Church & Dwight Co., Inc. (NYSE:CHD) EVP Sells $4,426,240.00 in Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the transaction, the executive vice president now owns 4,973 shares of the company’s stock, valued at approximately $556,976. This represents a 88.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Church & Dwight Stock Performance

Shares of CHD opened at $109.90 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 stock has a market capitalization of $26.92 billion, a P/E ratio of 49.28, a price-to-earnings-growth ratio of 4.07 and a beta of 0.57. The firm’s fifty day simple moving average is $105.30 and its two-hundred day simple moving average is $104.41. Church & Dwight Co., Inc. has a 12 month low of $90.26 and a 12 month high of $113.50.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.74 earnings per share. As a group, analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.03%. Church & Dwight’s dividend payout ratio (DPR) is currently 50.67%.

Analysts Set New Price Targets

CHD has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. TD Cowen boosted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. Morgan Stanley downgraded shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research report on Monday, September 9th. Finally, Piper Sandler started coverage on shares of Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $108.53.

Institutional Trading of Church & Dwight

A number of institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers boosted its position in shares of Church & Dwight by 776.0% during the 1st quarter. Cetera Investment Advisers now owns 71,026 shares of the company’s stock worth $7,409,000 after purchasing an additional 62,918 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of Church & Dwight by 22.5% during the 1st quarter. Cetera Advisors LLC now owns 25,569 shares of the company’s stock worth $2,667,000 after purchasing an additional 4,696 shares in the last quarter. DNB Asset Management AS boosted its position in shares of Church & Dwight by 13.5% during the 2nd quarter. DNB Asset Management AS now owns 46,676 shares of the company’s stock worth $4,839,000 after purchasing an additional 5,542 shares in the last quarter. Mather Group LLC. boosted its position in shares of Church & Dwight by 4.5% during the 2nd quarter. Mather Group LLC. now owns 7,468 shares of the company’s stock worth $779,000 after purchasing an additional 323 shares in the last quarter. Finally, Simplicity Wealth LLC boosted its position in shares of Church & Dwight by 1.7% during the 2nd quarter. Simplicity Wealth LLC now owns 38,707 shares of the company’s stock worth $4,013,000 after purchasing an additional 655 shares in the last quarter. 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.