Beaumont Financial Advisors LLC Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

Beaumont Financial Advisors LLC purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,977 shares of the company’s stock, valued at approximately $312,000.

Several other large investors have also recently made changes to their positions in CHD. Capital Performance Advisors LLP acquired a new stake in Church & Dwight during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight in the third quarter worth about $28,000. Versant Capital Management Inc boosted its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Kimelman & Baird LLC acquired a new stake in Church & Dwight in the 2nd quarter valued at about $46,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $106.64 on Thursday. The stock has a market capitalization of $26.13 billion, a price-to-earnings ratio of 47.82, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The business has a 50-day moving average of $106.81 and a 200 day moving average of $104.05. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the firm posted $0.74 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Friday, November 15th. Church & Dwight’s payout ratio is currently 50.67%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Barclays boosted their target price on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday, January 17th. Stifel Nicolaus dropped their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday, January 17th. Piper Sandler lifted their price target on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $110.61.

Insider Activity at Church & Dwight

In other news, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read bought 1,100 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders sold 593,035 shares of company stock worth $62,282,808. Company insiders own 2.00% of the company’s stock.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.