Scientech Research LLC Invests $1.10 Million in Church & Dwight Co., Inc. (NYSE:CHD)

Scientech Research LLC purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the 2nd quarter, HoldingsChannel reports. The firm purchased 10,598 shares of the company’s stock, valued at approximately $1,099,000.

Other large investors have also made changes to their positions in the company. Game Plan Financial Advisors LLC acquired a new stake in Church & Dwight in the first quarter valued at approximately $26,000. Crewe Advisors LLC bought a new stake in Church & Dwight in the first quarter worth $28,000. Roble Belko & Company Inc bought a new stake in Church & Dwight in the first quarter worth $31,000. Rothschild Investment LLC acquired a new position in Church & Dwight during the second quarter worth $31,000. Finally, Creekmur Asset Management LLC bought a new position in Church & Dwight during the fourth quarter valued at about $32,000. Institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Up 1.4 %

Shares of CHD stock opened at $104.33 on Friday. The stock has a market cap of $25.54 billion, a P/E ratio of 33.12, a price-to-earnings-growth ratio of 3.81 and a beta of 0.54. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. The stock has a fifty day moving average price of $102.06 and a 200 day moving average price of $104.21. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31.

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

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were given a dividend of $0.2838 per share. The ex-dividend date was Thursday, August 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Analyst Upgrades and Downgrades

CHD has been the subject of several recent analyst reports. Morgan Stanley downgraded Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target for the company. in a research note on Monday, September 9th. Barclays upped their target price on Church & Dwight from $80.00 to $82.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 6th. BNP Paribas assumed coverage on shares of Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target on the stock. Evercore ISI decreased their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a report on Monday, August 5th. Finally, TD Cowen started coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $107.25.

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.