Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,783 shares of the company’s stock after selling 315 shares during the quarter. Church & Dwight comprises approximately 1.2% of LaFleur & Godfrey LLC’s holdings, making the stock its 29th biggest holding. LaFleur & Godfrey LLC’s holdings in Church & Dwight were worth $8,564,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Nomura Holdings Inc. increased its position in Church & Dwight by 442.1% during the 4th quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock worth $1,338,000 after purchasing an additional 11,538 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Church & Dwight by 13.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock valued at $35,755,000 after acquiring an additional 39,695 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Church & Dwight by 12.8% during the 1st quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock valued at $21,798,000 after acquiring an additional 23,754 shares in the last quarter. Wellington Management Group LLP boosted its position in Church & Dwight by 189.4% during the 4th quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock worth $7,596,000 after purchasing an additional 52,576 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in Church & Dwight by 74.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock valued at $7,032,000 after purchasing an additional 28,986 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Price Performance

Shares of CHD stock traded down $0.29 during midday trading on Wednesday, reaching $104.06. 242,877 shares of the company were exchanged, compared to its average volume of 1,361,388. The company’s 50 day moving average price is $102.55 and its two-hundred day moving average price is $104.03. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The company has a market cap of $25.45 billion, a P/E ratio of 33.14, a PEG ratio of 3.81 and a beta of 0.54. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31.

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

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, August 15th. Church & Dwight’s dividend payout ratio is presently 35.87%.

Insider Buying and Selling

In other news, EVP Barry A. Bruno sold 59,328 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CHD. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a report on Monday, September 9th. Evercore ISI decreased their target price 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. Truist Financial dropped their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Finally, BNP Paribas started coverage on Church & Dwight in a research note on Monday, June 24th. They set a “neutral” rating and a $114.00 target price for the company. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $107.50.

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.