Wedmont Private Capital Buys 244 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Wedmont Private Capital increased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,113 shares of the company’s stock after purchasing an additional 244 shares during the quarter. Wedmont Private Capital’s holdings in Church & Dwight were worth $428,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CHD. Texas Yale Capital Corp. raised its position in Church & Dwight by 1.0% in the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock valued at $1,106,000 after purchasing an additional 100 shares during the last quarter. Garner Asset Management Corp grew its position in shares of Church & Dwight by 5.1% during the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock worth $215,000 after buying an additional 100 shares during the period. Kingswood Wealth Advisors LLC boosted its stake in Church & Dwight by 2.4% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock worth $516,000 after acquiring an additional 117 shares during the last quarter. Sovereign Financial Group Inc. grew its holdings in Church & Dwight by 0.7% during the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock valued at $1,819,000 after purchasing an additional 120 shares during the period. Finally, Reynders McVeigh Capital Management LLC increased its stake in Church & Dwight by 0.4% in the first quarter. Reynders McVeigh Capital Management LLC now owns 35,359 shares of the company’s stock valued at $3,689,000 after purchasing an additional 125 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the business’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $107.67, for a total value of $2,153,400.00. Following the transaction, the director now directly owns 13,793 shares in the company, valued at $1,485,092.31. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, EVP Barry A. Bruno sold 59,328 shares of the firm’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 value of $5,895,423.36. Following the completion of the transaction, the executive vice president now directly 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 is available through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the company’s stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $107.67, for a total value of $2,153,400.00. Following the completion of the transaction, the director now owns 13,793 shares in the company, valued at $1,485,092.31. The disclosure for this sale can be found here. In the last ninety days, insiders sold 220,722 shares of company stock valued at $23,139,816. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CHD. Stifel Nicolaus cut their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, August 5th. Argus boosted their target price on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Evercore ISI cut their price target on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research note on Monday, August 5th. TD Cowen assumed coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 target price on the stock. Finally, Bank of America raised 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. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $106.58.

Church & Dwight Trading Down 0.6 %

Shares of NYSE:CHD traded down $0.62 during mid-day trading on Tuesday, reaching $100.19. 1,378,039 shares of the company’s stock were exchanged, compared to its average volume of 1,374,758. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 31.78, a PEG ratio of 3.45 and a beta of 0.52. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $110.31. The business’s fifty day moving average price is $104.20 and its 200-day moving average price is $103.60. 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 released its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the business earned $0.92 earnings per share. Church & Dwight’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th will be issued a $0.2838 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.13%. Church & Dwight’s dividend payout ratio is presently 35.87%.

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.