Calton & Associates Inc. Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

Calton & Associates Inc. acquired a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, Holdings Channel reports. The firm acquired 3,263 shares of the company’s stock, valued at approximately $342,000.

Other large investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight during the third quarter worth about $28,000. Versant Capital Management Inc boosted its holdings in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Point72 DIFC Ltd purchased a new stake in Church & Dwight in the second quarter worth approximately $50,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Up 0.3 %

Shares of NYSE:CHD opened at $107.14 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a fifty day simple moving average of $106.54 and a two-hundred day simple moving average of $104.16. Church & Dwight Co., Inc. has a 12-month low of $96.09 and a 12-month high of $113.50. The stock has a market capitalization of $26.25 billion, a price-to-earnings ratio of 48.05, a PEG ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm posted $0.74 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. On average, research analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CHD has been the topic of several research reports. Stifel Nicolaus decreased their price target on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research note on Friday, January 17th. Piper Sandler boosted their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Finally, TD Cowen increased their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus price target of $110.61.

Insider Activity at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the sale, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares in the company, valued at $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 593,035 shares of company stock valued at $62,282,808. 2.00% of the stock is owned by corporate insiders.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.