EP Wealth Advisors LLC Has $255,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

EP Wealth Advisors LLC lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 34.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,459 shares of the company’s stock after selling 1,264 shares during the period. EP Wealth Advisors LLC’s holdings in Church & Dwight were worth $255,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CHD. Texas Yale Capital Corp. grew its stake in shares of Church & Dwight by 1.0% during the first quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock valued at $1,106,000 after purchasing an additional 100 shares during the last quarter. Garner Asset Management Corp raised its holdings in shares of Church & Dwight by 5.1% during the first quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock worth $215,000 after acquiring an additional 100 shares during the period. Elk River Wealth Management LLC increased its stake in Church & Dwight by 0.3% in the 2nd quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock valued at $3,595,000 after buying an additional 114 shares during the last quarter. Kingswood Wealth Advisors LLC increased its stake in Church & Dwight by 2.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after buying an additional 117 shares during the last quarter. Finally, Sovereign Financial Group Inc. increased its stake in shares of Church & Dwight by 0.7% during the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after purchasing an additional 120 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Wall Street Analyst Weigh In

CHD has been the subject of several research analyst reports. Piper Sandler initiated coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 target price for the company. Truist Financial dropped their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research report on Monday, September 9th. Argus boosted their target price on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Finally, TD Cowen initiated coverage on shares of Church & Dwight in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $107.25.

Church & Dwight Stock Down 0.3 %

Church & Dwight stock opened at $101.03 on Friday. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31. The firm has a market capitalization of $24.70 billion, a price-to-earnings ratio of 32.07, a price-to-earnings-growth ratio of 3.82 and a beta of 0.54. The firm’s fifty day moving average price is $102.35 and its two-hundred day moving average price is $104.16. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the firm earned $0.92 earnings per share. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.00% of the company’s stock.

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.