Royal London Asset Management Ltd. Has $46.68 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Royal London Asset Management Ltd. boosted its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 445,711 shares of the company's stock after purchasing an additional 4,642 shares during the period. Royal London Asset Management Ltd. owned about 0.18% of Church & Dwight worth $46,675,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the third quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the 3rd quarter valued at approximately $28,000. Rothschild Investment LLC acquired a new stake in shares of Church & Dwight during the 2nd quarter valued at approximately $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight during the 2nd quarter valued at approximately $33,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Church & Dwight during the 2nd quarter valued at approximately $46,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Buying and Selling

In related news, CEO Matthew Farrell sold 165,823 shares of the firm's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at $11,613,438.57. This trade represents a 59.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now owns 7,129 shares of the company's stock, valued at $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 583,033 shares of company stock valued at $61,221,493 over the last ninety days. 2.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CHD shares. JPMorgan Chase & Co. lifted their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the company an "underweight" rating in a research report on Monday, November 4th. Piper Sandler began coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price objective for the company. Deutsche Bank Aktiengesellschaft raised their price objective 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. Morgan Stanley cut shares of Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective for the company. in a research note on Monday, September 9th. Finally, TD Cowen raised their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $108.53.

Church & Dwight Stock Down 1.8 %

NYSE:CHD traded down $2.00 during mid-day trading on Friday, reaching $107.16. The stock had a trading volume of 1,818,915 shares, compared to its average volume of 1,401,509. The business's 50 day moving average is $105.42 and its 200 day moving average is $104.44. Church & Dwight Co., Inc. has a fifty-two week low of $90.26 and a fifty-two week high of $113.50. The stock has a market cap of $26.25 billion, a P/E ratio of 48.05, a PEG ratio of 4.02 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 (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate 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 was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.74 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Announces Dividend

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

Church & Dwight 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.