Lowe Brockenbrough & Co. Inc. Has $471,000 Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Lowe Brockenbrough & Co. Inc. lowered its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 13.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,495 shares of the company’s stock after selling 717 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Church & Dwight were worth $471,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp lifted its stake in Church & Dwight by 6.9% in the first quarter. Van ECK Associates Corp now owns 33,784 shares of the company’s stock valued at $3,524,000 after buying an additional 2,178 shares in the last quarter. Norden Group LLC increased its holdings in Church & Dwight by 77.0% during the first quarter. Norden Group LLC now owns 5,271 shares of the company’s stock worth $550,000 after buying an additional 2,293 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in Church & Dwight during the first quarter worth $568,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Church & Dwight by 20.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 80,042 shares of the company’s stock worth $8,349,000 after buying an additional 13,455 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Church & Dwight by 28.7% in the first quarter. BNP Paribas Financial Markets now owns 535,405 shares of the company’s stock valued at $55,848,000 after purchasing an additional 119,344 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on CHD. Barclays upped their price target on shares of Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a research note on Friday, October 11th. TD Cowen started coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 target price for the company. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a report on Monday, September 9th. Truist Financial dropped their price objective 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. Finally, JPMorgan Chase & Co. increased their target price on shares of Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a research report on Friday, October 11th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $107.50.

Church & Dwight Trading Up 4.8 %

NYSE CHD opened at $104.75 on Friday. The stock has a market capitalization of $25.64 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 3.69 and a beta of 0.55. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. The business’s fifty day moving average is $102.89 and its 200-day moving average is $104.03.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.74 EPS. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s payout ratio is 34.77%.

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.