Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 32.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 8,405 shares of the company's stock after selling 4,123 shares during the quarter. Kintegral Advisory LLC's holdings in Church & Dwight were worth $925,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IAG Wealth Partners LLC boosted its stake in shares of Church & Dwight by 92.9% in the 1st quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after buying an additional 130 shares during the period. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight in the 4th quarter valued at about $40,000. Versant Capital Management Inc boosted its stake in shares of Church & Dwight by 42.1% in the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after buying an additional 112 shares during the period. Banque Transatlantique SA purchased a new position in shares of Church & Dwight in the 4th quarter valued at about $46,000. Finally, North Capital Inc. purchased a new position in shares of Church & Dwight in the 1st quarter valued at about $47,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Analyst Ratings Changes

CHD has been the subject of several recent research reports. TD Cowen cut Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price objective for the company. in a research note on Tuesday, May 6th. Cowen cut Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Royal Bank Of Canada upgraded Church & Dwight from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $100.00 to $114.00 in a research note on Monday, June 2nd. Evercore ISI decreased their target price on Church & Dwight from $106.00 to $102.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. Finally, Truist Financial set a $110.00 target price on Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Church & Dwight presently has a consensus rating of "Hold" and a consensus target price of $108.29.

Church & Dwight Stock Performance

CHD traded down $0.56 during trading on Tuesday, hitting $98.02. 1,723,637 shares of the stock were exchanged, compared to its average volume of 1,761,363. The firm has a market capitalization of $24.14 billion, a P/E ratio of 42.07, a PEG ratio of 3.95 and a beta of 0.51. Church & Dwight Co., Inc. has a 1-year low of $90.99 and a 1-year high of $116.46. The stock has a fifty day moving average price of $96.43 and a two-hundred day moving average price of $102.68. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.89 by $0.02. The company 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 19.28% and a net margin of 9.52%. The firm's revenue was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.96 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date was Thursday, May 15th. Church & Dwight's payout ratio is currently 50.64%.

Insiders Place Their Bets

In related news, EVP Michael Read bought 3,000 shares of the company's stock in a transaction dated Friday, May 9th. The shares were acquired at an average price of $92.07 per share, with a total value of $276,210.00. Following the completion of the acquisition, the executive vice president owned 5,505 shares in the company, valued at approximately $506,845.35. This trade represents a 119.76% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Richard A. Dierker bought 7,950 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was bought at an average cost of $94.66 per share, for a total transaction of $752,547.00. Following the acquisition, the chief executive officer owned 16,358 shares of the company's stock, valued at approximately $1,548,448.28. This trade represents a 94.55% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 50,575 shares of company stock valued at $4,910,586. 1.20% of the stock is owned by company 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.