Bradley C. Irwin sells 7,000 shares of Church & Dwight Co., Inc. (NYSE:CHD)
Church & Dwight Co., Inc. (NYSE: CHD – Get a rating) Director Bradley C. Irwin sold 7,000 shares of Church & Dwight in a trade on Wednesday, May 11. The shares were sold at an average price of $97.86, for a total transaction of $685,020.00. Following completion of the transaction, the administrator now owns 41,636 shares of the company, valued at $4,074,498.96. The transaction was disclosed in an SEC filing, which is available via this hyperlink.
Shares of CHD opened at $97.69 on Friday. The company has a 50-day moving average price of $99.49 and a 200-day moving average price of $97.78. Church & Dwight Co., Inc. has a 12-month low of $80.76 and a 12-month high of $105.28. The company has a market capitalization of $23.72 billion, a price-earnings ratio of 29.97, a PEG ratio of 3.88 and a beta of 0.42. The company has a current ratio of 0.65, a quick ratio of 0.33 and a debt ratio of 0.47.
Church & Dwight (NYSE: CHD – Get a rating) last released its quarterly earnings data on Thursday, April 28. The company reported EPS of $0.83 for the quarter, beating consensus analyst estimates of $0.76 by $0.07. Church & Dwight had a net margin of 15.46% and a return on equity of 22.29%. The company posted revenue of $1.30 billion in the quarter, versus a consensus estimate of $1.29 billion. In the same quarter a year earlier, the company posted EPS of $0.83. The company’s quarterly revenue increased by 4.7% compared to the same quarter last year. As a group, research analysts predict Church & Dwight Co., Inc. will post earnings per share of 3.15 for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 1. Shareholders of record on Monday, May 16 will receive a dividend of $0.2625 per share. This represents a dividend of $1.05 on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Friday, May 13. Church & Dwight’s dividend payout ratio is currently 32.21%.
CHD has been the subject of several research analyst reports. StockNews.com launched coverage on Church & Dwight shares in a research report on Thursday, March 31. They have set a “holding” rating on the stock. JPMorgan Chase & Co. lowered its price target on Church & Dwight shares from $87.00 to $85.00 and set an “underweight” rating on the stock in a Wednesday 30 research report. March. Truist Financial raised its price target on shares of Church & Dwight from $100.00 to $120.00 and gave the stock a “buy” rating in a Monday, January 31 research report. Credit Suisse Group downgraded Church & Dwight from an “outperform” rating to a “neutral” rating and set a price target of $105.00 for the company. in a research note from Wednesday, January 26. Finally, Goldman Sachs Group reduced its price target on Church & Dwight from $105.00 to $101.00 in a Tuesday, March 29 research note. Four equity research analysts gave the stock a sell rating, eight issued a hold rating and three gave the company a buy rating. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $98.07.
Several hedge funds and other institutional investors have been buying and selling shares of CHD recently. Hamilton Point Investment Advisors LLC increased its holdings of Church & Dwight shares by 1.6% during the 1st quarter. Hamilton Point Investment Advisors LLC now owns 116,431 shares of the company worth $11,571,000 after purchasing an additional 1,804 shares during the period. Yousif Capital Management LLC increased its equity stake in Church & Dwight by 125.3% during Q1. Yousif Capital Management LLC now owns 99,020 shares of the company worth $9,841,000 after purchasing an additional 55,076 shares during the period. BlackRock Inc. increased its holdings in Church & Dwight by 0.4% in Q1. BlackRock Inc. now owns 19,176,152 shares of the company worth $1,905,727,000 after acquiring an additional 73,507 shares during the period. Quent Capital LLC increased its stake in Church & Dwight by 23.8% in the 1st quarter. Quent Capital LLC now owns 1,040 shares of the company worth $103,000 after acquiring an additional 200 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Church & Dwight by 5.7% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 32,380 shares of the company worth $3,218,000 after acquiring 1,735 additional shares during the period. 84.81% of the shares are held by institutional investors.
Church & Dwight Corporate Profile (Get a rating)
Church & Dwight Co, Inc develops, manufactures and markets household, personal care and specialty products. It operates through three segments: Consumer Domestic, Consumer International and Specialty Products Division. The company offers cat litter, carpet deodorizers, laundry detergents and baking soda, as well as other baking soda 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; battery-operated and manual toothbrushes under the trade mark SPINBRUSH; 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; gel food supplements under the L’IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; IMPECCABLE products; shortening and cold relief products under the ZICAM brand; and oral care products under the THERABREATH brand.
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