Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Evergreen Capital Management LLC

Evergreen Capital Management LLC grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,840 shares of the company’s stock after purchasing an additional 225 shares during the quarter. Evergreen Capital Management LLC’s holdings in Church & Dwight were worth $398,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Game Plan Financial Advisors LLC acquired a new stake in Church & Dwight in the first quarter valued at $26,000. Crewe Advisors LLC purchased a new position in shares of Church & Dwight in the 1st quarter valued at about $28,000. Roble Belko & Company Inc acquired a new stake in shares of Church & Dwight during the 1st quarter worth about $31,000. Rothschild Investment LLC purchased a new stake in Church & Dwight during the second quarter worth approximately $31,000. Finally, Creekmur Asset Management LLC purchased a new stake in Church & Dwight during the fourth quarter worth approximately $32,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CHD has been the topic of a number of research analyst reports. Wells Fargo & Company cut their price objective on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. BNP Paribas initiated coverage on shares of Church & Dwight in a research note on Monday, June 24th. They set a “neutral” rating and a $114.00 price target on the stock. Barclays upped their price objective on shares of Church & Dwight from $80.00 to $82.00 and gave the company an “underweight” rating in a research note on Tuesday, August 6th. Evercore ISI cut 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. Finally, Piper Sandler assumed coverage on Church & Dwight in a research report on Tuesday. They issued an “overweight” rating and a $120.00 target price for the company. Three equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $107.25.

Church & Dwight Trading Down 0.0 %

NYSE CHD opened at $102.91 on Friday. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31. The firm has a 50-day moving average price of $102.05 and a 200 day moving average price of $104.22. The stock has a market capitalization of $25.19 billion, a P/E ratio of 32.67, a P/E/G ratio of 3.81 and a beta of 0.54. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51.

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

Church & Dwight Announces Dividend

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 dividend of $0.2838 per share. The ex-dividend date was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Activity

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.00% of the company’s stock.

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.