Church & Dwight Co., Inc. (NYSE:CHD) Director Bradley C. Irwin Sells 13,200 Shares of Stock

Church & Dwight Co., Inc. (NYSE:CHD) Director Bradley C. Irwin sold 13,200 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the transaction, the director now directly owns 37,169 shares of the company’s stock, valued at approximately $3,993,437.36. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Church & Dwight Trading Down 0.7 %

NYSE CHD opened at $107.26 on Thursday. The firm has a 50 day simple moving average of $103.34 and a 200-day simple moving average of $104.00. The firm has a market cap of $26.28 billion, a price-to-earnings ratio of 48.10, a PEG ratio of 3.95 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 Co., Inc. has a one year low of $90.26 and a one year high of $110.31.

Church & Dwight (NYSE:CHD) last released its earnings results 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. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the firm earned $0.74 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Institutional Trading of Church & Dwight

Several institutional investors have recently modified their holdings of CHD. Quantbot Technologies LP acquired a new position in Church & Dwight in the 1st quarter valued at $247,000. Empowered Funds LLC increased its position in Church & Dwight by 50.4% during the first quarter. Empowered Funds LLC now owns 4,461 shares of the company’s stock worth $465,000 after purchasing an additional 1,494 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Church & Dwight by 77.0% in the 1st quarter. SG Americas Securities LLC now owns 20,467 shares of the company’s stock worth $2,135,000 after buying an additional 8,901 shares during the period. Atomi Financial Group Inc. purchased a new position in shares of Church & Dwight in the 1st quarter worth about $201,000. Finally, Headlands Technologies LLC acquired a new position in shares of Church & Dwight in the 1st quarter valued at about $89,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. TD Cowen raised their price target 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. Stifel Nicolaus lowered their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Barclays cut 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. Wells Fargo & Company boosted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Three investment 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 data from MarketBeat, the company has an average rating of “Hold” and an average target price of $108.53.

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.