Church & Dwight Co., Inc. (NYSE:CHD) EVP Purchases $117,502.00 in Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Michael Read bought 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Church & Dwight Trading Up 0.0 %

NYSE CHD traded up $0.03 during trading on Tuesday, hitting $105.85. The stock had a trading volume of 429,313 shares, compared to its average volume of 1,394,425. Church & Dwight Co., Inc. has a one year low of $90.69 and a one year high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The stock has a market capitalization of $25.93 billion, a price-to-earnings ratio of 47.47, a P/E/G ratio of 3.86 and a beta of 0.57. The stock has a 50 day simple moving average of $105.91 and a 200 day simple moving average of $104.44.

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

Church & Dwight Announces Dividend

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

Analyst Ratings Changes

Several research firms have recently issued reports on CHD. Wells Fargo & Company lifted 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. Piper Sandler assumed coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Barclays lowered their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $109.56.

Hedge Funds Weigh In On Church & Dwight

Large investors have recently bought and sold shares of the business. Capital Performance Advisors LLP acquired a new stake in Church & Dwight in the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight in the 3rd quarter valued at approximately $28,000. Rothschild Investment LLC acquired a new stake in Church & Dwight in the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Church & Dwight during the 2nd quarter worth approximately $33,000. Finally, Kimelman & Baird LLC acquired a new position in Church & Dwight during the 2nd quarter valued at approximately $46,000. 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.