Avior Wealth Management LLC Buys 215 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Avior Wealth Management LLC increased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% during the 3rd quarter, Holdings Channel reports. The firm owned 17,469 shares of the company’s stock after acquiring an additional 215 shares during the quarter. Avior Wealth Management LLC’s holdings in Church & Dwight were worth $1,829,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Church & Dwight during the 3rd quarter worth $27,000. Crewe Advisors LLC purchased a new stake in Church & Dwight in the first quarter worth about $28,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight during the 3rd quarter worth about $28,000. Rothschild Investment LLC purchased a new position in Church & Dwight during the 2nd quarter valued at about $31,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight in the 2nd quarter valued at about $33,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In related news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total value of $31,152,000.00. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,704,740.96. The trade was a 72.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 490,613 shares of company stock worth $50,858,457. Insiders own 1.40% of the company’s stock.

Church & Dwight Trading Up 0.6 %

Church & Dwight stock opened at $110.93 on Wednesday. The stock has a 50-day moving average price of $103.67 and a 200 day moving average price of $104.08. The company has a market capitalization of $27.18 billion, a price-to-earnings ratio of 49.74, a price-to-earnings-growth ratio of 4.03 and a beta of 0.55. Church & Dwight Co., Inc. has a 52 week low of $90.26 and a 52 week high of $111.45. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion during 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 period in the previous year, the business posted $0.74 EPS. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 50.67%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CHD. Evercore ISI dropped their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 5th. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a report on Monday, September 9th. TD Cowen upped their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Stifel Nicolaus decreased their target price on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. Finally, Truist Financial cut their price target 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 equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $108.53.

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.