Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,651 shares of the company’s stock after selling 1,342 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Church & Dwight were worth $5,666,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. Game Plan Financial Advisors LLC purchased a new position in shares of Church & Dwight during the 1st quarter worth $26,000. Crewe Advisors LLC purchased a new position in shares of Church & Dwight during the 1st quarter worth $28,000. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight during the 1st quarter worth $31,000. Creekmur Asset Management LLC purchased a new position in shares of Church & Dwight during the 4th quarter worth $32,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Church & Dwight during the 4th quarter worth $35,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $101.57 on Thursday. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company has a market cap of $24.84 billion, a PE ratio of 32.24, a P/E/G ratio of 3.44 and a beta of 0.52. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The business has a 50-day simple moving average of $102.55 and a 200-day simple moving average of $103.67.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, August 2nd. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $1.51 billion. During the same period in the previous year, the company posted $0.92 earnings per share. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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

Insider Activity at Church & Dwight

In related news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of $107.67, for a total value of $2,153,400.00. Following the completion of the transaction, the director now directly owns 13,793 shares of the company’s stock, valued at $1,485,092.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now owns 4,319 shares in the company, valued at $429,179.03. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 4th. The shares were sold at an average price of $107.67, for a total value of $2,153,400.00. Following the completion of the sale, the director now owns 13,793 shares of the company’s stock, valued at approximately $1,485,092.31. The disclosure for this sale can be found here. Insiders sold 220,722 shares of company stock valued at $23,139,816 over the last three months. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CHD has been the topic of several analyst reports. Evercore ISI reduced their price target 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. Stifel Nicolaus reduced their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. HSBC boosted their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a report on Friday, May 3rd. Truist Financial reduced their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, Argus boosted their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and an average price target of $106.58.

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.