Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by JGP Wealth Management LLC

JGP Wealth Management LLC raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,101 shares of the company’s stock after purchasing an additional 815 shares during the period. JGP Wealth Management LLC’s holdings in Church & Dwight were worth $7,550,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Game Plan Financial Advisors LLC acquired a new position in shares of Church & Dwight in the 1st quarter valued at about $26,000. Crewe Advisors LLC acquired a new position in Church & Dwight during the first quarter worth $28,000. Roble Belko & Company Inc acquired a new stake in shares of Church & Dwight in the first quarter valued at $31,000. Rothschild Investment LLC bought a new position in Church & Dwight during the second quarter worth about $31,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Church & Dwight during the 2nd quarter valued at about $33,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were 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 directly owns 4,319 shares in the company, valued at $429,179.03. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.00% of the stock is owned by company insiders.

Church & Dwight Stock Performance

CHD traded up $1.02 during midday trading on Friday, reaching $101.24. The company’s stock had a trading volume of 288,988 shares, compared to its average volume of 1,364,628. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $110.31. The stock has a market cap of $24.79 billion, a P/E ratio of 31.15, a PEG ratio of 3.72 and a beta of 0.54. The company has a fifty day simple moving average of $102.37 and a 200 day simple moving average of $104.04. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.92 earnings per share. Research analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Thursday, August 15th. Church & Dwight’s dividend payout ratio is currently 34.77%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Truist Financial lowered their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Barclays lifted their target price on Church & Dwight from $82.00 to $86.00 and gave the stock an “underweight” rating in a report on Friday. Stifel Nicolaus reduced their price objective on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. TD Cowen began coverage on Church & Dwight in a research report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 target price on the stock. Finally, Evercore ISI lowered their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research note on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.