14,800 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Radnor Capital Management LLC

Radnor Capital Management LLC purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the 3rd quarter, Holdings Channel reports. The firm purchased 14,800 shares of the company’s stock, valued at approximately $1,550,000.

Other institutional investors also recently bought and sold shares of the company. Capital International Investors boosted its stake in shares of Church & Dwight by 1.0% in the first quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock valued at $948,968,000 after purchasing an additional 92,862 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Church & Dwight by 2.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 7,586,482 shares of the company’s stock worth $786,566,000 after purchasing an additional 153,127 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of Church & Dwight by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after acquiring an additional 175,221 shares during the period. ProShare Advisors LLC increased its holdings in shares of Church & Dwight by 1.8% in the 1st quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after acquiring an additional 31,145 shares during the period. Finally, Millennium Management LLC increased its holdings in shares of Church & Dwight by 1,617.3% in the 2nd quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock worth $134,043,000 after acquiring an additional 1,217,568 shares during the period. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research report on Monday, September 9th. Truist Financial decreased their target price on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 5th. Evercore ISI reduced their price target on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. JPMorgan Chase & Co. raised their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $108.05.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $104.13 on Wednesday. Church & Dwight Co., Inc. has a 1 year low of $86.23 and a 1 year high of $110.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The company’s 50-day moving average is $102.98 and its 200 day moving average is $104.03. The stock has a market capitalization of $25.51 billion, a P/E ratio of 46.70, a P/E/G ratio of 3.78 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 earnings per share. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.2838 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.09%. Church & Dwight’s payout ratio is 50.67%.

Insider Buying and Selling at Church & Dwight

In related news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares of the company’s stock, valued at approximately $740,275.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the transaction, the director now owns 7,129 shares in the company, valued at $740,275.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

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.