Signaturefd LLC Has $786,000 Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Signaturefd LLC trimmed its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 3.1% in the third quarter, Holdings Channel reports. The fund owned 7,504 shares of the company’s stock after selling 243 shares during the period. Signaturefd LLC’s holdings in Church & Dwight were worth $786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital International Investors lifted its holdings in shares of Church & Dwight by 1.0% in the first quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock valued at $948,968,000 after purchasing an additional 92,862 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Church & Dwight by 2.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 7,586,482 shares of the company’s stock worth $786,566,000 after buying an additional 153,127 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Church & Dwight by 5.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after buying an additional 175,221 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Church & Dwight by 1.8% in the first quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock valued at $186,028,000 after purchasing an additional 31,145 shares during the last quarter. Finally, Millennium Management LLC grew its position in shares of Church & Dwight by 1,617.3% in the second quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock valued at $134,043,000 after purchasing an additional 1,217,568 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction on 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 sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $429,179.03. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the topic of several research reports. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research report on Monday, September 9th. TD Cowen assumed coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 target price for the company. Piper Sandler started coverage on Church & Dwight in a report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective on the stock. Stifel Nicolaus reduced their price target on Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th. Finally, Wells Fargo & Company reduced their price target on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $107.50.

Church & Dwight Price Performance

Shares of CHD opened at $102.61 on Friday. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The business’s fifty day moving average is $102.87 and its 200 day moving average is $104.05. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The stock has a market cap of $25.12 billion, a P/E ratio of 31.57, a P/E/G ratio of 3.80 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period last year, the business earned $0.92 EPS. Church & Dwight’s quarterly revenue was up 3.9% compared to the same quarter last year. Sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 34.77%.

Church & Dwight 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.