Burns J W & Co. Inc. NY Has $2.97 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Burns J W & Co. Inc. NY lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,499 shares of the company’s stock after selling 1,415 shares during the period. Burns J W & Co. Inc. NY’s holdings in Church & Dwight were worth $2,973,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. LPL Financial LLC raised its holdings in shares of Church & Dwight by 2.5% in the 3rd quarter. LPL Financial LLC now owns 120,999 shares of the company’s stock worth $11,087,000 after acquiring an additional 2,943 shares during the last quarter. Federated Hermes Inc. lifted its holdings in shares of Church & Dwight by 459.2% in the third quarter. Federated Hermes Inc. now owns 5,950 shares of the company’s stock valued at $545,000 after purchasing an additional 4,886 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Church & Dwight by 4.9% during the third quarter. O Shaughnessy Asset Management LLC now owns 49,194 shares of the company’s stock valued at $4,508,000 after buying an additional 2,297 shares during the last quarter. Meeder Advisory Services Inc. grew its holdings in Church & Dwight by 17.4% during the third quarter. Meeder Advisory Services Inc. now owns 5,353 shares of the company’s stock worth $491,000 after buying an additional 794 shares in the last quarter. Finally, Vinva Investment Management Ltd raised its position in Church & Dwight by 6.4% in the 3rd quarter. Vinva Investment Management Ltd now owns 6,884 shares of the company’s stock valued at $633,000 after buying an additional 412 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent analyst reports. BNP Paribas initiated coverage on shares of Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price objective for the company. JPMorgan Chase & Co. decreased their price target on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday, May 3rd. The Goldman Sachs Group began coverage on Church & Dwight in a research report on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective on the stock. Evercore ISI lifted their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday, May 3rd. Finally, Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $106.65.

Insider Buying and Selling

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Robert K. Shearer sold 13,200 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the transaction, the director now owns 29,108 shares of the company’s stock, valued at $3,095,926.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 182,346 shares of company stock valued at $19,465,948. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Down 0.3 %

Shares of CHD stock traded down $0.33 during mid-day trading on Friday, hitting $103.68. The company’s stock had a trading volume of 6,988,946 shares, compared to its average volume of 1,295,333. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31. The stock has a market cap of $25.35 billion, a price-to-earnings ratio of 32.90, a PEG ratio of 3.39 and a beta of 0.51. The business has a 50-day moving average price of $106.79 and a 200 day moving average price of $101.90.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the business posted $0.85 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Research analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s payout ratio is currently 35.87%.

Church & Dwight 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.