Church & Dwight Co., Inc. (NYSE:CHD) EVP Carlen Hooker Sells 3,000 Shares

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) EVP Carlen Hooker sold 3,000 shares of Church & Dwight stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $98.05, for a total value of $294,150.00. Following the completion of the transaction, the executive vice president now owns 262 shares in the company, valued at $25,689.10. This trade represents a 91.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Church & Dwight Stock Up 0.3%

CHD traded up $0.31 during midday trading on Friday, hitting $98.45. 4,911,224 shares of the company's stock traded hands, compared to its average volume of 1,684,975. Church & Dwight Co., Inc. has a one year low of $90.99 and a one year high of $116.46. The stock's fifty day simple moving average is $100.08 and its 200-day simple moving average is $104.74. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market cap of $24.25 billion, a PE ratio of 41.54, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.89 by $0.02. The firm had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The company's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 EPS. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.295 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.20%. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CHD. TD Cowen cut Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price target on the stock. in a report on Tuesday, May 6th. Stifel Nicolaus upped their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Piper Sandler cut their price target on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and upped their target price for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. Finally, Cowen downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $109.13.

Institutional Investors Weigh In On Church & Dwight

Several institutional investors have recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC lifted its position in shares of Church & Dwight by 24.5% in the first quarter. Jacobi Capital Management LLC now owns 3,612 shares of the company's stock valued at $398,000 after buying an additional 711 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Church & Dwight by 54.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,063 shares of the company's stock valued at $117,000 after acquiring an additional 376 shares during the period. IFM Investors Pty Ltd increased its holdings in Church & Dwight by 1.7% in the 1st quarter. IFM Investors Pty Ltd now owns 46,877 shares of the company's stock valued at $5,161,000 after buying an additional 782 shares during the period. Focus Partners Wealth raised its position in Church & Dwight by 13.1% during the first quarter. Focus Partners Wealth now owns 19,821 shares of the company's stock valued at $2,182,000 after purchasing an additional 2,303 shares in the last quarter. Finally, Integrity Alliance LLC. bought a new stake in shares of Church & Dwight during the 1st quarter worth $718,000. 86.60% of the stock is owned by institutional investors.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.