DE Burlo Group Inc. Lowers Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

DE Burlo Group Inc. decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,796 shares of the company’s stock after selling 1,600 shares during the period. DE Burlo Group Inc.’s holdings in Church & Dwight were worth $3,297,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in CHD. Texas Yale Capital Corp. grew its position in Church & Dwight by 1.0% during the first quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock valued at $1,106,000 after acquiring an additional 100 shares during the period. Garner Asset Management Corp increased its position in 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 purchasing an additional 100 shares in the last quarter. Elk River Wealth Management LLC raised its holdings in Church & Dwight by 0.3% in the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock valued at $3,595,000 after buying an additional 114 shares during the period. Kingswood Wealth Advisors LLC lifted its position in Church & Dwight by 2.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after buying an additional 117 shares in the last quarter. Finally, Sovereign Financial Group Inc. grew its stake in Church & Dwight by 0.7% during the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after buying an additional 120 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 0.2 %

Church & Dwight stock opened at $102.95 on Thursday. The firm has a market capitalization of $25.20 billion, a P/E ratio of 32.68, a P/E/G ratio of 3.81 and a beta of 0.54. The company has a 50-day simple moving average of $102.06 and a 200-day simple moving average of $104.23. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. The business had revenue of $1.51 billion during 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 business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 EPS. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio is currently 35.87%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Truist Financial reduced their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Argus increased their target price on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th. Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a research report on Monday, September 9th. Stifel Nicolaus lowered their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. Finally, BNP Paribas began coverage on shares of Church & Dwight in a research report on Monday, June 24th. They set a “neutral” rating and a $114.00 target price on the stock. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $107.25.

Church & Dwight 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.