Cwm LLC Has $1.14 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Cwm LLC decreased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 13.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,850 shares of the company’s stock after selling 1,618 shares during the period. Cwm LLC’s holdings in Church & Dwight were worth $1,136,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Nomura Holdings Inc. lifted its position in shares of Church & Dwight by 442.1% during the fourth quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock worth $1,338,000 after purchasing an additional 11,538 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in Church & Dwight by 13.1% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock worth $35,755,000 after buying an additional 39,695 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Church & Dwight by 12.8% in the 1st quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock valued at $21,798,000 after buying an additional 23,754 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Church & Dwight by 189.4% in the 4th quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock valued at $7,596,000 after buying an additional 52,576 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of Church & Dwight by 74.6% during the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock worth $7,032,000 after acquiring an additional 28,986 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.3 %

Shares of NYSE:CHD opened at $104.66 on Thursday. The firm has a market cap of $25.59 billion, a price-to-earnings ratio of 33.23, a PEG ratio of 3.81 and a beta of 0.54. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31. The company’s fifty day simple moving average is $102.61 and its 200 day simple moving average is $104.04. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51.

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

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Insider Transactions at Church & Dwight

In other news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction on 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 sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $429,179.03. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the subject of a number of research reports. Wells Fargo & Company lowered their price objective on Church & Dwight from $116.00 to $108.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. TD Cowen assumed coverage on shares of Church & Dwight in a report on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 price objective on the stock. Stifel Nicolaus lowered their target price on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a report on Monday, August 5th. Truist Financial dropped their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Finally, Piper Sandler started coverage on Church & Dwight in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $107.50.

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.