Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. increased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,327 shares of the company’s stock after purchasing an additional 203 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Church & Dwight were worth $18,046,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the first quarter valued at approximately $28,000. Rothschild Investment LLC purchased a new position in shares of Church & Dwight during the 2nd quarter worth $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight during the second quarter worth $33,000. Strategic Financial Concepts LLC purchased a new stake in shares of Church & Dwight in the second quarter valued at $38,000. Finally, Kimelman & Baird LLC acquired a new position in Church & Dwight in the second quarter valued at $46,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 1.1 %

Shares of CHD opened at $104.13 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a one year low of $86.23 and a one year high of $110.31. The stock has a 50-day moving average price of $102.98 and a 200 day moving average price of $104.03. The company has a market capitalization of $25.51 billion, a P/E ratio of 46.70, a P/E/G ratio of 3.78 and a beta of 0.55.

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

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders 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 dividend yield of 1.09%. Church & Dwight’s payout ratio is 50.67%.

Insider Buying and Selling

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, Director Arthur B. Winkleblack sold 11,590 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on CHD shares. Barclays lowered their price target on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday. Piper Sandler initiated coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Wells Fargo & Company lifted their target price on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a report on Monday. Finally, Stifel Nicolaus dropped their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $108.05.

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.