Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 131,315 shares of the company's stock after purchasing an additional 10,376 shares during the quarter. Toronto Dominion Bank owned approximately 0.05% of Church & Dwight worth $13,751,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp lifted its position in shares of Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock valued at $1,373,542,000 after buying an additional 969,006 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock worth $839,472,000 after purchasing an additional 429,863 shares in the last quarter. Stifel Financial Corp raised its position in shares of Church & Dwight by 0.5% during the 3rd quarter. Stifel Financial Corp now owns 4,295,527 shares of the company's stock worth $449,830,000 after purchasing an additional 21,607 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Church & Dwight by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company's stock valued at $351,668,000 after buying an additional 175,221 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Church & Dwight by 1.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company's stock worth $146,556,000 after buying an additional 16,257 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on CHD. Barclays decreased their target price on Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a report on Monday, November 4th. Piper Sandler began coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an "overweight" rating and a $120.00 target price for the company. TD Cowen raised 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. Finally, JPMorgan Chase & Co. upped 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 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 data from MarketBeat.com, Church & Dwight presently has an average rating of "Hold" and a consensus price target of $109.56.

Church & Dwight Trading Up 0.2 %

Shares of Church & Dwight stock traded up $0.23 during trading hours on Friday, hitting $105.64. The company's stock had a trading volume of 926,996 shares, compared to its average volume of 1,481,044. The stock has a market cap of $25.88 billion, a price-to-earnings 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 quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50. The firm has a fifty day moving average of $105.77 and a 200-day moving average of $104.42.

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 company had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. Church & Dwight's revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts forecast that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued 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 dividend payout ratio (DPR) is presently 50.67%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of Church & Dwight 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 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. The trade was a 59.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Rick Spann sold 39,520 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the sale, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. This represents a 88.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 583,035 shares of company stock valued at $61,221,708 over the last quarter. 2.00% of the stock is owned by company insiders.

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.