Boston Trust Walden Corp Reduces Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Boston Trust Walden Corp lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 197,501 shares of the company’s stock after selling 2,229 shares during the quarter. Boston Trust Walden Corp owned about 0.08% of Church & Dwight worth $20,682,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Capital International Investors grew its holdings in Church & Dwight by 1.0% during the 1st quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock valued at $948,968,000 after purchasing an additional 92,862 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Church & Dwight by 2.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 7,586,482 shares of the company’s stock worth $786,566,000 after acquiring an additional 153,127 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Church & Dwight by 5.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after acquiring an additional 175,221 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Church & Dwight by 1.8% in the first quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock valued at $186,028,000 after purchasing an additional 31,145 shares during the last quarter. Finally, Millennium Management LLC grew its stake in Church & Dwight by 1,617.3% during the 2nd quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock valued at $134,043,000 after purchasing an additional 1,217,568 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction dated 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 sale, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $429,179.03. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CHD. Barclays increased their target price on Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a research note on Friday, October 11th. TD Cowen initiated coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price objective for the company. Stifel Nicolaus reduced their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. JPMorgan Chase & Co. boosted their price objective on Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a report on Friday, October 11th. Finally, Wells Fargo & Company reduced their target price on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.50.

Church & Dwight Price Performance

Shares of CHD opened at $100.84 on Friday. The firm has a market capitalization of $24.69 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 3.80 and a beta of 0.54. The stock’s fifty day moving average is $102.94 and its 200-day moving average is $104.05. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year 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.

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

Church & Dwight Announces Dividend

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