Church & Dwight Co., Inc. (NYSE:CHD) CAO Joseph James Longo Sells 7,780 Shares

Church & Dwight Co., Inc. (NYSE:CHD) CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Church & Dwight Trading Down 1.3 %

Shares of CHD stock opened at $110.45 on Tuesday. Church & Dwight Co., Inc. has a fifty-two week low of $90.26 and a fifty-two week high of $113.50. The company has a 50 day moving average price of $104.27 and a 200 day moving average price of $104.22. The stock has a market capitalization of $27.06 billion, a P/E ratio of 49.53, a price-to-earnings-growth ratio of 4.09 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.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share 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 return on equity of 19.90% and a net margin of 9.08%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 earnings per share. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio is presently 50.67%.

Institutional Trading of Church & Dwight

Several hedge funds have recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC purchased a new position in Church & Dwight in the third quarter valued at $28,000. Rothschild Investment LLC acquired a new stake in Church & Dwight in the second quarter valued at $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Church & Dwight during the 2nd quarter worth about $33,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth about $38,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Truist Financial reduced their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, November 4th. TD Cowen lifted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Piper Sandler began coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus 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.