Elk River Wealth Management LLC Has $3.68 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Elk River Wealth Management LLC raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 35,179 shares of the company’s stock after buying an additional 501 shares during the period. Elk River Wealth Management LLC’s holdings in Church & Dwight were worth $3,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of CHD. Game Plan Financial Advisors LLC acquired a new position in Church & Dwight in the 1st quarter valued at about $26,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the first quarter valued at approximately $28,000. Roble Belko & Company Inc bought a new position in shares of Church & Dwight during the first quarter worth approximately $31,000. Rothschild Investment LLC acquired a new stake in Church & Dwight during the 2nd quarter worth approximately $31,000. Finally, Creekmur Asset Management LLC bought a new stake in Church & Dwight in the 4th quarter valued at $32,000. 86.60% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $429,179.03. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 0.4 %

CHD stock traded up $0.39 during midday trading on Monday, hitting $102.00. The stock had a trading volume of 180,357 shares, compared to its average volume of 1,362,700. The company has a current ratio of 1.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. The business has a fifty day moving average price of $102.43 and a two-hundred day moving average price of $104.04. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31. The firm has a market cap of $24.97 billion, a P/E ratio of 31.26, a price-to-earnings-growth ratio of 3.71 and a beta of 0.54.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. The business had revenue of $1.51 billion during 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 firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 earnings per share. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently announced 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 yield of 1.11%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s payout ratio is 34.77%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Truist Financial dropped their target price on 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 cut 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. JPMorgan Chase & Co. upped their target price on Church & Dwight from $97.00 to $98.00 and gave the company an “underweight” rating in a research report on Friday. BNP Paribas assumed coverage on Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target on the stock. Finally, Piper Sandler began coverage on Church & Dwight in a research report on Tuesday, September 24th. They set an “overweight” rating and a $120.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $107.50.

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.