Covestor Ltd Grows Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Covestor Ltd lifted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 62.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 682 shares of the company’s stock after buying an additional 261 shares during the period. Covestor Ltd’s holdings in Church & Dwight were worth $71,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CHD. Capital Performance Advisors LLP purchased a new position in Church & Dwight in the third quarter worth $27,000. Crewe Advisors LLC acquired a new stake in shares of Church & Dwight in the 1st quarter worth $28,000. Rothschild Investment LLC purchased a new position in Church & Dwight during the 2nd quarter worth $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Strategic Financial Concepts LLC purchased a new stake in Church & Dwight in the second quarter valued at about $38,000. Institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In related news, Director Bradley C. Irwin sold 13,200 shares of Church & Dwight stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total value of $1,418,208.00. Following the sale, the director now directly owns 37,169 shares in the company, valued at approximately $3,993,437.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Church & Dwight news, CEO Matthew Farrell sold 300,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total value of $31,152,000.00. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,704,740.96. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bradley C. Irwin sold 13,200 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the sale, the director now directly owns 37,169 shares of the company’s stock, valued at $3,993,437.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 490,613 shares of company stock valued at $50,858,457 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CHD shares. Morgan Stanley downgraded shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. Truist Financial decreased their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. TD Cowen boosted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus reduced their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Finally, Evercore ISI dropped their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $108.53.

Church & Dwight Price Performance

Shares of Church & Dwight stock opened at $107.26 on Thursday. The firm has a market cap of $26.28 billion, a PE ratio of 48.10, a P/E/G ratio of 3.95 and a beta of 0.55. The business has a 50-day moving average price of $103.34 and a 200 day moving average price of $104.00. 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 twelve month low of $90.26 and a twelve month high of $110.31.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the company posted $0.74 EPS. The business’s quarterly revenue was up 3.8% on a year-over-year basis. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Church & Dwight Company 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.