Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by WD Rutherford LLC

WD Rutherford LLC increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% during the third quarter, HoldingsChannel reports. The firm owned 35,897 shares of the company’s stock after acquiring an additional 599 shares during the period. Church & Dwight accounts for approximately 1.8% of WD Rutherford LLC’s holdings, making the stock its 24th biggest position. WD Rutherford LLC’s holdings in Church & Dwight were worth $3,759,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of CHD. Texas Yale Capital Corp. boosted its position in Church & Dwight by 1.0% during the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock worth $1,106,000 after acquiring an additional 100 shares during the period. Garner Asset Management Corp increased its stake in Church & Dwight by 5.1% in the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after buying an additional 100 shares during the period. Elk River Wealth Management LLC lifted its position in Church & Dwight by 0.3% in the 2nd quarter. Elk River Wealth Management LLC now owns 34,678 shares of the company’s stock worth $3,595,000 after buying an additional 114 shares in the last quarter. Gateway Advisory LLC boosted its stake in shares of Church & Dwight by 4.4% during the 2nd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $296,000 after buying an additional 120 shares during the period. Finally, Reynders McVeigh Capital Management LLC grew its holdings in shares of Church & Dwight by 0.4% during the 1st quarter. Reynders McVeigh Capital Management LLC now owns 35,359 shares of the company’s stock valued at $3,689,000 after acquiring an additional 125 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $429,179.03. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Down 0.4 %

NYSE CHD opened at $100.63 on Wednesday. The stock has a market capitalization of $24.64 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 3.72 and a beta of 0.54. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $110.31. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.53. The stock has a fifty day moving average of $102.93 and a 200-day moving average of $104.05.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the company posted $0.92 EPS. The company’s revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CHD. JPMorgan Chase & Co. increased their price objective on Church & Dwight from $97.00 to $98.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Wells Fargo & Company reduced their price target on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Piper Sandler initiated coverage on Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price objective on the stock. Stifel Nicolaus decreased their target price on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. Finally, Barclays raised their price target on shares of Church & Dwight from $82.00 to $86.00 and gave the company an “underweight” rating in a report on Friday, October 11th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $107.50.

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.