S&CO Inc. Acquires 4,705 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

S&CO Inc. increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.7% in the third quarter, Holdings Channel reports. The institutional investor owned 652,621 shares of the company’s stock after buying an additional 4,705 shares during the period. Church & Dwight makes up 4.5% of S&CO Inc.’s holdings, making the stock its 2nd largest holding. S&CO Inc.’s holdings in Church & Dwight were worth $68,342,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the 3rd quarter worth $28,000. Crewe Advisors LLC bought a new position in shares of Church & Dwight in the first quarter worth $28,000. Rothschild Investment LLC acquired a new position in Church & Dwight in the second quarter valued at about $31,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Church & Dwight during the second quarter worth about $33,000. 86.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CHD. TD Cowen boosted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays lowered their price objective on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a report on Monday, September 9th. Stifel Nicolaus lowered 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. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $108.53.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,704,740.96. This represents a 72.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the sale, the director now owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 490,613 shares of company stock worth $50,858,457 over the last three months. 2.00% of the stock is owned by company insiders.

Church & Dwight Price Performance

Shares of NYSE:CHD opened at $109.02 on Friday. The firm has a market cap of $26.71 billion, a PE ratio of 48.89, a price-to-earnings-growth ratio of 3.99 and a beta of 0.55. Church & Dwight Co., Inc. has a 52 week low of $90.26 and a 52 week high of $110.31. The firm’s fifty day moving average is $103.48 and its 200-day moving average is $104.03. 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 (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the company posted $0.74 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 50.67%.

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.