Pacer Advisors Inc. Has $4.57 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Pacer Advisors Inc. raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 44,099 shares of the company’s stock after purchasing an additional 682 shares during the period. Pacer Advisors Inc.’s holdings in Church & Dwight were worth $4,572,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Canada Pension Plan Investment Board lifted its position in shares of Church & Dwight by 0.3% in the second quarter. Canada Pension Plan Investment Board now owns 453,170 shares of the company’s stock worth $46,985,000 after purchasing an additional 1,400 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in Church & Dwight by 173.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,310 shares of the company’s stock valued at $965,000 after buying an additional 5,910 shares during the last quarter. Intech Investment Management LLC lifted its position in Church & Dwight by 12.3% during the 2nd quarter. Intech Investment Management LLC now owns 142,691 shares of the company’s stock worth $14,794,000 after buying an additional 15,605 shares in the last quarter. MQS Management LLC acquired a new position in shares of Church & Dwight during the 2nd quarter worth about $1,274,000. Finally, AllGen Financial Advisors Inc. grew its holdings in shares of Church & Dwight by 6.1% in the 2nd quarter. AllGen Financial Advisors Inc. now owns 22,717 shares of the company’s stock valued at $2,355,000 after acquiring an additional 1,298 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Price Performance

NYSE:CHD opened at $103.14 on Wednesday. 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 firm’s 50-day simple moving average is $102.06 and its 200 day simple moving average is $104.23. The firm has a market cap of $25.22 billion, a price-to-earnings ratio of 32.74, a P/E/G ratio of 3.55 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given 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 Thursday, August 15th. Church & Dwight’s payout ratio is currently 35.87%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were 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 directly owns 4,319 shares of the company’s stock, valued at approximately $429,179.03. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CHD has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on Church & Dwight from $101.00 to $97.00 and set an “underweight” rating for the company in a research report on Monday, August 5th. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a research note on Monday, September 9th. Truist Financial dropped their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. TD Cowen initiated coverage on shares of Church & Dwight in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price objective for the company. Finally, Argus upped their target price on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $107.25.

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.