B. Metzler seel. Sohn & Co. Holding AG Invests $616,000 in Church & Dwight Co., Inc. (NYSE:CHD)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,881 shares of the company’s stock, valued at approximately $616,000.

Several other institutional investors have also recently bought and sold shares of CHD. Capital Performance Advisors LLP acquired a new stake in shares of Church & Dwight in the third quarter valued at $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight in the third quarter worth about $28,000. Rothschild Investment LLC bought a new position in shares of Church & Dwight in the second quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $33,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Church & Dwight in the second quarter valued at approximately $38,000. Institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CHD shares. Piper Sandler assumed coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective on the stock. Truist Financial dropped their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research note on Monday, September 9th. Stifel Nicolaus dropped their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Three equities research 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 MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus price target of $108.53.

Church & Dwight Trading Down 0.3 %

Church & Dwight stock opened at $111.90 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The firm has a 50-day moving average of $104.17 and a 200-day moving average of $104.20. The company has a market cap of $27.42 billion, a price-to-earnings ratio of 50.18, a P/E/G ratio of 4.09 and a beta of 0.55. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $113.50.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share 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 the consensus estimate of $1.50 billion. During the same period last year, the company earned $0.74 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. On average, equities analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company 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 1.01%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 50.67%.

Insider Buying and Selling at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 45,120 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total value of $5,062,012.80. Following the sale, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction 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 transaction, the director now directly owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 535,733 shares of company stock worth $55,920,470 over the last quarter. 2.00% of the stock is currently owned by insiders.

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.