Occidental Asset Management LLC Has $1.39 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Occidental Asset Management LLC lessened its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,289 shares of the company’s stock after selling 896 shares during the quarter. Occidental Asset Management LLC’s holdings in Church & Dwight were worth $1,386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHD. WD Rutherford LLC boosted its stake in Church & Dwight by 0.4% during the 1st quarter. WD Rutherford LLC now owns 35,385 shares of the company’s stock valued at $3,691,000 after purchasing an additional 140 shares during the period. Kathmere Capital Management LLC boosted its position in shares of Church & Dwight by 13.0% in the first quarter. Kathmere Capital Management LLC now owns 4,217 shares of the company’s stock valued at $440,000 after acquiring an additional 485 shares during the period. Indiana Trust & Investment Management CO grew its stake in shares of Church & Dwight by 1,028.0% in the first quarter. Indiana Trust & Investment Management CO now owns 1,128 shares of the company’s stock worth $118,000 after acquiring an additional 1,028 shares during the last quarter. Chesley Taft & Associates LLC increased its position in Church & Dwight by 1.2% during the first quarter. Chesley Taft & Associates LLC now owns 90,349 shares of the company’s stock worth $9,424,000 after acquiring an additional 1,115 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Church & Dwight by 19.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,994 shares of the company’s stock valued at $2,190,000 after purchasing an additional 3,388 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on CHD. BNP Paribas began coverage on shares of Church & Dwight in a report on Monday, June 24th. They set a “neutral” rating and a $114.00 price objective on the stock. Truist Financial raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Bank of America boosted their price objective on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research report on Monday, April 15th. HSBC raised their target price on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. Finally, The Goldman Sachs Group began coverage on shares of Church & Dwight in a report on Friday, March 1st. They issued a “buy” rating and a $110.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $106.65.

Church & Dwight Price Performance

Shares of Church & Dwight stock traded down $0.33 during trading on Friday, reaching $103.68. The company’s stock had a trading volume of 6,988,946 shares, compared to its average volume of 1,295,333. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The stock has a 50-day moving average price of $106.79 and a two-hundred day moving average price of $101.90. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $25.35 billion, a P/E ratio of 32.90, a price-to-earnings-growth ratio of 3.39 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last announced its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the business earned $0.85 earnings per share. Church & Dwight’s quarterly revenue was up 5.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. Church & Dwight’s payout ratio is currently 35.87%.

Insider Activity

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the sale, the director now directly owns 25,692 shares of the company’s stock, valued at approximately $2,709,735.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Maynadier Patrick D. De sold 54,654 shares of Church & Dwight stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,104,775. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $105.47, for a total value of $817,603.44. Following the completion of the transaction, the director now directly owns 25,692 shares in the company, valued at approximately $2,709,735.24. The disclosure for this sale can be found here. Insiders have sold 182,346 shares of company stock valued at $19,465,948 over the last 90 days. 2.00% of the stock is owned by company insiders.

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.