Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Folger Nolan Fleming Douglas Capital Management Inc.

Folger Nolan Fleming Douglas Capital Management Inc. decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 142,086 shares of the company’s stock after selling 2,496 shares during the period. Church & Dwight accounts for 1.5% of Folger Nolan Fleming Douglas Capital Management Inc.’s portfolio, making the stock its 17th largest position. Folger Nolan Fleming Douglas Capital Management Inc. owned about 0.06% of Church & Dwight worth $14,879,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Crewe Advisors LLC purchased a new position in shares of Church & Dwight in the 1st quarter worth $28,000. Rothschild Investment LLC purchased a new position in shares of Church & Dwight in the 2nd quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight in the 2nd quarter valued at about $33,000. Strategic Financial Concepts LLC purchased a new stake in shares of Church & Dwight during the 2nd quarter worth about $38,000. Finally, Kimelman & Baird LLC acquired a new stake in Church & Dwight during the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Down 0.1 %

NYSE:CHD opened at $100.52 on Thursday. The stock has a 50-day simple moving average of $102.90 and a 200 day simple moving average of $104.03. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company has a market capitalization of $24.61 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 3.72 and a beta of 0.54. 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, 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 business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the business earned $0.92 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.13%. Church & Dwight’s dividend payout ratio (DPR) is presently 34.77%.

Wall Street Analyst Weigh In

Several research firms have issued reports on CHD. Piper Sandler started coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. TD Cowen started coverage on Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target for the company. Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective on the stock. in a research report on Monday, September 9th. Truist Financial lowered their target price on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Finally, Evercore ISI decreased their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company 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 given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $107.50.

Insider Activity at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was 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 owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

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.