Chesley Taft & Associates LLC Purchases 1,115 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Chesley Taft & Associates LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,349 shares of the company’s stock after purchasing an additional 1,115 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Church & Dwight were worth $9,424,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. bought a new position in shares of Church & Dwight during the third quarter worth about $714,000. Envestnet Asset Management Inc. boosted its position in shares of Church & Dwight by 55.5% during the third quarter. Envestnet Asset Management Inc. now owns 271,233 shares of the company’s stock valued at $24,853,000 after buying an additional 96,812 shares during the last quarter. LPL Financial LLC boosted its position in shares of Church & Dwight by 2.5% during the third quarter. LPL Financial LLC now owns 120,999 shares of the company’s stock valued at $11,087,000 after buying an additional 2,943 shares during the last quarter. Federated Hermes Inc. boosted its position in shares of Church & Dwight by 459.2% during the third quarter. Federated Hermes Inc. now owns 5,950 shares of the company’s stock valued at $545,000 after buying an additional 4,886 shares during the last quarter. Finally, Operose Advisors LLC boosted its position in shares of Church & Dwight by 249.2% during the third quarter. Operose Advisors LLC now owns 2,095 shares of the company’s stock valued at $192,000 after buying an additional 1,495 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Activity at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the completion of the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Robert K. Shearer sold 13,200 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total value of $1,403,952.00. Following the transaction, the director now directly owns 29,108 shares in the company, valued at approximately $3,095,926.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the transaction, the executive vice president now owns 10,325 shares in the company, valued at $1,104,775. The disclosure for this sale can be found here. Insiders sold a total of 182,346 shares of company stock valued at $19,465,948 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

CHD has been the topic of several analyst reports. Truist Financial lifted their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. The Goldman Sachs Group initiated coverage on Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 target price on the stock. Barclays lowered their target price on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating on the stock in a research note on Monday, May 6th. Finally, HSBC boosted their price objective on Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Friday, May 3rd. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $106.65.

Church & Dwight Trading Down 0.5 %

CHD traded down $0.51 during midday trading on Thursday, reaching $103.97. 1,486,150 shares of the company’s stock traded hands, compared to its average volume of 1,263,716. The firm has a fifty day moving average of $106.79 and a two-hundred day moving average of $101.82. The stock has a market capitalization of $25.42 billion, a price-to-earnings ratio of 33.05, a P/E/G ratio of 3.42 and a beta of 0.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $110.31.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company posted $0.85 EPS. Church & Dwight’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

About Church & Dwight

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.