Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,798 shares of the company’s stock after buying an additional 724 shares during the quarter. Tokio Marine Asset Management Co. Ltd. owned about 0.05% of Church & Dwight worth $13,174,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CHD. Metis Global Partners LLC boosted its position in Church & Dwight by 4.9% in the 3rd quarter. Metis Global Partners LLC now owns 20,965 shares of the company’s stock valued at $2,195,000 after buying an additional 987 shares during the period. KBC Group NV boosted its position in shares of Church & Dwight by 48.2% during the 3rd quarter. KBC Group NV now owns 103,409 shares of the company’s stock worth $10,829,000 after acquiring an additional 33,614 shares in the last quarter. Plato Investment Management Ltd increased its stake in Church & Dwight by 263.5% in the third quarter. Plato Investment Management Ltd now owns 1,127 shares of the company’s stock valued at $118,000 after purchasing an additional 817 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after acquiring an additional 104 shares in the last quarter. Finally, Empower Advisory Group LLC acquired a new stake in shares of Church & Dwight during the third quarter worth about $216,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other news, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value 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 approximately $740,275.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction on 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 in the company, valued at $740,275.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 37,169 shares in the company, valued at $3,993,437.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 490,613 shares of company stock worth $50,858,457 in the last 90 days. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Trading Up 0.1 %

Shares of NYSE:CHD traded up $0.15 during trading on Thursday, reaching $107.41. 30,381 shares of the stock were exchanged, compared to its average volume of 1,380,928. Church & Dwight Co., Inc. has a 12-month low of $90.26 and a 12-month high of $110.31. The firm’s 50-day moving average price is $103.36 and its 200 day moving average price is $104.02. 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 firm has a market cap of $26.32 billion, a price-to-earnings ratio of 48.10, a price-to-earnings-growth ratio of 3.95 and a beta of 0.55.

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

Church & Dwight Dividend Announcement

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 paid a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. Church & Dwight’s dividend payout ratio is presently 50.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CHD shares. Truist Financial reduced their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday, November 4th. TD Cowen lifted their price target 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. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target for the company. in a research note on Monday, September 9th. Finally, Evercore ISI dropped their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 5th. Three 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $108.53.

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.