Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Harrington Investments INC

Harrington Investments INC boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.0% in the third quarter, Holdings Channel reports. The fund owned 33,861 shares of the company’s stock after purchasing an additional 330 shares during the period. Church & Dwight accounts for about 1.9% of Harrington Investments INC’s portfolio, making the stock its 15th biggest position. Harrington Investments INC’s holdings in Church & Dwight were worth $3,546,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CHD. Game Plan Financial Advisors LLC acquired a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $26,000. Crewe Advisors LLC acquired a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $28,000. Roble Belko & Company Inc acquired a new stake in shares of Church & Dwight in the 1st quarter valued at approximately $31,000. Rothschild Investment LLC acquired a new stake in shares of Church & Dwight in the 2nd quarter valued at approximately $31,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $32,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Evercore ISI reduced their price objective on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Truist Financial reduced their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. BNP Paribas assumed coverage on Church & Dwight in a report on Monday, June 24th. They set a “neutral” rating and a $114.00 price objective for the company. Stifel Nicolaus reduced 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. Finally, Barclays lifted their price objective on Church & Dwight from $82.00 to $86.00 and gave the stock an “underweight” rating in a report on Friday. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $107.50.

Insider Activity at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of the business’s 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 directly owns 4,319 shares of the company’s stock, valued at $429,179.03. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Trading Up 1.5 %

NYSE:CHD opened at $103.16 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The business’s 50-day simple moving average is $102.49 and its 200 day simple moving average is $104.03. The stock has a market cap of $25.26 billion, a price-to-earnings ratio of 31.74, a price-to-earnings-growth ratio of 3.71 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.84 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.92 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.10%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio is currently 34.77%.

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.