Geneva Capital Management LLC Has $28.65 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Geneva Capital Management LLC trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 274,676 shares of the company’s stock after selling 4,211 shares during the quarter. Geneva Capital Management LLC owned 0.11% of Church & Dwight worth $28,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in CHD. Chilton Capital Management LLC lifted its position in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of Church & Dwight by 14.7% during the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after acquiring an additional 113 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in Church & Dwight by 2.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock valued at $516,000 after purchasing an additional 117 shares in the last quarter. Sovereign Financial Group Inc. increased its position in Church & Dwight by 0.7% in the 1st quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock worth $1,819,000 after purchasing an additional 120 shares during the last quarter. Finally, Kentucky Retirement Systems increased its position in Church & Dwight by 0.6% in the 4th quarter. Kentucky Retirement Systems now owns 19,713 shares of the company’s stock worth $1,864,000 after purchasing an additional 126 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Down 1.1 %

CHD traded down $1.11 during trading on Thursday, reaching $103.74. 1,894,463 shares of the stock were exchanged, compared to its average volume of 1,314,893. The stock’s 50 day moving average price is $106.56 and its two-hundred day moving average price is $102.69. 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 $25.37 billion, a P/E ratio of 33.15, a price-to-earnings-growth ratio of 3.44 and a beta of 0.52. 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 announced its quarterly earnings results 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 the consensus estimate of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 EPS. Equities analysts expect that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were issued a $0.2838 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Wall Street Analyst Weigh In

CHD has been the subject of several recent research reports. Evercore ISI boosted their price target on Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research note on Friday, May 3rd. Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Argus upped their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Oppenheimer raised their target price on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, April 23rd. Finally, Barclays decreased their price target on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a research note on Monday, May 6th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $106.65.

Insider Activity

In other Church & Dwight news, Director Robert K. Shearer sold 13,200 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $106.36, for a total value of $1,403,952.00. Following the completion of the transaction, the director now directly owns 29,108 shares in the company, valued at approximately $3,095,926.88. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Church & Dwight news, Director Robert K. Shearer sold 13,200 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the completion of the sale, the director now owns 29,108 shares of the company’s stock, valued at approximately $3,095,926.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard A. Dierker sold 86,740 shares of Church & Dwight stock in a transaction 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 transaction, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The disclosure for this sale can be found here. In the last three months, insiders have sold 182,346 shares of company stock worth $19,465,948. Corporate insiders own 1.40% of the company’s stock.

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.