Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,097 shares of the company’s stock after selling 3,581 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Church & Dwight were worth $9,853,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CHD. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight in the 3rd quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the third quarter worth $28,000. Versant Capital Management Inc grew its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the 2nd quarter valued at $33,000. Finally, Kimelman & Baird LLC purchased a new position in Church & Dwight during the 2nd quarter worth $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity

In other news, EVP Michael Read purchased 1,100 shares of the stock in a transaction on Monday, December 16th. The stock was purchased at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the transaction, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock valued at $62,282,808 in the last 90 days. 2.00% of the stock is currently owned by insiders.

Church & Dwight Stock Performance

Shares of NYSE CHD opened at $108.44 on Monday. The company has a 50-day simple moving average of $106.71 and a 200-day simple moving average of $104.07. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The company has a market cap of $26.57 billion, a PE ratio of 48.61, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50.

Church & Dwight (NYSE:CHD) last issued its quarterly 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. The company 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 business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 EPS. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CHD shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus lowered their price objective on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a report on Friday, January 17th. Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Barclays lifted their price target on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Finally, Piper Sandler increased their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Two equities research 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 MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.