Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,651 shares of the company’s stock after acquiring an additional 99 shares during the period. Empowered Funds LLC’s holdings in Church & Dwight were worth $382,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CHD. Garner Asset Management Corp lifted its holdings in shares of Church & Dwight by 5.1% during the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after acquiring an additional 100 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Church & Dwight by 0.3% during the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after purchasing an additional 104 shares in the last quarter. Elk River Wealth Management LLC boosted its position in shares of Church & Dwight by 0.3% in the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock worth $3,595,000 after buying an additional 114 shares during the period. Gateway Advisory LLC grew its stake in shares of Church & Dwight by 4.4% in the second quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $296,000 after buying an additional 120 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of Church & Dwight by 6.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,139 shares of the company’s stock valued at $222,000 after buying an additional 127 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Down 1.3 %

CHD stock opened at $110.45 on Tuesday. The firm has a market cap of $27.06 billion, a price-to-earnings ratio of 49.53, a PEG ratio of 4.09 and a beta of 0.55. Church & Dwight Co., Inc. has a 1-year low of $90.26 and a 1-year high of $113.50. The firm has a fifty day moving average price of $104.27 and a two-hundred day moving average price of $104.22. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data 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 net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $0.74 EPS. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts predict that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 45,120 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,158,361.75. The trade was a 81.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction dated 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 owns 400 shares of the company’s stock, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 543,513 shares of company stock worth $56,795,253 in the last 90 days. 2.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CHD. Barclays decreased their price target on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Truist Financial dropped their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Stifel Nicolaus cut their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average 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.