Beaumont Financial Advisors LLC Invests $312,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Beaumont Financial Advisors LLC acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,977 shares of the company’s stock, valued at approximately $312,000.

A number of other large investors also recently bought and sold shares of the business. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight in the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight during the third quarter valued at about $28,000. Versant Capital Management Inc grew its stake in Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Church & Dwight in the second quarter worth about $33,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Church & Dwight during the second quarter valued at about $46,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the transaction, the director now directly owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 593,035 shares of company stock worth $62,282,808 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

CHD has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price target on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. raised their price objective on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Piper Sandler upped their target price on Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Finally, TD Cowen raised their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $110.61.

Church & Dwight Stock Down 0.0 %

Church & Dwight stock opened at $106.64 on Thursday. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The firm has a market cap of $26.13 billion, a price-to-earnings ratio of 47.82, a price-to-earnings-growth ratio of 3.29 and a beta of 0.58. The business’s 50-day moving average price is $106.81 and its 200 day moving average price is $104.05. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the firm earned $0.74 EPS. The business’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s payout ratio is currently 50.67%.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.