday, November 4th. Two 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. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $109.56.
Read Our Latest Stock Analysis on Church & Dwight
Institutional Trading of Church & Dwight
Hedge funds have recently bought and sold shares of the stock. Oddo BHF Asset Management Sas bought a new stake in shares of Church & Dwight during the third quarter worth $5,934,000. Franklin Resources Inc. increased its holdings in Church & Dwight by 0.8% during the 3rd quarter. Franklin Resources Inc. now owns 520,744 shares of the company's stock worth $53,720,000 after purchasing an additional 4,091 shares in the last quarter. Peapack Gladstone Financial Corp increased its holdings in Church & Dwight by 0.7% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 69,783 shares of the company's stock worth $7,307,000 after purchasing an additional 488 shares in the last quarter. Synovus Financial Corp raised its stake in shares of Church & Dwight by 6.7% in the 3rd quarter. Synovus Financial Corp now owns 19,556 shares of the company's stock valued at $2,048,000 after purchasing an additional 1,221 shares during the period. Finally, Tidal Investments LLC lifted its holdings in shares of Church & Dwight by 5.2% in the third quarter. Tidal Investments LLC now owns 18,000 shares of the company's stock valued at $1,885,000 after purchasing an additional 896 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.
About Representative Jackson
Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. Jackson assumed office on January 3, 2023. Jackson's current term ends on January 3, 2025. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. Jackson declared candidacy for the 2024 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.
About Church & Dwight
(
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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.
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