Tompkins Financial Corp Sells 602 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Tompkins Financial Corp lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 33.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,224 shares of the company’s stock after selling 602 shares during the quarter. Tompkins Financial Corp’s holdings in Church & Dwight were worth $128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight during the third quarter worth $28,000. Versant Capital Management Inc raised its holdings in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the 2nd quarter worth $33,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Church & Dwight in the 2nd quarter valued at about $46,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s 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 sale, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 593,035 shares of company stock worth $62,282,808. 1.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have commented on CHD. Barclays boosted their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research report on Friday. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday. Piper Sandler increased their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. Wells Fargo & Company raised their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Finally, Stifel Nicolaus cut their price objective on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $110.61.

Church & Dwight Stock Performance

NYSE:CHD opened at $106.42 on Friday. 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 firm has a market capitalization of $26.07 billion, a P/E ratio of 47.72, a P/E/G ratio of 3.12 and a beta of 0.58. The company has a fifty day moving average of $106.87 and a 200-day moving average of $104.05. Church & Dwight Co., Inc. has a twelve month low of $96.09 and a twelve month high of $113.50.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating 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 analysts’ expectations of $1.50 billion. During the same quarter last year, the firm posted $0.74 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Friday, November 15th. Church & Dwight’s payout ratio is currently 50.67%.

Church & Dwight 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.