Oppenheimer & Co. Inc. Increases Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Oppenheimer & Co. Inc. grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 32,066 shares of the company’s stock after buying an additional 104 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Church & Dwight were worth $3,358,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CHD. Capital Performance Advisors LLP purchased a new stake in Church & Dwight in the third quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Church & Dwight in the 3rd quarter worth about $28,000. Crewe Advisors LLC bought a new stake in shares of Church & Dwight during the 1st quarter valued at about $28,000. Rothschild Investment LLC bought a new stake in shares of Church & Dwight during the 2nd quarter valued at about $31,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Church & Dwight during the second quarter valued at about $33,000. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other news, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This represents a 59.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bradley C. Irwin sold 13,200 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total transaction of $1,418,208.00. Following the completion of the transaction, the director now directly owns 37,169 shares in the company, valued at approximately $3,993,437.36. The trade was a 26.21 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 490,613 shares of company stock worth $50,858,457. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on CHD shares. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays decreased their price objective on Church & Dwight from $86.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the company an “underweight” rating in a report on Monday, November 4th. Finally, Morgan Stanley lowered shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price target for the company. in a research note on Monday, September 9th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus target price of $108.53.

Church & Dwight Trading Up 1.3 %

Shares of NYSE:CHD opened at $109.02 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight Co., Inc. has a 1 year low of $90.26 and a 1 year high of $110.31. The company has a market cap of $26.71 billion, a P/E ratio of 48.89, a PEG ratio of 3.95 and a beta of 0.55. The stock’s fifty day moving average price is $103.40 and its 200-day moving average price is $104.05.

Church & Dwight (NYSE:CHD) last posted its 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. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the prior year, the business earned $0.74 EPS. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. 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 business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) 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.