Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 21.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,407 shares of the company's stock after acquiring an additional 5,082 shares during the quarter. Sanctuary Advisors LLC's holdings in Church & Dwight were worth $3,179,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Church & Dwight by 1.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 209,697 shares of the company's stock valued at $21,741,000 after purchasing an additional 1,976 shares during the period. Focus Financial Network Inc. increased its holdings in shares of Church & Dwight by 9.5% during the 2nd quarter. Focus Financial Network Inc. now owns 3,801 shares of the company's stock worth $394,000 after buying an additional 330 shares during the last quarter. Pathway Financial Advisors LLC raised its position in shares of Church & Dwight by 1.3% during the 2nd quarter. Pathway Financial Advisors LLC now owns 23,036 shares of the company's stock valued at $2,388,000 after buying an additional 300 shares during the period. Wedgewood Investors Inc. PA acquired a new position in Church & Dwight in the second quarter valued at approximately $943,000. Finally, Raymond James Trust N.A. lifted its holdings in Church & Dwight by 23.6% in the second quarter. Raymond James Trust N.A. now owns 6,439 shares of the company's stock valued at $668,000 after acquiring an additional 1,230 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Stock Up 0.1 %

Church & Dwight stock traded up $0.06 during mid-day trading on Wednesday, hitting $105.86. The company had a trading volume of 2,221,720 shares, compared to its average volume of 1,401,897. The stock has a market cap of $25.94 billion, a price-to-earnings ratio of 47.47, a PEG ratio of 3.86 and a beta of 0.57. 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 Co., Inc. has a 1 year low of $90.69 and a 1 year high of $113.50. The business has a fifty day moving average of $106.02 and a 200 day moving average of $104.43.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the firm posted $0.74 EPS. The company's revenue was up 3.8% on a year-over-year basis. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid 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 1.07%. Church & Dwight's dividend payout ratio is presently 50.67%.

Insiders Place Their Bets

In related news, CEO Matthew Farrell sold 165,823 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. The trade was a 59.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Michael Read acquired 1,100 shares of the firm's stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 593,035 shares of company stock valued at $62,282,808 over the last quarter. Company insiders own 2.00% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Piper Sandler assumed coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an "overweight" rating and a $120.00 target price on the stock. Wells Fargo & Company upped their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. 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. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Finally, Barclays dropped their target price on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Church & Dwight has a consensus rating of "Hold" and an average target price of $109.56.

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.