Church & Dwight (NYSE:CHD) CEO Richard Dierker Sells 83,340 Shares of Company Stock

Church & Dwight Co., Inc. (NYSE:CHD) CEO Richard Dierker sold 83,340 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $109.59, for a total value of $9,133,230.60. Following the sale, the chief executive officer owned 38,659 shares in the company, valued at approximately $4,236,639.81. The trade was a 68.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Church & Dwight Stock Performance

CHD opened at $112.08 on Thursday. The firm has a fifty day moving average price of $99.83 and a 200 day moving average price of $97.98. Church & Dwight Co., Inc. has a 1 year low of $81.49 and a 1 year high of $113.25. The stock has a market cap of $26.45 billion, a P/E ratio of 34.49, a P/E/G ratio of 3.86 and a beta of 0.45. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.96 and a quick ratio of 0.62.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, October 30th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. Church & Dwight had a net margin of 12.41% and a return on equity of 20.28%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.81 EPS. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.77 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.1%. Church & Dwight’s dividend payout ratio (DPR) is 37.85%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Church & Dwight during the second quarter valued at approximately $2,174,535,000. Bank of America Corp DE bought a new position in Church & Dwight in the 2nd quarter valued at about $223,875,000. Allspring Global Investments Holdings LLC grew its position in Church & Dwight by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,050,105 shares of the company’s stock valued at $468,902,000 after buying an additional 1,709,090 shares in the last quarter. Legal & General Group Plc acquired a new stake in Church & Dwight in the second quarter worth approximately $153,639,000. Finally, Bank of New York Mellon Corp acquired a new stake in Church & Dwight in the second quarter worth approximately $125,483,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CHD shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Church & Dwight in a research note on Wednesday, October 14th. Wall Street Zen raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a research note on Saturday, October 10th. UBS Group raised their price target on shares of Church & Dwight from $106.00 to $112.00 and gave the company a “neutral” rating in a research report on Monday. Morgan Stanley boosted their target price on Church & Dwight from $112.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, TD Cowen reiterated a “hold” rating and issued a $115.00 price objective (up from $97.00) on shares of Church & Dwight in a research note on Tuesday. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus target price of $108.44.

More Church & Dwight News

Here are the key news stories impacting Church & Dwight this week:

• Positive Sentiment: Several analysts raised price targets or expressed optimism: Wells Fargo reiterated an “overweight” rating and raised its target to $115, while Morgan Stanley lifted its target to $117. JPMorgan said the stock could rise, and Citigroup also boosted its target. These revisions add support after the company’s recent quarterly earnings beat and stronger sales outlook. Wells Fargo rating
• Neutral Sentiment: Analyst views remain mixed: Morgan Stanley’s higher target came with an “equal weight” rating, while the broader consensus was reported as “Hold.” This suggests target increases do not necessarily signal strong conviction that shares will keep advancing. Morgan Stanley outlook
• Negative Sentiment: Barclays maintained a “sell”/underweight stance despite raising its price target to $89, a cautious call that points to potential downside from recent levels. Barclays rating
• Negative Sentiment: CEO Richard Dierker sold 83,340 shares for about $9.1 million, reducing his reported ownership by 68.31%. Director Bradley Irwin also sold 4,300 shares, worth about $475,000. Insider sales can weigh on sentiment, though the filings do not give reasons for the transactions. CEO transaction filing Director transaction filing

About Church & Dwight

Church & Dwight Co, Inc is a consumer packaged goods company that develops, manufactures and markets household, personal care and specialty products. Its portfolio is anchored by the ARM & HAMMER brand, which is used across products such as baking soda, laundry detergent, cat litter, household cleaners, oral care products and personal care items.

The company also markets a broad range of branded products, including OxiClean laundry and cleaning products, Trojan sexual wellness products, Waterpik oral health devices, First Response pregnancy and fertility tests, Nair hair-removal products, Orajel oral pain relief, TheraBreath oral care products, and vitamins and supplements sold under the Vitafusion and L’il Critters brands.