First Pacific Financial Acquires 198 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

First Pacific Financial lifted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,450 shares of the company’s stock after purchasing an additional 198 shares during the quarter. First Pacific Financial’s holdings in Church & Dwight were worth $1,199,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Game Plan Financial Advisors LLC bought a new stake in Church & Dwight in the 1st quarter valued at $26,000. Crewe Advisors LLC bought a new stake in Church & Dwight in the 1st quarter valued at $28,000. Roble Belko & Company Inc bought a new stake in Church & Dwight in the 1st quarter valued at $31,000. Rothschild Investment LLC bought a new stake in Church & Dwight in the 2nd quarter valued at $31,000. Finally, Creekmur Asset Management LLC bought a new stake in Church & Dwight in the 4th quarter valued at $32,000. 86.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on CHD shares. BNP Paribas started coverage on Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target for the company. Evercore ISI cut their target price on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Piper Sandler started coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 target price for the company. JPMorgan Chase & Co. upped their target price on Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a research report on Friday. Finally, Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research report on Monday, September 9th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $107.50.

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 that occurred on Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at $429,179.03. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

CHD traded up $1.22 on Tuesday, reaching $104.38. The stock had a trading volume of 1,332,845 shares, compared to its average volume of 1,367,009. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $110.31. The firm has a 50-day moving average of $102.49 and a 200-day moving average of $104.03. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $25.55 billion, a price-to-earnings ratio of 31.74, a price-to-earnings-growth ratio of 3.71 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 business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. 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.