Baldwin Wealth Partners LLC MA Cuts Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Baldwin Wealth Partners LLC MA lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 3.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,846 shares of the company's stock after selling 3,251 shares during the period. Baldwin Wealth Partners LLC MA's holdings in Church & Dwight were worth $10,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wedmont Private Capital lifted its holdings in shares of Church & Dwight by 12.9% during the 1st quarter. Wedmont Private Capital now owns 5,106 shares of the company's stock valued at $533,000 after purchasing an additional 582 shares in the last quarter. Gateway Investment Advisers LLC lifted its holdings in shares of Church & Dwight by 77.0% during the 1st quarter. Gateway Investment Advisers LLC now owns 10,796 shares of the company's stock valued at $1,189,000 after purchasing an additional 4,698 shares in the last quarter. KFG Wealth Management LLC lifted its holdings in shares of Church & Dwight by 2.2% during the 1st quarter. KFG Wealth Management LLC now owns 5,476 shares of the company's stock valued at $603,000 after purchasing an additional 119 shares in the last quarter. Radnor Capital Management LLC lifted its holdings in shares of Church & Dwight by 2.2% during the 1st quarter. Radnor Capital Management LLC now owns 7,560 shares of the company's stock valued at $832,000 after purchasing an additional 160 shares in the last quarter. Finally, Sovereign Financial Group Inc. lifted its holdings in shares of Church & Dwight by 2.5% during the 1st quarter. Sovereign Financial Group Inc. now owns 17,730 shares of the company's stock valued at $1,952,000 after purchasing an additional 437 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Analysts Set New Price Targets

CHD has been the topic of several research reports. JPMorgan Chase & Co. cut their target price on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, April 11th. Wall Street Zen cut Church & Dwight from a "hold" rating to a "sell" rating in a research note on Tuesday, May 20th. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and boosted their target price for the company from $112.00 to $125.00 in a research note on Tuesday, April 15th. UBS Group dropped their price objective on Church & Dwight from $110.00 to $102.00 and set a "neutral" rating on the stock in a research note on Friday, May 2nd. Finally, Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and a consensus target price of $108.67.

Church & Dwight Stock Down 0.1%

Shares of CHD stock traded down $0.05 during trading hours on Thursday, reaching $99.05. The company had a trading volume of 1,728,308 shares, compared to its average volume of 1,717,208. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. 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 business has a fifty day simple moving average of $98.57 and a 200-day simple moving average of $104.15. The company has a market cap of $24.39 billion, a price-to-earnings ratio of 41.79, a price-to-earnings-growth ratio of 3.32 and a beta of 0.52.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. Church & Dwight's quarterly revenue was down 2.4% compared to the same quarter last year. During the same period last year, the company posted $0.96 earnings per share. On average, research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

Insider Activity

In other Church & Dwight news, EVP Michael Read bought 3,000 shares of the firm's stock in a transaction on Friday, May 9th. The shares were acquired at an average cost of $92.07 per share, for a total transaction of $276,210.00. Following the purchase, the executive vice president now directly owns 5,505 shares of the company's stock, valued at $506,845.35. The trade was a 119.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Penry W. Price sold 14,660 shares of the company's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $93.13, for a total value of $1,365,285.80. Following the completion of the transaction, the director now owns 27,043 shares in the company, valued at $2,518,514.59. This represents a 35.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 44,195 shares of company stock worth $4,283,432. 1.20% of the stock is owned by corporate insiders.

Church & Dwight Profile

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.