LaFleur & Godfrey LLC Trims Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

LaFleur & Godfrey LLC decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 88,579 shares of the company’s stock after selling 380 shares during the period. Church & Dwight makes up about 1.2% of LaFleur & Godfrey LLC’s holdings, making the stock its 26th biggest position. LaFleur & Godfrey LLC’s holdings in Church & Dwight were worth $8,376,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gateway Advisory LLC raised its stake in Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after purchasing an additional 120 shares during the period. Veritable L.P. raised its position in shares of Church & Dwight by 1.6% during the first quarter. Veritable L.P. now owns 7,718 shares of the company’s stock valued at $682,000 after buying an additional 122 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of Church & Dwight by 2.0% during the second quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company’s stock valued at $646,000 after buying an additional 124 shares during the last quarter. Drive Wealth Management LLC raised its position in shares of Church & Dwight by 6.9% during the third quarter. Drive Wealth Management LLC now owns 2,234 shares of the company’s stock valued at $205,000 after buying an additional 145 shares during the last quarter. Finally, Capstone Triton Financial Group LLC raised its position in Church & Dwight by 1.3% in the third quarter. Capstone Triton Financial Group LLC now owns 11,435 shares of the company’s stock worth $1,048,000 after purchasing an additional 146 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.1 %

Shares of CHD traded up $0.06 during mid-day trading on Thursday, reaching $104.27. The company’s stock had a trading volume of 485,888 shares, compared to its average volume of 1,277,519. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $105.67. The company’s fifty day moving average price is $100.64 and its two-hundred day moving average price is $95.41. The stock has a market cap of $25.43 billion, a PE ratio of 34.29, a P/E/G ratio of 3.54 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.65. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.62 EPS. On average, analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a $0.2838 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio is currently 37.17%.

Insider Transactions at Church & Dwight

In related news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock valued at $38,603,796 in the last three months. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CHD. Citigroup cut shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $90.00 price objective on the stock. in a research note on Wednesday, December 13th. Royal Bank of Canada increased their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research note on Monday, February 5th. Bank of America raised shares of Church & Dwight from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $85.00 to $100.00 in a research note on Friday, December 15th. Argus raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Friday, February 23rd. Finally, The Goldman Sachs Group began coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $102.80.

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.