PFG Advisors Sells 2,409 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

PFG Advisors reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 7.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 30,526 shares of the company’s stock after selling 2,409 shares during the period. PFG Advisors’ holdings in Church & Dwight were worth $3,197,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Texas Yale Capital Corp. grew its holdings in Church & Dwight by 1.0% during the first quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock worth $1,106,000 after buying an additional 100 shares in the last quarter. Garner Asset Management Corp grew its stake in shares of Church & Dwight by 5.1% in the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock worth $215,000 after acquiring an additional 100 shares in the last quarter. Elk River Wealth Management LLC raised its holdings in shares of Church & Dwight by 0.3% in the second quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock valued at $3,595,000 after purchasing an additional 114 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of Church & Dwight by 2.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after purchasing an additional 117 shares in the last quarter. Finally, Sovereign Financial Group Inc. boosted its holdings in Church & Dwight by 0.7% during the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after purchasing an additional 120 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CHD has been the subject of several analyst reports. Piper Sandler started coverage on shares of Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective for the company. Stifel Nicolaus dropped their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Barclays boosted their price objective on Church & Dwight from $82.00 to $86.00 and gave the stock an “underweight” rating in a research report on Friday, October 11th. Truist Financial decreased their target price on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Finally, TD Cowen initiated coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price target on the stock. Three 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. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and a consensus target price of $107.50.

Church & Dwight Stock Performance

NYSE:CHD opened at $104.66 on Thursday. The business’s fifty day moving average is $102.61 and its 200 day moving average is $104.04. The firm has a market cap of $25.59 billion, a price-to-earnings ratio of 33.23, a PEG ratio of 3.81 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 Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31.

Church & Dwight (NYSE:CHD) last announced its quarterly 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. 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 for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. Research analysts predict that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Insider Transactions at Church & Dwight

In related news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight 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 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 Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% 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.