Church & Dwight Co., Inc. (NYSE:CHD) CEO Matthew Farrell Sells 165,823 Shares

Church & Dwight Co., Inc. (NYSE:CHD) CEO Matthew Farrell sold 165,823 shares of the stock in a transaction dated Monday, November 4th. The shares were 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. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Church & Dwight Stock Performance

NYSE CHD opened at $104.13 on Wednesday. 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 business’s 50 day moving average is $102.98 and its two-hundred day moving average is $104.03. The stock has a market capitalization of $25.51 billion, a price-to-earnings ratio of 46.70, a PEG ratio of 3.78 and a beta of 0.55. Church & Dwight Co., Inc. has a 12-month low of $86.23 and a 12-month high of $110.31.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. Church & Dwight’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.74 earnings per share. Research analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight’s payout ratio is currently 50.67%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday. Wells Fargo & Company upped their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday. Truist Financial cut 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. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday. Finally, Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research note on Monday, September 9th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $108.05.

Institutional Investors Weigh In On Church & Dwight

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Performance Advisors LLP purchased a new position in Church & Dwight in the 3rd quarter valued at approximately $27,000. Crewe Advisors LLC acquired a new stake in Church & Dwight in the first quarter valued at $28,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight in the third quarter valued at $28,000. Rothschild Investment LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth $31,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Church & Dwight in the 2nd quarter worth about $33,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

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.