Blair William & Co. IL Increases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Blair William & Co. IL boosted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.7% in the 1st quarter, Holdings Channel reports. The firm owned 81,972 shares of the company’s stock after acquiring an additional 5,113 shares during the quarter. Blair William & Co. IL’s holdings in Church & Dwight were worth $8,551,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after purchasing an additional 354,946 shares during the last quarter. Capital International Investors raised its stake in Church & Dwight by 39.2% in the 4th quarter. Capital International Investors now owns 9,004,713 shares of the company’s stock valued at $851,414,000 after purchasing an additional 2,533,877 shares during the last quarter. Norges Bank acquired a new position in Church & Dwight in the 4th quarter valued at $259,967,000. ProShare Advisors LLC increased its stake in shares of Church & Dwight by 1.8% in the 1st quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after acquiring an additional 31,145 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Church & Dwight by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,349,676 shares of the company’s stock worth $127,625,000 after acquiring an additional 25,034 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CHD. Argus raised their target price on Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, June 11th. Evercore ISI raised their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday, May 3rd. HSBC raised their target price on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research note on Friday, May 3rd. JPMorgan Chase & Co. cut their target price on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research note on Friday, May 3rd. Finally, Barclays cut their price objective on Church & Dwight from $82.00 to $80.00 and set an “underweight” rating for the company in a research report on Friday. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $106.53.

Insider Activity

In related news, CFO Richard A. Dierker sold 86,740 shares of the business’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 completion of the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CFO Richard A. Dierker sold 86,740 shares of the business’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 completion of the sale, the chief financial officer now owns 7,634 shares in the company, valued at $813,479.04. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the sale, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The disclosure for this sale can be found here. In the last quarter, insiders sold 182,346 shares of company stock worth $19,465,948. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Up 0.4 %

Shares of CHD traded up $0.44 during midday trading on Friday, hitting $102.61. The company had a trading volume of 1,190,142 shares, compared to its average volume of 1,322,002. The company’s 50-day simple moving average is $106.14 and its 200-day simple moving average is $103.02. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The firm has a market capitalization of $25.09 billion, a P/E ratio of 32.60, a P/E/G ratio of 3.38 and a beta of 0.52. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $110.31.

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

Church & Dwight Dividend Announcement

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

Church & Dwight Company 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.