Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by BDF Gestion

BDF Gestion decreased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 8.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,140 shares of the company’s stock after selling 1,592 shares during the quarter. BDF Gestion’s holdings in Church & Dwight were worth $1,899,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CHD. Public Sector Pension Investment Board increased its stake in shares of Church & Dwight by 69.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 9,448 shares of the company’s stock valued at $980,000 after purchasing an additional 3,882 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Church & Dwight in the second quarter valued at approximately $33,000. Creative Planning raised its stake in shares of Church & Dwight by 3.5% during the 2nd quarter. Creative Planning now owns 52,856 shares of the company’s stock worth $5,480,000 after buying an additional 1,772 shares during the period. Point72 Asset Management L.P. purchased a new position in shares of Church & Dwight during the 2nd quarter valued at approximately $117,000. Finally, Truist Financial Corp raised its position in Church & Dwight by 0.6% during the second quarter. Truist Financial Corp now owns 44,151 shares of the company’s stock worth $4,578,000 after acquiring an additional 264 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

NYSE CHD opened at $106.79 on Thursday. The company has a market cap of $26.16 billion, a P/E ratio of 47.89, a P/E/G ratio of 3.29 and a beta of 0.58. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The stock has a 50-day moving average of $106.63 and a two-hundred day moving average of $104.14.

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

Insider Activity at Church & Dwight

In other news, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 593,035 shares of company stock worth $62,282,808. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CHD shares. JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Barclays boosted their price target on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Piper Sandler boosted their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Finally, TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $110.61.

Church & Dwight Profile

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.