Texas Yale Capital Corp. Acquires 100 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Texas Yale Capital Corp. raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 1.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,600 shares of the company’s stock after buying an additional 100 shares during the quarter. Texas Yale Capital Corp.’s holdings in Church & Dwight were worth $1,106,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHD. Nomura Holdings Inc. grew its holdings in shares of Church & Dwight by 442.1% in the 4th quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock worth $1,338,000 after purchasing an additional 11,538 shares during the last quarter. Simplicity Solutions LLC grew its holdings in shares of Church & Dwight by 69.5% in the 4th quarter. Simplicity Solutions LLC now owns 26,257 shares of the company’s stock worth $2,483,000 after purchasing an additional 10,762 shares during the last quarter. Cim LLC bought a new stake in shares of Church & Dwight in the 4th quarter worth about $3,188,000. Crown Oak Advisors LLC bought a new stake in shares of Church & Dwight in the 4th quarter worth about $10,142,000. Finally, abrdn plc grew its holdings in shares of Church & Dwight by 35.0% in the 4th quarter. abrdn plc now owns 281,416 shares of the company’s stock worth $26,611,000 after purchasing an additional 73,022 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CHD shares. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Barclays decreased their price objective on shares of Church & Dwight from $83.00 to $82.00 and set an “underweight” rating on the stock in a report on Monday, May 6th. Argus increased their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Evercore ISI increased their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a report on Friday, May 3rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a report on Friday, May 3rd. Three analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $106.65.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the sale, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,104,775. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the sale, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,104,775. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Richard A. Dierker sold 86,740 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The disclosure for this sale can be found here. Insiders have sold 182,346 shares of company stock worth $19,465,948 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Church & Dwight Trading Down 1.0 %

Church & Dwight stock traded down $1.01 during trading hours on Thursday, reaching $102.71. 689,582 shares of the company’s stock traded hands, compared to its average volume of 1,315,225. The firm has a market capitalization of $25.11 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 3.34 and a beta of 0.52. The firm’s 50 day moving average is $106.24 and its 200-day moving average is $103.03. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. Church & Dwight’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company posted $0.85 EPS. On average, analysts predict that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were given a $0.2838 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.11%. Church & Dwight’s dividend payout ratio is 35.87%.

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.