Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Sunbelt Securities Inc.

Sunbelt Securities Inc. decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,848 shares of the company’s stock after selling 128 shares during the quarter. Sunbelt Securities Inc.’s holdings in Church & Dwight were worth $508,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CHD. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new stake in shares of Church & Dwight during the third quarter valued at about $28,000. Rothschild Investment LLC purchased a new stake in shares of Church & Dwight during the second quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight in the second quarter worth about $33,000. Finally, Strategic Financial Concepts LLC purchased a new position in Church & Dwight in the second quarter valued at about $38,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight 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 completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 583,035 shares of company stock valued at $61,221,708. 2.00% of the stock is owned by insiders.

Church & Dwight Price Performance

Shares of CHD opened at $105.33 on Friday. The firm has a market capitalization of $25.81 billion, a price-to-earnings ratio of 47.23, a price-to-earnings-growth ratio of 3.86 and a beta of 0.57. The stock’s fifty day moving average is $105.60 and its 200-day moving average is $104.42. Church & Dwight Co., Inc. has a one year low of $90.26 and a one year high of $113.50. 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 (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $0.74 earnings per share. Equities analysts anticipate that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Piper Sandler began coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Barclays cut their target price on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. lifted their price target on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research note on Monday, November 4th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $108.53.

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.