Cape Cod Five Cents Savings Bank Has $4.52 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Cape Cod Five Cents Savings Bank lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 6.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 43,611 shares of the company’s stock after selling 3,003 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Church & Dwight were worth $4,522,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CHD. Capital Performance Advisors LLP acquired a new position in shares of Church & Dwight in the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in Church & Dwight in the 3rd quarter valued at $28,000. Rothschild Investment LLC bought a new position in Church & Dwight during the 2nd quarter worth $31,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Church & Dwight during the second quarter worth $33,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Church & Dwight in the second quarter valued at about $38,000. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Performance

NYSE CHD opened at $107.21 on Monday. The stock has a fifty day simple moving average of $105.48 and a 200 day simple moving average of $104.41. Church & Dwight Co., Inc. has a twelve month low of $90.26 and a twelve month high of $113.50. The company has a market capitalization of $26.27 billion, a price-to-earnings ratio of 48.08, a PEG ratio of 3.92 and a beta of 0.57. 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 announced its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the prior year, the business posted $0.74 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.45 EPS for the current year.

Church & Dwight Announces Dividend

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

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This trade represents a 61.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 583,033 shares of company stock valued at $61,221,493. 1.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Piper Sandler started coverage on Church & Dwight in a research note on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company. TD Cowen raised their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their target price on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. Finally, Barclays dropped their price target on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $108.53.

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.