Church & Dwight (NYSE:CHD) EVP Surabhi Pokhriyal Sells 21,970 Shares of Company Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Surabhi Pokhriyal sold 21,970 shares of Church & Dwight stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $111.23, for a total transaction of $2,443,723.10. Following the completion of the sale, the executive vice president owned 896 shares of the company’s stock, valued at $99,662.08. This trade represents a 96.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Church & Dwight Stock Down 0.4%

NYSE:CHD opened at $111.62 on Friday. The company has a market cap of $26.35 billion, a PE ratio of 30.94, a P/E/G ratio of 3.97 and a beta of 0.45. Church & Dwight Co., Inc. has a twelve month low of $81.49 and a twelve month high of $114.64. The company has a current ratio of 0.96, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $101.07 and its two-hundred day moving average is $98.55.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, October 30th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.02. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Church & Dwight had a net margin of 12.41% and a return on equity of 20.28%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company posted $0.81 earnings per share. Analysts anticipate that Church & Dwight Co., Inc. will post 3.77 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. Church & Dwight’s dividend payout ratio is presently 37.85%.

Institutional Investors Weigh In On Church & Dwight

Several hedge funds have recently added to or reduced their stakes in CHD. Principle Wealth Partners LLC lifted its stake in shares of Church & Dwight by 2.1% in the 3rd quarter. Principle Wealth Partners LLC now owns 4,900 shares of the company’s stock valued at $462,000 after purchasing an additional 100 shares during the period. Texas Yale Capital Corp. boosted its holdings in Church & Dwight by 0.8% during the third quarter. Texas Yale Capital Corp. now owns 12,875 shares of the company’s stock worth $1,213,000 after buying an additional 100 shares in the last quarter. North Dakota State Investment Board boosted its holdings in Church & Dwight by 1.5% during the third quarter. North Dakota State Investment Board now owns 7,254 shares of the company’s stock worth $683,000 after buying an additional 109 shares in the last quarter. Arkadios Wealth Advisors grew its position in Church & Dwight by 5.3% during the first quarter. Arkadios Wealth Advisors now owns 2,692 shares of the company’s stock valued at $251,000 after buying an additional 136 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Church & Dwight by 3.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,222 shares of the company’s stock valued at $506,000 after buying an additional 153 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CHD. Citigroup raised their target price on Church & Dwight from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, November 2nd. UBS Group boosted their price target on Church & Dwight from $106.00 to $112.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $115.00 target price (up from $105.00) on shares of Church & Dwight in a report on Monday, November 2nd. Wall Street Zen upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, October 10th. Finally, TD Cowen reiterated a “hold” rating and issued a $115.00 price target (up from $97.00) on shares of Church & Dwight in a report on Tuesday, November 3rd. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $108.44.

Church & Dwight Company Profile

Church & Dwight is a consumer products company whose history traces to 1846, when John Dwight and Austin Church began producing baking soda. The company is best known for its ARM & HAMMER brand and sells household, personal care, and specialty products under a portfolio of owned brands. Its products include laundry detergents and cleaners, oral care items, cat litter, deodorants, condoms, pregnancy and ovulation tests, hair-removal products, and water flossers. Brands include OxiClean, Trojan, First Response, Nair, Waterpik, and TheraBreath, alongside ARM & HAMMER.