Wealth Enhancement Advisory Services LLC increased its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 30.2% during the 3rd quarter, Holdings Channel reports. The firm owned 28,084 shares of the company’s stock after acquiring an additional 6,516 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Church & Dwight were worth $2,941,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of CHD. Texas Yale Capital Corp. boosted its position in Church & Dwight by 1.0% during the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock valued at $1,106,000 after acquiring an additional 100 shares in the last quarter. Garner Asset Management Corp boosted its position in Church & Dwight by 5.1% during the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after acquiring an additional 100 shares in the last quarter. Elk River Wealth Management LLC boosted its position in Church & Dwight by 0.3% during the 2nd quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock valued at $3,595,000 after acquiring an additional 114 shares in the last quarter. Gateway Advisory LLC boosted its position in Church & Dwight by 4.4% during the 2nd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $296,000 after acquiring an additional 120 shares in the last quarter. Finally, Reynders McVeigh Capital Management LLC boosted its position in Church & Dwight by 0.4% during the 1st quarter. Reynders McVeigh Capital Management LLC now owns 35,359 shares of the company’s stock valued at $3,689,000 after acquiring an additional 125 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.
Insider Buying and Selling at Church & Dwight
In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.00% of the company’s stock.
Church & Dwight Stock Performance
Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.
Church & Dwight Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.2838 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.08%. Church & Dwight’s payout ratio is currently 34.77%.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. Stifel Nicolaus dropped their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. Barclays increased their price objective on Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a report on Friday, October 11th. Truist Financial decreased their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a report on Friday, October 11th. Finally, Evercore ISI decreased their price objective on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and an average target price of $107.50.
Check Out Our Latest Research Report on Church & Dwight
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.
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