Buffington Mohr McNeal Has $866,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Buffington Mohr McNeal increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 2.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 8,300 shares of the company’s stock after purchasing an additional 200 shares during the period. Buffington Mohr McNeal’s holdings in Church & Dwight were worth $866,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Church & Dwight by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after buying an additional 354,946 shares during the period. Capital International Investors increased its position in Church & Dwight by 39.2% during 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 period. JPMorgan Chase & Co. raised its holdings in Church & Dwight by 89.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock worth $552,283,000 after purchasing an additional 2,839,783 shares during the last quarter. Morgan Stanley raised its holdings in Church & Dwight by 1.9% during the 3rd quarter. Morgan Stanley now owns 3,291,982 shares of the company’s stock worth $301,645,000 after purchasing an additional 61,090 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $259,967,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. HSBC lifted their target price on shares of 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. dropped their price objective on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research note on Friday, May 3rd. Truist Financial raised their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Bank of America boosted their price target on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Finally, Evercore ISI raised their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research 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 company has an average rating of “Hold” and a consensus target price of $106.65.

Insider Transactions at Church & Dwight

In related news, CFO Richard A. Dierker sold 86,740 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were 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 filing with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Maynadier Patrick D. De sold 54,654 shares of Church & Dwight stock in a transaction dated 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 completion of the sale, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Richard A. Dierker sold 86,740 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were 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 directly 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 1.40% of the company’s stock.

Church & Dwight Stock Up 0.5 %

CHD traded up $0.57 during midday trading on Tuesday, reaching $105.44. 1,362,047 shares of the company were exchanged, compared to its average volume of 1,314,081. The company has a market cap of $25.78 billion, a price-to-earnings ratio of 33.47, a price-to-earnings-growth ratio of 3.38 and a beta of 0.52. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31. The company’s fifty day moving average price is $106.77 and its 200 day moving average price is $102.10. 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 (NYSE:CHD) last released 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. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the firm earned $0.85 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio is presently 35.87%.

About Church & Dwight

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.