Intech Investment Management LLC Boosts Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Intech Investment Management LLC increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 7.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,888 shares of the company’s stock after buying an additional 10,197 shares during the period. Intech Investment Management LLC owned 0.06% of Church & Dwight worth $16,010,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CHD. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight in the 3rd quarter worth $27,000. Crewe Advisors LLC purchased a new stake in shares of Church & Dwight in the 1st quarter worth $28,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight in the 3rd quarter worth $28,000. Rothschild Investment LLC bought a new stake in Church & Dwight during the second quarter valued at about $31,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Church & Dwight in the second quarter worth about $33,000. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Church & Dwight news, Director Bradley C. Irwin sold 13,200 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the completion of the sale, the director now directly owns 37,169 shares in the company, valued at approximately $3,993,437.36. The trade was a 26.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now owns 7,129 shares of the company’s stock, valued at $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 490,613 shares of company stock valued at $50,858,457. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CHD shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research note on Monday, September 9th. Truist Financial cut their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Stifel Nicolaus lowered their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. Finally, Evercore ISI dropped their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $108.53.

Church & Dwight Trading Up 0.3 %

Shares of NYSE:CHD opened at $111.29 on Thursday. 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 company has a market capitalization of $27.27 billion, a PE ratio of 49.91, a P/E/G ratio of 4.06 and a beta of 0.55. Church & Dwight Co., Inc. has a 12-month low of $90.26 and a 12-month high of $111.75. The business’s fifty day simple moving average is $103.83 and its 200-day simple moving average is $104.13.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm earned $0.74 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

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.