Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Larson Financial Group LLC

Larson Financial Group LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 149.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,730 shares of the company’s stock after buying an additional 1,635 shares during the quarter. Larson Financial Group LLC’s holdings in Church & Dwight were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. Amalgamated Bank raised its stake in shares of Church & Dwight by 0.8% during the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock worth $5,242,000 after purchasing an additional 394 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Church & Dwight by 74.6% in the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock valued at $7,032,000 after purchasing an additional 28,986 shares during the last quarter. Tidal Investments LLC boosted its stake in shares of Church & Dwight by 160.1% during the first quarter. Tidal Investments LLC now owns 23,530 shares of the company’s stock valued at $2,454,000 after acquiring an additional 14,483 shares during the last quarter. Addenda Capital Inc. boosted its stake in shares of Church & Dwight by 12.7% during the second quarter. Addenda Capital Inc. now owns 56,723 shares of the company’s stock valued at $5,881,000 after acquiring an additional 6,389 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Church & Dwight by 12.4% during the second quarter. Hsbc Holdings PLC now owns 803,588 shares of the company’s stock valued at $83,249,000 after acquiring an additional 88,580 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Activity

In other news, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,613,438.57. This trade represents a 59.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 543,513 shares of company stock worth $56,795,253 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Stock Down 0.0 %

Shares of NYSE CHD opened at $110.34 on Thursday. The stock has a fifty day moving average price of $104.56 and a 200 day moving average price of $104.29. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company has a market cap of $27.03 billion, a P/E ratio of 49.48, a P/E/G ratio of 4.04 and a beta of 0.55. Church & Dwight Co., Inc. has a 12-month low of $90.26 and a 12-month high of $113.50.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $0.74 earnings per share. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

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 paid a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.03%. Church & Dwight’s dividend payout ratio is presently 50.67%.

Analyst Ratings Changes

CHD has been the topic of a number of analyst reports. Stifel Nicolaus decreased their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, August 5th. Evercore ISI reduced their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. Truist Financial reduced their target price on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Barclays reduced their target price on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. increased their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday, November 4th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target 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.