Thrivent Financial for Lutherans Purchases 1,638 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Thrivent Financial for Lutherans raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,266 shares of the company’s stock after purchasing an additional 1,638 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Church & Dwight were worth $3,170,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight in the third quarter worth approximately $28,000. Rothschild Investment LLC purchased a new stake in shares of Church & Dwight in the second quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Church & Dwight in the second quarter valued at approximately $33,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight during the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Price Performance

CHD opened at $110.45 on Tuesday. The company has a market capitalization of $27.06 billion, a price-to-earnings ratio of 49.53, a PEG ratio of 4.09 and a beta of 0.55. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The firm has a 50-day moving average price of $104.27 and a 200-day moving average price of $104.22. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (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 business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the firm posted $0.74 EPS. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. Equities analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio is presently 50.67%.

Analyst Ratings Changes

CHD has been the topic of several recent analyst reports. Stifel Nicolaus dropped their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, August 5th. Wells Fargo & Company boosted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Truist Financial reduced their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Barclays dropped 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 report on Tuesday, November 5th. Finally, TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $108.53.

Insider Transactions at Church & Dwight

In other news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction on 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 owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value 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 $1,158,361.75. This represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 543,513 shares of company stock valued at $56,795,253. 2.00% of the stock is currently owned by corporate insiders.

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.