Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,082 shares of the company's stock after selling 5,167 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in Church & Dwight were worth $8,805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in CHD. Capital Performance Advisors LLP bought a new position in shares of Church & Dwight in the third quarter worth about $27,000. Crewe Advisors LLC purchased a new stake in Church & Dwight during the 1st quarter valued at approximately $28,000. Rothschild Investment LLC bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight in the second quarter worth $33,000. Finally, Kimelman & Baird LLC bought a new position in shares of Church & Dwight during the second quarter worth $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CHD has been the topic of a number of research reports. TD Cowen boosted their price target 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. Piper Sandler started 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. Barclays reduced their price objective on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. upped their price target 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. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Church & Dwight has an average rating of "Hold" and an average target price of $108.05.

Insider Buying and Selling

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 112,719 shares of the company's stock, valued at approximately $11,613,438.57. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other 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 sale, the chief executive officer now owns 112,719 shares of the company's stock, valued at $11,613,438.57. This trade represents a 0.00 % decrease in their position. The transaction 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 company's stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 477,413 shares of company stock valued at $49,440,249 over the last 90 days. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Trading Up 1.2 %

Shares of CHD traded up $1.26 during trading hours on Monday, reaching $107.71. 1,575,018 shares of the company traded hands, compared to its average volume of 1,387,416. The stock's fifty day moving average price is $103.16 and its 200 day moving average price is $103.98. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $26.39 billion, a price-to-earnings ratio of 47.74, a PEG ratio of 3.89 and a beta of 0.55. Church & Dwight Co., Inc. has a 12-month low of $89.05 and a 12-month high of $110.31.

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

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight's payout ratio is 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.