AllGen Financial Advisors Inc. Has $2.51 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

AllGen Financial Advisors Inc. grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,997 shares of the company’s stock after purchasing an additional 1,280 shares during the period. Church & Dwight comprises 0.8% of AllGen Financial Advisors Inc.’s holdings, making the stock its 25th largest holding. AllGen Financial Advisors Inc.’s holdings in Church & Dwight were worth $2,513,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mattern Capital Management LLC boosted its position in shares of Church & Dwight by 0.5% during the 3rd quarter. Mattern Capital Management LLC now owns 77,628 shares of the company’s stock worth $8,129,000 after acquiring an additional 351 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Church & Dwight by 30.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,084 shares of the company’s stock worth $2,941,000 after acquiring an additional 6,516 shares in the last quarter. Forsta AP Fonden boosted its position in shares of Church & Dwight by 5.7% during the 3rd quarter. Forsta AP Fonden now owns 88,700 shares of the company’s stock worth $9,289,000 after acquiring an additional 4,800 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Church & Dwight by 22.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,749 shares of the company’s stock worth $2,792,000 after acquiring an additional 4,991 shares in the last quarter. Finally, Cromwell Holdings LLC boosted its position in shares of Church & Dwight by 36.7% during the 3rd quarter. Cromwell Holdings LLC now owns 686 shares of the company’s stock worth $72,000 after acquiring an additional 184 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Price Performance

CHD stock opened at $100.84 on Friday. The company has a fifty day moving average price of $102.94 and a 200-day moving average price of $104.05. The company has a market capitalization of $24.69 billion, a P/E ratio of 31.03, a PEG ratio of 3.80 and a beta of 0.54. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the prior year, the company posted $0.92 earnings per share. Church & Dwight’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were given a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 34.77%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CHD shares. Piper Sandler started coverage on shares of Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price target on the stock. TD Cowen started coverage on shares of Church & Dwight in a research report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price target on the stock. Wells Fargo & Company reduced their price target on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Barclays increased their price objective on shares of Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a research note on Friday, October 11th. Finally, Morgan Stanley downgraded shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research note on Monday, September 9th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $107.50.

Insider Transactions at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total value of $5,895,423.36. Following the completion of the sale, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by corporate insiders.

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.