Nicholson Wealth Management Group LLC Acquires Shares of 6,948 Church & Dwight Co., Inc. (NYSE:CHD)

Nicholson Wealth Management Group LLC bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the 3rd quarter, HoldingsChannel reports. The fund bought 6,948 shares of the company’s stock, valued at approximately $728,000.

A number of other hedge funds have also made changes to their positions in the company. Texas Yale Capital Corp. lifted its position in shares of Church & Dwight by 1.0% in the first quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock worth $1,106,000 after purchasing an additional 100 shares in the last quarter. Garner Asset Management Corp boosted its stake 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 worth $215,000 after buying an additional 100 shares during the last quarter. Elk River Wealth Management LLC boosted its stake in shares of Church & Dwight by 0.3% during the 2nd 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 last quarter. Kingswood Wealth Advisors LLC grew its holdings in shares of Church & Dwight by 2.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after acquiring an additional 117 shares in the last quarter. Finally, Gateway Advisory LLC increased its position 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 acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CHD has been the subject of a number of analyst reports. Barclays raised their price target on Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a research note on Friday, October 11th. Piper Sandler assumed coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 target price on the stock. Evercore ISI decreased their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a report on Friday, October 11th. Finally, Stifel Nicolaus reduced their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average target price of $107.50.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $102.61 on Friday. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The company’s 50 day moving average price is $102.87 and its two-hundred day moving average price is $104.05. The firm has a market cap of $25.12 billion, a PE ratio of 31.57, a PEG ratio of 3.80 and a beta of 0.54. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 34.77%.

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.