Church & Dwight (NYSE:CHD) CEO Richard Dierker Sells 83,340 Shares of Company Stock

Church & Dwight Co., Inc. (NYSE:CHD) CEO Richard Dierker sold 83,340 shares of the business’s stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $109.59, for a total transaction of $9,133,230.60. Following the transaction, the chief executive officer owned 38,659 shares in the company, valued at $4,236,639.81. The trade was a 68.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Church & Dwight Stock Down 1.2%

Shares of NYSE CHD opened at $109.15 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.96 and a debt-to-equity ratio of 0.40. The firm has a market cap of $25.76 billion, a PE ratio of 33.58, a P/E/G ratio of 3.94 and a beta of 0.45. The company’s fifty day simple moving average is $99.63 and its 200 day simple moving average is $97.87. Church & Dwight Co., Inc. has a 12-month low of $81.49 and a 12-month high of $111.23.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, October 30th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.02. Church & Dwight had a net margin of 12.41% and a return on equity of 20.28%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. The business’s revenue was up 1.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.77 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be paid a $0.3075 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.23 annualized dividend and a dividend yield of 1.1%. Church & Dwight’s dividend payout ratio (DPR) is currently 37.85%.

Institutional Trading of Church & Dwight

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Candriam S.C.A. raised its position in Church & Dwight by 7.8% in the 3rd quarter. Candriam S.C.A. now owns 279,262 shares of the company’s stock valued at $26,408,000 after buying an additional 20,133 shares during the last quarter. Calamos Advisors LLC boosted its holdings in Church & Dwight by 2.1% during the 3rd quarter. Calamos Advisors LLC now owns 93,307 shares of the company’s stock worth $8,791,000 after acquiring an additional 1,888 shares during the last quarter. Principle Wealth Partners LLC raised its holdings in shares of Church & Dwight by 2.1% in the third quarter. Principle Wealth Partners LLC now owns 4,900 shares of the company’s stock valued at $462,000 after purchasing an additional 100 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in Church & Dwight by 11.9% during the third quarter. Kestra Advisory Services LLC now owns 43,249 shares of the company’s stock worth $4,075,000 after purchasing an additional 4,606 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its position in Church & Dwight by 176.1% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 392 shares of the company’s stock worth $37,000 after purchasing an additional 250 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

CHD has been the topic of a number of research reports. UBS Group upped their price target on Church & Dwight from $106.00 to $112.00 and gave the stock a “neutral” rating in a research note on Monday. Barclays raised their price objective on Church & Dwight from $83.00 to $89.00 and gave the company an “underweight” rating in a research note on Tuesday. Oppenheimer boosted their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, October 28th. JPMorgan Chase & Co. upped their target price on Church & Dwight from $105.00 to $109.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Morgan Stanley increased their target price on Church & Dwight from $112.00 to $117.00 and gave the stock an “equal weight” rating in a report on Monday. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Church & Dwight currently has an average rating of “Hold” and a consensus target price of $108.44.

Church & Dwight News Summary

Here are the key news stories impacting Church & Dwight this week:

• Positive Sentiment: Analysts have raised price targets and issued positive commentary. Wells Fargo reiterated an overweight rating and raised its target to $115; Morgan Stanley lifted its target to $117, while Citigroup and JPMorgan also increased their targets. Wells Fargo rating
• Positive Sentiment: The recent analyst optimism follows a Q3 earnings beat: CHD reported $0.92 per share versus $0.90 expected and revenue of $1.60 billion versus $1.58 billion expected. The company also raised its sales outlook and announced a $1 billion share repurchase program, supporting the growth and capital-return outlook. Analyst forecasts after Q3 results
• Neutral Sentiment: Several target increases came with neutral or equal-weight ratings, and the targets cluster near the recently cited share price. That suggests improved estimates, but not unanimous expectations of substantial further gains.
• Negative Sentiment: Barclays maintained an underweight rating despite raising its target to $89, signaling a notably more cautious view than other analysts. Barclays rating and target
• Negative Sentiment: Director Bradley Irwin sold 4,300 shares for about $475,000, reducing his direct holdings by 10.76%. He retained 35,674 shares, and the filing did not give a reason for the sale. SEC insider transaction filing

About Church & Dwight

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.