Bradley C. Irwin Sells 13,200 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock

Church & Dwight Co., Inc. (NYSE:CHD) Director Bradley C. Irwin sold 13,200 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the sale, the director now owns 37,169 shares of the company’s stock, valued at approximately $3,993,437.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Church & Dwight Stock Down 0.7 %

Church & Dwight stock opened at $107.26 on Thursday. The firm has a market capitalization of $26.28 billion, a P/E ratio of 48.10, a P/E/G ratio of 3.95 and a beta of 0.55. The company has a 50-day simple moving average of $103.34 and a 200-day simple moving average of $104.00. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $110.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the company posted $0.74 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a $0.2838 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. Church & Dwight’s dividend payout ratio is presently 50.67%.

Wall Street Analysts Forecast Growth

CHD has been the topic of several analyst reports. Wells Fargo & Company raised their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Stifel Nicolaus lowered their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. TD Cowen lifted their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Barclays lowered their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $108.53.

Institutional Trading of Church & Dwight

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Performance Advisors LLP acquired a new position in shares of Church & Dwight during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight during the 3rd quarter worth approximately $28,000. Crewe Advisors LLC acquired a new stake in Church & Dwight during the 1st quarter valued at $28,000. Rothschild Investment LLC purchased a new stake in shares of Church & Dwight in the second quarter valued at $31,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight during the second quarter valued at $33,000. 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.