New Hampshire Trust Raises Stake in Church & Dwight Co., Inc. (NYSE:CHD)

New Hampshire Trust raised its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,408 shares of the company’s stock after purchasing an additional 113 shares during the quarter. New Hampshire Trust’s holdings in Church & Dwight were worth $241,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Alliance grew its holdings in shares of Church & Dwight by 3.4% in the first quarter. Wealth Alliance now owns 3,180 shares of the company’s stock worth $281,000 after purchasing an additional 105 shares during the last quarter. Federated Hermes Inc. grew its holdings in shares of Church & Dwight by 9.4% in the first quarter. Federated Hermes Inc. now owns 1,376 shares of the company’s stock worth $122,000 after purchasing an additional 118 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Church & Dwight by 0.3% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 41,342 shares of the company’s stock worth $3,655,000 after purchasing an additional 120 shares during the last quarter. New York Life Investment Management LLC grew its holdings in shares of Church & Dwight by 0.3% in the fourth quarter. New York Life Investment Management LLC now owns 38,385 shares of the company’s stock worth $3,094,000 after purchasing an additional 122 shares during the last quarter. Finally, Moors & Cabot Inc. grew its holdings in shares of Church & Dwight by 3.5% in the first quarter. Moors & Cabot Inc. now owns 3,565 shares of the company’s stock worth $315,000 after purchasing an additional 122 shares during the last quarter. 82.79% of the stock is currently owned by institutional investors.

Church & Dwight Stock Down 0.4 %

Shares of CHD traded down $0.38 during mid-day trading on Friday, hitting $95.22. 2,241,257 shares of the company traded hands, compared to its average volume of 1,084,401. Church & Dwight Co., Inc. has a 1-year low of $70.16 and a 1-year high of $100.52. The company has a quick ratio of 0.80, a current ratio of 1.41 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $23.43 billion, a PE ratio of 52.90, a price-to-earnings-growth ratio of 3.84 and a beta of 0.47. The business has a 50 day moving average of $95.85 and a 200 day moving average of $93.47.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, July 28th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.13. Church & Dwight had a net margin of 7.93% and a return on equity of 21.12%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the prior year, the company earned $0.76 EPS. Church & Dwight’s quarterly revenue was up 9.7% on a year-over-year basis. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.17 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Tuesday, August 15th were issued a $0.2725 dividend. The ex-dividend date was Monday, August 14th. This represents a $1.09 annualized dividend and a yield of 1.14%. Church & Dwight’s dividend payout ratio (DPR) is presently 60.56%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Royal Bank of Canada upped their price target on shares of Church & Dwight from $91.00 to $94.00 and gave the stock a “sector perform” rating in a report on Monday, July 31st. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $95.00 to $97.00 and gave the stock a “hold” rating in a research note on Monday, July 31st. Barclays upped their price objective on shares of Church & Dwight from $78.00 to $82.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 1st. StockNews.com initiated coverage on shares of Church & Dwight in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Finally, Jefferies Financial Group upped their price objective on shares of Church & Dwight from $111.00 to $113.00 in a research note on Wednesday, June 21st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average target price of $93.31.

Insider Buying and Selling

In related news, CEO Matthew Farrell sold 7,006 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $97.15, for a total value of $680,632.90. Following the transaction, the chief executive officer now owns 112,444 shares in the company, valued at approximately $10,923,934.60. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, CEO Matthew Farrell sold 7,006 shares of Church & Dwight stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $97.15, for a total transaction of $680,632.90. Following the completion of the transaction, the chief executive officer now directly owns 112,444 shares of the company’s stock, valued at approximately $10,923,934.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Richard A. Dierker sold 90,000 shares of Church & Dwight stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $95.80, for a total transaction of $8,622,000.00. Following the transaction, the chief financial officer now directly owns 7,544 shares of the company’s stock, valued at $722,715.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 258,348 shares of company stock worth $24,793,650. 2.00% of the stock is owned by company insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based 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; toothbrushes under the SPINBRUSH brand; 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; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.