Diversified Trust Co Takes $278,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Diversified Trust Co bought a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 2,650 shares of the company’s stock, valued at approximately $278,000.

A number of other large investors have also bought and sold shares of the stock. Texas Yale Capital Corp. boosted its position in shares of Church & Dwight by 1.0% during the 1st 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 increased its holdings in shares of Church & Dwight by 5.1% during the first quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after acquiring an additional 100 shares in the last quarter. Elk River Wealth Management LLC raised its position in shares of Church & Dwight by 0.3% during the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock worth $3,595,000 after purchasing an additional 114 shares during the period. Kingswood Wealth Advisors LLC lifted 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 worth $516,000 after purchasing an additional 117 shares in the last quarter. Finally, Sovereign Financial Group Inc. grew its position in Church & Dwight by 0.7% in the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock valued at $1,819,000 after purchasing an additional 120 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Shares of CHD opened at $101.65 on Friday. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $110.31. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. The stock’s fifty day moving average price is $102.37 and its two-hundred day moving average price is $104.04. The firm has a market cap of $24.86 billion, a PE ratio of 32.27, a PEG ratio of 3.72 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.84 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The company’s revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a $0.2838 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. Church & Dwight’s dividend payout ratio is 35.87%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a report on Friday. Stifel Nicolaus dropped their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. Truist Financial decreased their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. Evercore ISI dropped their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Finally, Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research report on Monday, September 9th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and a consensus price target of $107.50.

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.