Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,088,526 shares of the company’s stock after selling 31,246 shares during the period. Robeco Institutional Asset Management B.V. owned 0.44% of Church & Dwight worth $113,990,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norden Group LLC increased its holdings in shares of Church & Dwight by 77.0% in the 1st quarter. Norden Group LLC now owns 5,271 shares of the company’s stock valued at $550,000 after acquiring an additional 2,293 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Church & Dwight by 20.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 80,042 shares of the company’s stock worth $8,349,000 after purchasing an additional 13,455 shares during the period. Nordea Investment Management AB lifted its position in shares of Church & Dwight by 3.6% in the 1st quarter. Nordea Investment Management AB now owns 17,195 shares of the company’s stock worth $1,788,000 after buying an additional 596 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Church & Dwight by 9.9% in the 1st quarter. Daiwa Securities Group Inc. now owns 24,556 shares of the company’s stock valued at $2,561,000 after buying an additional 2,207 shares during the period. Finally, Central Pacific Bank Trust Division bought a new stake in shares of Church & Dwight during the 1st quarter valued at about $385,000. 86.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their target price on shares of Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Piper Sandler initiated coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Evercore ISI dropped their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. TD Cowen assumed coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price target for the company. Finally, Wells Fargo & Company dropped their price objective on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Three research 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. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and a consensus price target of $107.50.

Church & Dwight Trading Up 4.8 %

Shares of Church & Dwight stock opened at $104.75 on Monday. The business has a fifty day simple moving average of $102.89 and a 200-day simple moving average of $104.03. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31. The firm has a market cap of $25.64 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 3.69 and a beta of 0.55. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51.

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, beating the consensus estimate of $0.68 by $0.11. 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 analyst estimates of $1.50 billion. During the same quarter last year, the firm posted $0.74 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.08%. Church & Dwight’s dividend payout ratio is currently 34.77%.

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.