Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Northeast Investment Management

Northeast Investment Management trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 74,487 shares of the company’s stock after selling 825 shares during the period. Northeast Investment Management’s holdings in Church & Dwight were worth $7,800,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Crewe Advisors LLC acquired a new stake in Church & Dwight in the 1st quarter worth about $28,000. Rothschild Investment LLC acquired a new stake in Church & Dwight in the 2nd quarter worth about $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $33,000. Strategic Financial Concepts LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $38,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth approximately $46,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Evercore ISI lowered their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Morgan Stanley cut Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a report on Monday, September 9th. TD Cowen started coverage on Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price objective on the stock. Wells Fargo & Company decreased their price objective on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Finally, Piper Sandler started coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective on the stock. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $107.50.

Church & Dwight Stock Up 4.8 %

Church & Dwight stock opened at $104.75 on Monday. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $110.31. The stock’s fifty day simple moving average is $102.89 and its 200-day simple moving average is $104.03. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $25.64 billion, a P/E ratio of 32.23, a P/E/G ratio of 3.69 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 earnings per share. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 34.77%.

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.