Kennebec Savings Bank Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

Kennebec Savings Bank acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 582 shares of the company’s stock, valued at approximately $61,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight during the third quarter valued at approximately $27,000. Crewe Advisors LLC bought a new stake in shares of Church & Dwight during the first quarter valued at approximately $28,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight during the third quarter valued at approximately $28,000. Rothschild Investment LLC bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $31,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $33,000. 86.60% of the stock is currently owned by institutional investors.

Insider Activity at Church & Dwight

In related news, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total value of $31,152,000.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,704,740.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total value of $31,152,000.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,704,740.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the sale, the director now owns 7,129 shares of the company’s stock, valued at $740,275.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 477,413 shares of company stock worth $49,440,249. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CHD has been the topic of several recent analyst reports. TD Cowen boosted their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Truist Financial decreased their price target on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Barclays decreased their price target on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft boosted their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company boosted their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Three investment 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 data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $108.05.

Church & Dwight Trading Up 1.2 %

Shares of CHD opened at $107.71 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a 12-month low of $89.05 and a 12-month high of $110.31. The firm has a market capitalization of $26.39 billion, a PE ratio of 48.30, a price-to-earnings-growth ratio of 3.89 and a beta of 0.55. The stock’s fifty day simple moving average is $103.16 and its 200-day simple moving average is $103.98.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion for 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 firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.74 earnings per share. As a group, research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.2838 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.05%. Church & Dwight’s dividend payout ratio is presently 50.67%.

About Church & Dwight

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.