Arthur B. Winkleblack Sells 11,590 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock

Church & Dwight Co., Inc. (NYSE:CHD) 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 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Church & Dwight Stock Down 0.9 %

CHD opened at $103.21 on Thursday. The firm has a market cap of $25.29 billion, a P/E ratio of 46.28, a price-to-earnings-growth ratio of 3.78 and a beta of 0.55. 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 business has a 50 day moving average price of $103.01 and a 200 day moving average price of $104.02. Church & Dwight Co., Inc. has a twelve month low of $86.41 and a twelve month high of $110.31.

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

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. Church & Dwight’s payout ratio is presently 50.67%.

Institutional Trading of Church & Dwight

Several hedge funds have recently added to or reduced their stakes in CHD. Natixis Advisors LLC boosted its position in shares of Church & Dwight by 2.2% in the third quarter. Natixis Advisors LLC now owns 164,329 shares of the company’s stock valued at $17,209,000 after acquiring an additional 3,573 shares during the period. Empowered Funds LLC boosted its holdings in Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after purchasing an additional 99 shares during the period. Empirical Finance LLC grew its position in Church & Dwight by 2.4% in the 3rd quarter. Empirical Finance LLC now owns 8,435 shares of the company’s stock worth $883,000 after purchasing an additional 195 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of Church & Dwight by 8.3% during the third quarter. CIBC Asset Management Inc now owns 35,828 shares of the company’s stock valued at $3,752,000 after buying an additional 2,739 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Church & Dwight by 0.6% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 125,798 shares of the company’s stock valued at $13,174,000 after buying an additional 724 shares during the period. Institutional investors own 86.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on CHD. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a research report on Monday, September 9th. Evercore ISI reduced their price objective on 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. Barclays lowered their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday. Finally, Truist Financial decreased their price target 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. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $108.05.

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.