Compass Capital Management Inc. Sells 3,061 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Compass Capital Management Inc. lessened its position in Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 558,180 shares of the company’s stock after selling 3,061 shares during the quarter. Church & Dwight comprises about 4.0% of Compass Capital Management Inc.’s investment portfolio, making the stock its 13th biggest position. Compass Capital Management Inc.’s holdings in Church & Dwight were worth $61,450,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CHD. Empowered Funds LLC raised its holdings in Church & Dwight by 52.6% in the 4th quarter. Empowered Funds LLC now owns 5,571 shares of the company’s stock worth $583,000 after acquiring an additional 1,920 shares during the period. Manchester Capital Management LLC raised its holdings in Church & Dwight by 7.7% in the 4th quarter. Manchester Capital Management LLC now owns 3,124 shares of the company’s stock worth $327,000 after acquiring an additional 223 shares during the period. Aveo Capital Partners LLC bought a new position in Church & Dwight in the 4th quarter worth $412,000. Seascape Capital Management increased its holdings in shares of Church & Dwight by 0.7% during the 4th quarter. Seascape Capital Management now owns 37,547 shares of the company’s stock worth $3,932,000 after purchasing an additional 257 shares during the period. Finally, Palumbo Wealth Management LLC increased its holdings in shares of Church & Dwight by 18.8% during the 4th quarter. Palumbo Wealth Management LLC now owns 21,156 shares of the company’s stock worth $2,215,000 after purchasing an additional 3,343 shares during the period. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Carlen Hooker sold 11,875 shares of the business’s stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $98.75, for a total value of $1,172,656.25. Following the transaction, the executive vice president now directly owns 262 shares in the company, valued at $25,872.50. The trade was a 97.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the business’s stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $99.00, for a total transaction of $1,451,340.00. Following the completion of the transaction, the director now owns 13,747 shares in the company, valued at approximately $1,360,953. This trade represents a 51.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 44,195 shares of company stock worth $4,283,432 over the last ninety days. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CHD shares. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, April 2nd. TD Cowen downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a report on Tuesday, May 6th. Evercore ISI dropped their price objective on shares of Church & Dwight from $106.00 to $102.00 and set an “in-line” rating on the stock in a report on Friday, May 2nd. Bank of America upgraded shares of Church & Dwight from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Finally, Royal Bank of Canada upgraded shares of Church & Dwight from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $100.00 to $114.00 in a report on Monday, June 2nd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $108.67.

Church & Dwight Price Performance

Shares of Church & Dwight stock opened at $97.04 on Friday. The firm has a market cap of $23.90 billion, a P/E ratio of 40.95, a price-to-earnings-growth ratio of 3.32 and a beta of 0.52. Church & Dwight Co., Inc. has a twelve month low of $90.99 and a twelve month high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm’s 50-day simple moving average is $98.41 and its 200-day simple moving average is $103.94.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.02. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 earnings per share. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were given a $0.295 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.22%. Church & Dwight’s dividend payout ratio (DPR) is presently 50.64%.

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.