Private Advisor Group LLC Sells 20,698 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Private Advisor Group LLC cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 59.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,979 shares of the company’s stock after selling 20,698 shares during the quarter. Private Advisor Group LLC’s holdings in Church & Dwight were worth $1,464,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Crewe Advisors LLC bought a new stake in shares of Church & Dwight during the 1st quarter valued at approximately $28,000. Rothschild Investment LLC bought a new stake in Church & Dwight during the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Church & Dwight in the 2nd quarter valued at approximately $33,000. Strategic Financial Concepts LLC acquired a new position in Church & Dwight in the 2nd quarter valued at approximately $38,000. Finally, Kimelman & Baird LLC acquired a new position in Church & Dwight in the 2nd quarter valued at approximately $46,000. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on CHD. Wells Fargo & Company decreased their price target on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. Barclays upped their price target on shares of Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a research report on Friday, October 11th. TD Cowen began coverage on shares of Church & Dwight in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target for the company. Piper Sandler began coverage on shares of Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company. Finally, Truist Financial decreased their price target 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. Three equities research analysts have rated the stock with a sell rating, nine 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 target price of $107.50.

Church & Dwight Stock Down 0.1 %

Shares of NYSE CHD opened at $100.52 on Thursday. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The firm has a market cap of $24.61 billion, a PE ratio of 30.93, a P/E/G ratio of 3.72 and a beta of 0.54. The company’s fifty day simple moving average is $102.90 and its 200 day simple moving average is $104.03. The company has a quick ratio of 0.98, a current ratio of 1.53 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. As a group, sell-side analysts forecast 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 will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.13%. Church & Dwight’s dividend payout ratio (DPR) is 34.77%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at $429,179.03. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.40% of the company’s stock.

Church & Dwight Company 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.