Maynadier Patrick D. De Sells 54,510 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Church & Dwight Price Performance

NYSE:CHD opened at $112.24 on Wednesday. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. The company has a market cap of $27.61 billion, a P/E ratio of 47.36, a P/E/G ratio of 3.32 and a beta of 0.57. The firm’s fifty day moving average price is $106.55 and its two-hundred day moving average price is $105.55. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the prior year, the company earned $0.65 EPS. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s payout ratio is presently 49.79%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CHD shares. Truist Financial boosted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Royal Bank of Canada reissued a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Barclays boosted their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Finally, Piper Sandler cut their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $111.56.

Institutional Investors Weigh In On Church & Dwight

Institutional investors have recently modified their holdings of the business. YANKCOM Partnership bought a new stake in shares of Church & Dwight in the fourth quarter valued at about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight in the third quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight in the third quarter valued at about $28,000. Versant Capital Management Inc boosted its position in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares during the period. Finally, Bernard Wealth Management Corp. bought a new stake in shares of Church & Dwight in the fourth quarter valued at about $40,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Company Profile

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.