Vanguard Personalized Indexing Management LLC Raises Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 10.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,809 shares of the company’s stock after purchasing an additional 3,440 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Church & Dwight were worth $3,672,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Game Plan Financial Advisors LLC acquired a new position in shares of Church & Dwight in the 1st quarter valued at $26,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the first quarter valued at about $28,000. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight in the first quarter worth about $31,000. Rothschild Investment LLC acquired a new stake in shares of Church & Dwight during the second quarter worth about $31,000. Finally, Creekmur Asset Management LLC purchased a new stake in Church & Dwight in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on CHD shares. Wells Fargo & Company decreased their price objective on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Barclays increased their price target on Church & Dwight from $80.00 to $82.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 6th. Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a report on Monday, September 9th. Truist Financial dropped their target price on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, TD Cowen began coverage on Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target for the company. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $106.58.

Insider Activity

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction 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 $429,179.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $101.58 on Friday. The business’s 50 day moving average price is $102.02 and its 200-day moving average price is $104.19. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. The firm has a market capitalization of $24.87 billion, a PE ratio of 32.25, a P/E/G ratio of 3.55 and a beta of 0.54. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $110.31.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping 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 in the previous year, the business posted $0.92 earnings per share. Church & Dwight’s quarterly revenue was up 3.9% on a year-over-year basis. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were issued a dividend of $0.2838 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.12%. Church & Dwight’s dividend payout ratio is presently 35.87%.

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.