Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,894 shares of the company’s stock after selling 1,095 shares during the period. Toth Financial Advisory Corp’s holdings in Church & Dwight were worth $4,282,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CHD. Millennium Management LLC boosted its position in Church & Dwight by 1,617.3% during the second quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock worth $134,043,000 after purchasing an additional 1,217,568 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Church & Dwight by 4,161.5% during the 2nd quarter. Marshall Wace LLP now owns 1,100,410 shares of the company’s stock valued at $114,091,000 after buying an additional 1,074,588 shares in the last quarter. Capital Research Global Investors acquired a new stake in Church & Dwight in the 1st quarter valued at $69,384,000. Allspring Global Investments Holdings LLC increased its holdings in Church & Dwight by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after acquiring an additional 175,221 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in Church & Dwight by 2,604.4% in the 2nd quarter. Squarepoint Ops LLC now owns 180,707 shares of the company’s stock worth $18,736,000 after acquiring an additional 174,025 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the transaction, the executive vice president now owns 4,319 shares of the company’s stock, valued at $429,179.03. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Truist Financial dropped their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a report on Monday, September 9th. Piper Sandler initiated coverage on Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 target price for the company. BNP Paribas started coverage on Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price on the stock. Finally, TD Cowen assumed coverage on Church & Dwight in a research report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price target for the company. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $107.50.

Church & Dwight Trading Down 0.5 %

Church & Dwight stock traded down $0.52 during trading on Monday, hitting $103.82. The company had a trading volume of 233,436 shares, compared to its average volume of 1,359,114. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The company’s 50 day simple moving average is $102.71 and its 200-day simple moving average is $104.04. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31. The stock has a market cap of $25.42 billion, a price-to-earnings ratio of 32.10, a price-to-earnings-growth ratio of 3.86 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.09. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the business earned $0.92 EPS. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 34.77%.

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.