Crew Capital Management Ltd. Takes $376,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Crew Capital Management Ltd. bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,589 shares of the company’s stock, valued at approximately $376,000.

Several other large investors have also recently made changes to their positions in CHD. Crewe Advisors LLC purchased a new position in shares of Church & Dwight during the first quarter valued at approximately $28,000. Rothschild Investment LLC purchased a new position in Church & Dwight in the 2nd quarter worth approximately $31,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Church & Dwight in the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC purchased a new position in Church & Dwight in the 2nd quarter worth approximately $38,000. Finally, Kimelman & Baird LLC purchased a new position in Church & Dwight in the 2nd quarter worth approximately $46,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CHD. Stifel Nicolaus decreased their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Piper Sandler began coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective for the company. Truist Financial decreased their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. BNP Paribas initiated coverage on shares of Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price objective for the company. Finally, 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. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $107.50.

Insiders Place Their Bets

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction 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 owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 0.9 %

CHD traded down $0.92 during trading on Monday, hitting $103.42. The stock had a trading volume of 201,580 shares, compared to its average volume of 1,358,957. The company has a market capitalization of $25.32 billion, a PE ratio of 32.10, a PEG ratio of 3.86 and a beta of 0.54. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $110.31. 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 stock has a 50 day simple moving average of $102.71 and a two-hundred day simple moving average of $104.04.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. Church & Dwight’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the firm earned $0.92 earnings per share. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current 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 paid a $0.2838 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 annualized dividend and a yield of 1.10%. Church & Dwight’s dividend payout ratio (DPR) is 34.77%.

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.