Church & Dwight Co., Inc. (NYSE:CHD) Position Lifted by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 183.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,744 shares of the company’s stock after purchasing an additional 5,014 shares during the period. Connecticut Wealth Management LLC’s holdings in Church & Dwight were worth $732,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CHD. Chilton Capital Management LLC raised its stake in Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares in the last quarter. Annapolis Financial Services LLC raised its position in shares of Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after acquiring an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. bought a new position in Church & Dwight during the third quarter worth $38,000. McGlone Suttner Wealth Management Inc. acquired a new position in Church & Dwight in the fourth quarter worth $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its stake in Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after purchasing an additional 293 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity

In related news, EVP Michael Read sold 4,500 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Michael Read sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Barry A. Bruno sold 9,926 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 373,052 shares of company stock worth $38,603,796. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. UBS Group lifted their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, February 23rd. Deutsche Bank Aktiengesellschaft increased their price target on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Barclays boosted their price objective on Church & Dwight from $80.00 to $83.00 and gave the company an “underweight” rating in a research report on Friday, April 12th. Finally, Evercore ISI increased their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research report on Friday. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $105.63.

Church & Dwight Price Performance

NYSE:CHD traded up $0.23 during mid-day trading on Friday, reaching $106.11. 1,283,889 shares of the stock were exchanged, compared to its average volume of 1,247,251. The company has a current ratio of 1.33, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The business has a fifty day moving average price of $103.68 and a 200 day moving average price of $97.88. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $108.68. The firm has a market capitalization of $25.88 billion, a PE ratio of 33.69, a PEG ratio of 3.55 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Research analysts expect that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be issued a $0.2838 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio is currently 35.87%.

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.