Church & Dwight Co., Inc. (NYSE:CHD) Holdings Decreased by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc trimmed its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 768,396 shares of the company’s stock after selling 28,134 shares during the period. Ensign Peak Advisors Inc owned 0.31% of Church & Dwight worth $79,667,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHD. Game Plan Financial Advisors LLC bought a new stake in shares of Church & Dwight in the 1st quarter worth approximately $26,000. Crewe Advisors LLC bought a new stake in Church & Dwight in the first quarter valued at $28,000. Roble Belko & Company Inc acquired a new position in shares of Church & Dwight during the first quarter valued at $31,000. Rothschild Investment LLC bought a new position in shares of Church & Dwight during the second quarter worth about $31,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of Church & Dwight in the 4th quarter worth about $32,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 1.8 %

Church & Dwight stock opened at $103.40 on Friday. The firm has a market cap of $25.28 billion, a price-to-earnings ratio of 32.83, a price-to-earnings-growth 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. The firm’s 50 day moving average price is $102.00 and its two-hundred day moving average price is $104.23. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53.

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

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s payout ratio is 35.87%.

Insiders Place Their Bets

In other news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president now owns 4,319 shares in the company, valued at $429,179.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on CHD. 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 note on Tuesday, June 11th. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a research report on Monday, August 5th. Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research report on Monday, September 9th. BNP Paribas began coverage on Church & Dwight in a research report on Monday, June 24th. They set a “neutral” rating and a $114.00 price target for the company. Finally, Stifel Nicolaus lowered 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. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given 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.

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.