Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Burns J W & Co. Inc. NY

Burns J W & Co. Inc. NY cut its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,499 shares of the company’s stock after selling 1,415 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in Church & Dwight were worth $2,973,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. WD Rutherford LLC lifted its position in Church & Dwight by 0.4% during the first quarter. WD Rutherford LLC now owns 35,385 shares of the company’s stock valued at $3,691,000 after buying an additional 140 shares in the last quarter. Kathmere Capital Management LLC lifted its holdings in shares of Church & Dwight by 13.0% during the 1st quarter. Kathmere Capital Management LLC now owns 4,217 shares of the company’s stock valued at $440,000 after acquiring an additional 485 shares in the last quarter. Indiana Trust & Investment Management CO boosted its position in Church & Dwight by 1,028.0% during the 1st quarter. Indiana Trust & Investment Management CO now owns 1,128 shares of the company’s stock worth $118,000 after purchasing an additional 1,028 shares during the period. Chesley Taft & Associates LLC increased its holdings in Church & Dwight by 1.2% in the 1st quarter. Chesley Taft & Associates LLC now owns 90,349 shares of the company’s stock valued at $9,424,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Church & Dwight by 19.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,994 shares of the company’s stock valued at $2,190,000 after purchasing an additional 3,388 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

Shares of NYSE CHD traded down $0.33 during midday trading on Friday, hitting $103.68. The company’s stock had a trading volume of 6,988,946 shares, compared to its average volume of 1,295,333. The firm has a market cap of $25.35 billion, a P/E ratio of 32.90, a P/E/G ratio of 3.39 and a beta of 0.51. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31. The firm’s fifty day moving average price is $106.79 and its 200-day moving average price is $101.90. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33.

Church & Dwight (NYSE:CHD) last posted its earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.86 by $0.10. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 earnings per share. On average, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s payout ratio is 35.87%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft increased their target price on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Truist Financial upped their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, May 3rd. Argus boosted their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Oppenheimer raised their target price on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Finally, BNP Paribas started coverage on Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $106.65.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the sale, the executive vice president now owns 10,325 shares in the company, valued at $1,104,775. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $105.47, for a total value of $817,603.44. Following the completion of the sale, the director now directly owns 25,692 shares of the company’s stock, valued at approximately $2,709,735.24. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,104,775. The disclosure for this sale can be found here. Over the last quarter, insiders sold 182,346 shares of company stock worth $19,465,948. Insiders own 2.00% of the company’s stock.

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.