Church & Dwight Co., Inc. (NYSE:CHD) is Crown Oak Advisors LLC’s 4th Largest Position

Crown Oak Advisors LLC lowered its position in Church & Dwight Co., Inc. (NYSE:CHD) by 3.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,298 shares of the company’s stock after selling 3,862 shares during the quarter. Church & Dwight makes up approximately 6.1% of Crown Oak Advisors LLC’s holdings, making the stock its 4th biggest position. Crown Oak Advisors LLC’s holdings in Church & Dwight were worth $10,922,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. American International Group Inc. boosted its stake in shares of Church & Dwight by 0.9% during the 4th quarter. American International Group Inc. now owns 91,726 shares of the company’s stock worth $8,674,000 after acquiring an additional 799 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Church & Dwight by 189.4% in the fourth quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock worth $7,596,000 after buying an additional 52,576 shares during the last quarter. HighPoint Advisor Group LLC acquired a new stake in shares of Church & Dwight in the fourth quarter worth $255,000. Nomura Holdings Inc. boosted its holdings in shares of Church & Dwight by 442.1% during the 4th quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock worth $1,338,000 after buying an additional 11,538 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new position in Church & Dwight in the 4th quarter worth $35,000. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the 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 sale, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE CHD traded up $0.03 during midday trading on Thursday, reaching $104.69. 38,900 shares of the company traded hands, compared to its average volume of 1,358,872. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 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’s 50-day simple moving average is $102.61 and its 200-day simple moving average is $104.04. The firm has a market cap of $25.60 billion, a PE ratio of 33.23, a PEG ratio of 3.81 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.09. The firm 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%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $0.92 EPS. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were issued 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 yield of 1.08%. Church & Dwight’s dividend payout ratio is 35.87%.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent analyst reports. Truist Financial decreased their price target 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. Stifel Nicolaus lowered their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Piper Sandler began coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target on the stock. BNP Paribas assumed coverage on shares of Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $107.50.

Church & Dwight 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.