Church & Dwight Co., Inc. (NYSE:CHD) CAO Joseph James Longo Sells 7,780 Shares

Church & Dwight Co., Inc. (NYSE:CHD) CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. This trade represents a 95.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Church & Dwight Stock Down 1.3 %

CHD traded down $1.45 on Monday, hitting $110.45. The company had a trading volume of 2,535,643 shares, compared to its average volume of 1,401,916. The stock has a fifty day simple moving average of $104.17 and a 200-day simple moving average of $104.20. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm has a market capitalization of $27.06 billion, a P/E ratio of 49.86, a P/E/G ratio of 4.09 and a beta of 0.55. Church & Dwight Co., Inc. has a 52-week low of $90.26 and a 52-week high of $113.50.

Church & Dwight (NYSE:CHD) last released 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. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.74 EPS. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal 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 given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis 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%.

Analysts Set New Price Targets

CHD has been the topic of a number of recent analyst reports. Barclays lowered their price objective 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. Stifel Nicolaus cut their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Evercore ISI lowered their target price on shares of 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. Truist Financial cut their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Finally, Wells Fargo & Company raised their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Three 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $108.53.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CHD. Amalgamated Bank raised its stake in Church & Dwight by 0.8% during the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after buying an additional 394 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Church & Dwight by 74.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock worth $7,032,000 after purchasing an additional 28,986 shares during the last quarter. Tidal Investments LLC boosted its stake in Church & Dwight by 160.1% in the 1st quarter. Tidal Investments LLC now owns 23,530 shares of the company’s stock worth $2,454,000 after purchasing an additional 14,483 shares in the last quarter. Addenda Capital Inc. boosted its stake in Church & Dwight by 12.7% in the 2nd quarter. Addenda Capital Inc. now owns 56,723 shares of the company’s stock worth $5,881,000 after purchasing an additional 6,389 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in Church & Dwight by 12.4% during the 2nd quarter. Hsbc Holdings PLC now owns 803,588 shares of the company’s stock valued at $83,249,000 after purchasing an additional 88,580 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

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.