Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by First National Trust Co

First National Trust Co lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 10.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 4,457 shares of the company’s stock after selling 510 shares during the quarter. First National Trust Co’s holdings in Church & Dwight were worth $467,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in Church & Dwight in the 1st quarter valued at about $247,000. Empowered Funds LLC lifted its position in shares of Church & Dwight by 50.4% in the first quarter. Empowered Funds LLC now owns 4,461 shares of the company’s stock valued at $465,000 after acquiring an additional 1,494 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in shares of Church & Dwight in the first quarter worth approximately $201,000. Headlands Technologies LLC acquired a new stake in shares of Church & Dwight in the first quarter worth approximately $89,000. Finally, QRG Capital Management Inc. increased its position in shares of Church & Dwight by 6.5% during the first quarter. QRG Capital Management Inc. now owns 10,746 shares of the company’s stock worth $1,121,000 after purchasing an additional 654 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Truist Financial dropped their price objective on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their price target on Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Monday, November 4th. 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 on the stock. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $108.53.

Insider Activity

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the 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 sale, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the sale, the director now owns 7,129 shares in the company, valued at $740,275.36. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew Farrell sold 165,823 shares of Church & Dwight stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, 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. Over the last quarter, insiders sold 490,613 shares of company stock valued at $50,858,457. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Performance

NYSE:CHD opened at $107.26 on Thursday. Church & Dwight Co., Inc. has a fifty-two week low of $90.26 and a fifty-two week high of $110.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The company has a 50 day moving average price of $103.34 and a 200 day moving average price of $104.00. The stock has a market capitalization of $26.28 billion, a P/E ratio of 48.10, a PEG ratio of 3.95 and a beta of 0.55.

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

Church & Dwight Dividend Announcement

The firm also recently declared 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 1.06%. Church & Dwight’s dividend payout ratio is presently 50.67%.

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.