Financial Counselors Inc. Purchases 3,105 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Financial Counselors Inc. boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 129,632 shares of the company’s stock after purchasing an additional 3,105 shares during the quarter. Financial Counselors Inc.’s holdings in Church & Dwight were worth $13,575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its holdings in Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock worth $839,472,000 after purchasing an additional 429,863 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Church & Dwight by 5.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after purchasing an additional 175,221 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Church & Dwight by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company’s stock worth $146,556,000 after purchasing an additional 16,257 shares during the last quarter. Millennium Management LLC increased its stake in shares of Church & Dwight by 1,617.3% in the 2nd quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock valued at $134,043,000 after acquiring an additional 1,217,568 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Church & Dwight by 15.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,168,866 shares of the company’s stock valued at $121,191,000 after acquiring an additional 159,233 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Stifel Nicolaus lowered their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Barclays lowered their price target 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. Piper Sandler assumed coverage on Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company. Finally, Evercore ISI lowered their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 5th. Three investment 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. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average target price of $108.53.

Church & Dwight Trading Down 0.0 %

NYSE:CHD opened at $110.36 on Friday. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The business has a 50 day moving average price of $104.73 and a two-hundred day moving average price of $104.33. The company has a market cap of $27.04 billion, a P/E ratio of 49.49, a price-to-earnings-growth ratio of 4.04 and a beta of 0.55.

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, topping 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 firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm posted $0.74 EPS. The business’s revenue was up 3.8% on a year-over-year basis. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, November 15th. Church & Dwight’s payout ratio is presently 50.67%.

Insider Activity

In other news, CEO Matthew Farrell sold 300,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total value of $31,152,000.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,704,740.96. This represents a 72.69 % decrease in their position. The transaction was disclosed in a filing 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 that occurred 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 completion of the sale, the director now directly owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 543,513 shares of company stock valued at $56,795,253. 2.00% of the stock is owned by insiders.

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.