Church & Dwight Co., Inc. (NYSE:CHD) Stake Lifted by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 25.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,404 shares of the company's stock after buying an additional 15,598 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Church & Dwight were worth $8,001,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. World Investment Advisors LLC purchased a new position in Church & Dwight during the third quarter worth about $58,338,000. Sanctuary Advisors LLC raised its stake in Church & Dwight by 21.8% during the third quarter. Sanctuary Advisors LLC now owns 28,407 shares of the company's stock worth $3,179,000 after purchasing an additional 5,082 shares during the period. Toronto Dominion Bank raised its stake in Church & Dwight by 8.6% during the third quarter. Toronto Dominion Bank now owns 131,315 shares of the company's stock worth $13,751,000 after purchasing an additional 10,376 shares during the period. Coldstream Capital Management Inc. raised its stake in Church & Dwight by 4.1% during the third quarter. Coldstream Capital Management Inc. now owns 6,233 shares of the company's stock worth $654,000 after purchasing an additional 248 shares during the period. Finally, Barclays PLC raised its stake in Church & Dwight by 63.9% during the third quarter. Barclays PLC now owns 1,106,131 shares of the company's stock worth $115,832,000 after purchasing an additional 431,257 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Arthur B. Winkleblack sold 11,590 shares of the business's stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the business's stock in a transaction dated 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 sale, the executive vice president now directly owns 10,325 shares of the company's stock, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 583,035 shares of company stock valued at $61,221,708. Company insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded up $0.16 during trading on Friday, hitting $105.57. 384,073 shares of the company were exchanged, compared to its average volume of 1,395,874. 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 fifty-two week low of $90.26 and a fifty-two week high of $113.50. The stock has a market capitalization of $25.86 billion, a price-to-earnings ratio of 47.23, a P/E/G ratio of 3.86 and a beta of 0.57. The firm has a 50 day moving average price of $105.68 and a 200 day moving average price of $104.42.

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

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.08%. Church & Dwight's dividend payout ratio (DPR) is 50.67%.

Wall Street Analyst Weigh In

A number of research analysts have commented on CHD shares. Wells Fargo & Company upped their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Barclays cut their target price on shares of Church & Dwight from $86.00 to $85.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft boosted their price target 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 downgraded Church & Dwight from an "overweight" rating to an "equal weight" rating and set a $110.00 price objective for the company. in a research report on Monday, September 9th. Finally, Piper Sandler assumed coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an "overweight" rating and a $120.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Church & Dwight has an average rating of "Hold" and a consensus price target of $108.53.

About Church & Dwight

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.