Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 46.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 77,927 shares of the company's stock after buying an additional 24,763 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Church & Dwight were worth $8,579,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CHD. Bernard Wealth Management Corp. acquired a new position in shares of Church & Dwight during the 4th quarter worth about $40,000. Versant Capital Management Inc boosted its holdings in Church & Dwight by 42.1% in the first quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares in the last quarter. Banque Transatlantique SA purchased a new position in Church & Dwight in the fourth quarter valued at approximately $46,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Church & Dwight by 50.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company's stock worth $60,000 after purchasing an additional 193 shares in the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of Church & Dwight during the 1st quarter worth approximately $61,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

NYSE:CHD traded down $0.13 during trading hours on Friday, hitting $94.84. The company's stock had a trading volume of 3,093,647 shares, compared to its average volume of 1,764,965. Church & Dwight Co., Inc. has a 52-week low of $90.99 and a 52-week high of $116.46. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.43 and a current ratio of 1.95. The business's 50-day moving average is $97.06 and its two-hundred day moving average is $103.16. The company has a market capitalization of $23.36 billion, a PE ratio of 40.71, a PEG ratio of 3.82 and a beta of 0.52.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.02. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.52 billion. Church & Dwight had a net margin of 9.52% and a return on equity of 19.28%. The business's revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 EPS. As a group, research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.24%. The ex-dividend date was Thursday, May 15th. Church & Dwight's payout ratio is currently 50.64%.

Analysts Set New Price Targets

A number of research firms recently commented on CHD. Truist Financial set a $110.00 target price on shares of Church & Dwight and gave the company a "buy" rating in a research report on Friday, June 6th. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Wall Street Zen raised Church & Dwight from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, Wells Fargo & Company lifted their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. Two 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, the company has a consensus rating of "Hold" and an average price target of $108.29.

Insider Buying and Selling

In related news, Director Penry W. Price sold 14,660 shares of Church & Dwight stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the completion of the transaction, the director now directly owns 27,043 shares in the company, valued at $2,518,514.59. The trade was a 35.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Richard A. Dierker purchased 7,950 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $94.66 per share, with a total value of $752,547.00. Following the transaction, the chief executive officer now directly owns 16,358 shares of the company's stock, valued at $1,548,448.28. This represents a 94.55% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 50,575 shares of company stock valued at $4,910,586. 2.00% of the stock is owned by 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.