Northcape Capital Pty Ltd Sells 1,336 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Northcape Capital Pty Ltd decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 20.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,230 shares of the company’s stock after selling 1,336 shares during the period. Church & Dwight accounts for about 0.1% of Northcape Capital Pty Ltd’s portfolio, making the stock its 27th largest holding. Northcape Capital Pty Ltd’s holdings in Church & Dwight were worth $548,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Church & Dwight by 1.4% during the second quarter. Victory Capital Management Inc. now owns 168,269 shares of the company’s stock worth $17,446,000 after purchasing an additional 2,286 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Church & Dwight by 132.7% during the second quarter. Private Advisor Group LLC now owns 34,677 shares of the company’s stock worth $3,595,000 after buying an additional 19,778 shares in the last quarter. Savant Capital LLC boosted its position in shares of Church & Dwight by 22.0% in the second quarter. Savant Capital LLC now owns 4,292 shares of the company’s stock valued at $445,000 after acquiring an additional 775 shares during the period. Cullen Frost Bankers Inc. grew its stake in shares of Church & Dwight by 8,230.0% in the second quarter. Cullen Frost Bankers Inc. now owns 1,666 shares of the company’s stock valued at $173,000 after acquiring an additional 1,646 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in Church & Dwight during the second quarter worth about $38,000. 86.60% of the stock is owned by institutional investors.

Church & Dwight Price Performance

Church & Dwight stock opened at $102.83 on Wednesday. The stock’s 50 day moving average price is $106.77 and its two-hundred day moving average price is $104.11. The stock has a market capitalization of $25.19 billion, a price-to-earnings ratio of 46.11, a PEG ratio of 3.86 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. Church & Dwight Co., Inc. has a 52-week low of $93.45 and a 52-week high of $113.50.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 earnings per share. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.45 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 issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio is currently 50.67%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CHD shares. Deutsche Bank Aktiengesellschaft raised their target price 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. Piper Sandler raised their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a report on Monday. Barclays cut their price target on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Finally, JPMorgan Chase & Co. upped their target price on Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average price target of $110.00.

Insider Activity at Church & Dwight

In related news, Director Arthur B. Winkleblack sold 11,590 shares of the 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 completion of the sale, the director now directly owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. This represents a 61.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Rick Spann sold 39,520 shares of Church & Dwight stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the transaction, the executive vice president now directly owns 4,973 shares in the company, valued at $556,976. This represents a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 593,035 shares of company stock valued at $62,282,808. 1.40% of the stock is owned by company insiders.

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.