Nicholson Wealth Management Group LLC increased its position in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 1.2% in the second quarter, Holdings Channel.com reports. The fund owned 14,596 shares of the company’s stock after acquiring an additional 167 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Church & Dwight were worth $1,403,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of CHD. Wayfinding Financial LLC bought a new position in shares of Church & Dwight in the first quarter valued at approximately $40,000. Opal Wealth Advisors LLC bought a new stake in Church & Dwight during the second quarter valued at approximately $45,000. Chilton Capital Management LLC lifted its position in Church & Dwight by 90.9% during the first quarter. Chilton Capital Management LLC now owns 420 shares of the company’s stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Motco bought a new stake in Church & Dwight during the first quarter valued at approximately $46,000. Finally, North Capital Inc. bought a new stake in Church & Dwight during the first quarter valued at approximately $47,000. 86.60% of the stock is currently owned by institutional investors.
Church & Dwight Trading Up 1.5%
Shares of CHD opened at $88.56 on Friday. The firm has a market cap of $21.57 billion, a price-to-earnings ratio of 41.78, a PEG ratio of 3.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.84. Church & Dwight Co., Inc. has a fifty-two week low of $85.08 and a fifty-two week high of $116.46. The firm has a 50 day moving average price of $90.92 and a 200-day moving average price of $95.45.
Church & Dwight Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. Church & Dwight’s payout ratio is presently 55.66%.
Insider Buying and Selling
In other news, CEO Richard A. Dierker bought 5,470 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average cost of $91.57 per share, with a total value of $500,887.90. Following the completion of the purchase, the chief executive officer directly owned 27,212 shares in the company, valued at $2,491,802.84. This represents a 25.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, EVP Lee B. Mcchesney bought 5,409 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $91.38 per share, for a total transaction of $494,274.42. Following the completion of the purchase, the executive vice president owned 5,409 shares of the company’s stock, valued at $494,274.42. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 12,879 shares of company stock valued at $1,177,702 over the last three months. 2.00% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on CHD shares. Redburn Atlantic lowered shares of Church & Dwight from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Rothschild & Co Redburn lowered shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $83.00 target price for the company. in a research report on Monday, July 14th. Wells Fargo & Company dropped their target price on shares of Church & Dwight from $108.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Barclays dropped their target price on shares of Church & Dwight from $84.00 to $83.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Finally, Wall Street Zen upgraded shares of Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $100.88.
View Our Latest Stock Analysis on CHD
Church & Dwight Profile
Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
Featured Stories
- Five stocks we like better than Church & Dwight
- Want to Profit on the Downtrend? Downtrends, Explained.
- This AI Chip Giant Could Be the Market’s Next Big Winner
- How to Invest in Blue Chip Stocks
- Broadcom Inks OpenAI Deal: Why It’s A Huge Win for AVGO Stock
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Institutions Are Fueling CrowdStrike’s Next Leg Higher
Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
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.