Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Trust Co. of Vermont

Trust Co. of Vermont boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,570 shares of the company’s stock after purchasing an additional 3,867 shares during the period. Trust Co. of Vermont’s holdings in Church & Dwight were worth $10,321,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP purchased a new stake in shares of Church & Dwight during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in Church & Dwight in the 3rd quarter worth $28,000. Versant Capital Management Inc boosted its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight during the second quarter valued at about $33,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Church & Dwight during the second quarter worth about $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CHD shares. 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. JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus cut their target price on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research note on Friday. Finally, Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $110.61.

Church & Dwight Price Performance

CHD stock traded up $0.15 during trading on Friday, hitting $106.42. The company had a trading volume of 1,712,775 shares, compared to its average volume of 1,135,106. The firm has a market capitalization of $26.07 billion, a price-to-earnings ratio of 47.72, a P/E/G ratio of 3.12 and a beta of 0.58. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The business has a 50 day moving average of $106.87 and a 200 day moving average of $104.05. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share (EPS) 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 business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the firm posted $0.74 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. As a group, research analysts predict 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. Investors of record on Friday, November 15th were paid a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s dividend payout ratio is currently 50.67%.

Insiders Place Their Bets

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 593,035 shares of company stock worth $62,282,808. 1.40% of the stock is owned by corporate 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.