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

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

Church & Dwight Stock Performance

Shares of CHD stock traded down $0.27 during midday trading on Wednesday, hitting $107.72. The company had a trading volume of 224,369 shares, compared to its average volume of 1,382,765. 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 company’s 50 day simple moving average is $103.34 and its 200 day simple moving average is $104.00. Church & Dwight Co., Inc. has a 52-week low of $90.26 and a 52-week high of $110.31. The stock has a market cap of $26.39 billion, a price-to-earnings ratio of 48.25, a PEG ratio of 3.95 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates 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 previous year, the firm earned $0.74 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 50.67%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. 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 research report on Monday, November 4th. Stifel Nicolaus cut their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. TD Cowen upped 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. Piper Sandler initiated coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target on the stock. Finally, Truist Financial decreased their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $108.05.

Institutional Investors Weigh In On Church & Dwight

A number of institutional investors have recently added to or reduced their stakes in CHD. Brooklyn Investment Group purchased a new position in Church & Dwight in the 3rd quarter worth approximately $188,000. Prospector Partners LLC increased its position in Church & Dwight by 0.5% in the 3rd quarter. Prospector Partners LLC now owns 152,683 shares of the company’s stock valued at $15,989,000 after acquiring an additional 714 shares during the period. Bank of Montreal Can raised its position in shares of Church & Dwight by 6.9% during the 3rd quarter. Bank of Montreal Can now owns 276,832 shares of the company’s stock worth $28,898,000 after buying an additional 17,905 shares in the last quarter. Private Trust Co. NA boosted its stake in Church & Dwight by 6.2% during the third quarter. Private Trust Co. NA now owns 6,076 shares of the company’s stock valued at $636,000 after buying an additional 353 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in Church & Dwight by 41.2% in the third quarter. Brown Brothers Harriman & Co. now owns 943 shares of the company’s stock worth $99,000 after buying an additional 275 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Company Profile

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.