Koshinski Asset Management Inc. Grows Position in Church & Dwight Co., Inc. (NYSE:CHD)

Koshinski Asset Management Inc. raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 5.2% during the third quarter, HoldingsChannel.com reports. The fund owned 8,309 shares of the company’s stock after purchasing an additional 407 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Church & Dwight were worth $870,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Syon Capital LLC grew its holdings in shares of Church & Dwight by 18.3% in the fourth quarter. Syon Capital LLC now owns 2,593 shares of the company’s stock valued at $245,000 after purchasing an additional 401 shares in the last quarter. American International Group Inc. lifted its holdings in shares of Church & Dwight by 0.9% in the 4th quarter. American International Group Inc. now owns 91,726 shares of the company’s stock valued at $8,674,000 after acquiring an additional 799 shares during the last quarter. Creekmur Asset Management LLC bought a new stake in Church & Dwight during the fourth quarter worth approximately $32,000. Wellington Management Group LLP raised its position in Church & Dwight by 189.4% during the fourth quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock valued at $7,596,000 after purchasing an additional 52,576 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after purchasing an additional 354,946 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $103.16 on Tuesday. The company has a market capitalization of $25.26 billion, a PE ratio of 31.74, a P/E/G ratio of 3.71 and a beta of 0.54. The company has a 50-day simple moving average of $102.49 and a two-hundred day simple moving average of $104.03. 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 quick ratio of 0.98 and a current ratio of 1.53.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the company posted $0.92 earnings per share. Church & Dwight’s revenue for the quarter was up 3.9% compared to the same quarter last year. Research analysts expect that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a dividend of $0.2838 per share. The ex-dividend date was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. Church & Dwight’s payout ratio is 34.77%.

Analyst Ratings Changes

A number of analysts recently issued reports on CHD shares. Truist Financial lowered their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Stifel Nicolaus decreased their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. TD Cowen began coverage on Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target on the stock. Piper Sandler assumed coverage on Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Finally, BNP Paribas assumed coverage on Church & Dwight in a research report on Monday, June 24th. They set a “neutral” rating and a $114.00 target price for the company. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $107.50.

Insider Activity

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.00% of the company’s stock.

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.