Wealthfront Advisers LLC purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 120,287 shares of the company’s stock, valued at approximately $11,653,000. Wealthfront Advisers LLC owned 0.05% of Church & Dwight as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in CHD. Godfrey Financial Associates Inc. purchased a new position in Church & Dwight during the 4th quarter valued at $25,000. Elyxium Wealth LLC bought a new position in Church & Dwight in the 4th quarter worth $26,000. DV Equities LLC purchased a new stake in shares of Church & Dwight in the 4th quarter worth about $28,000. Clearstead Trust LLC purchased a new stake in shares of Church & Dwight in the 2nd quarter worth about $33,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Church & Dwight during the 3rd quarter valued at about $30,000. Institutional investors own 86.60% of the company’s stock.
Church & Dwight Stock Performance
Shares of CHD stock opened at $99.19 on Thursday. Church & Dwight Co., Inc. has a 12 month low of $81.33 and a 12 month high of $106.04. The stock has a market cap of $23.53 billion, a PE ratio of 31.89, a price-to-earnings-growth ratio of 3.62 and a beta of 0.47. The company has a current ratio of 1.15, a quick ratio of 0.69 and a debt-to-equity ratio of 0.51. The company’s fifty day moving average price is $98.52 and its 200-day moving average price is $97.61.
Church & Dwight Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 14th. Church & Dwight’s dividend payout ratio is 39.55%.
Insider Buying and Selling at Church & Dwight
In other news, EVP Brian D. Buchert sold 10,160 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $98.14, for a total value of $997,102.40. Following the sale, the executive vice president directly owned 1,286 shares of the company’s stock, valued at $126,208.04. The trade was a 88.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Arthur B. Winkleblack sold 13,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.83, for a total value of $1,357,356.00. Following the completion of the sale, the director owned 7,129 shares in the company, valued at $733,075.07. The trade was a 64.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 59,220 shares of company stock valued at $5,905,747. 2.00% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Sunday. Wells Fargo & Company restated an “overweight” rating and issued a $110.00 price objective (up from $105.00) on shares of Church & Dwight in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $109.00 price objective on shares of Church & Dwight in a research report on Monday, May 4th. The Goldman Sachs Group reiterated a “buy” rating and set a $111.00 target price on shares of Church & Dwight in a report on Friday, May 29th. Finally, Evercore set a $105.00 target price on Church & Dwight in a report on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $104.41.
Read Our Latest Stock Analysis on CHD
Church & Dwight Profile
Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.
The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.
Further Reading
- Five stocks we like better than Church & Dwight
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.
