Church & Dwight Co., Inc. $CHD Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 535,981 shares of the company’s stock after selling 18,533 shares during the quarter. Church & Dwight accounts for 3.2% of Compass Capital Management Inc.’s holdings, making the stock its 17th largest position. Compass Capital Management Inc.’s holdings in Church & Dwight were worth $50,500,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Principle Wealth Partners LLC boosted its position in shares of Church & Dwight by 2.1% during the third quarter. Principle Wealth Partners LLC now owns 4,900 shares of the company’s stock worth $462,000 after acquiring an additional 100 shares during the last quarter. North Dakota State Investment Board increased its holdings in Church & Dwight by 1.5% in the 3rd quarter. North Dakota State Investment Board now owns 7,254 shares of the company’s stock valued at $683,000 after acquiring an additional 109 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in Church & Dwight by 5.3% in the 1st quarter. Arkadios Wealth Advisors now owns 2,692 shares of the company’s stock valued at $251,000 after acquiring an additional 136 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Church & Dwight by 3.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,222 shares of the company’s stock valued at $506,000 after acquiring an additional 153 shares during the last quarter. Finally, United Asset Strategies Inc. lifted its stake in Church & Dwight by 3.5% in the 3rd quarter. United Asset Strategies Inc. now owns 4,701 shares of the company’s stock worth $443,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Church & Dwight from $105.00 to $109.00 and gave the company a “neutral” rating in a report on Monday, November 2nd. TD Cowen reaffirmed a “hold” rating and issued a $115.00 target price (up from $97.00) on shares of Church & Dwight in a report on Tuesday, November 3rd. UBS Group lifted their target price on Church & Dwight from $106.00 to $112.00 and gave the stock a “neutral” rating in a report on Monday, November 2nd. Wall Street Zen upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research report on Saturday, October 10th. Finally, Royal Bank Of Canada increased their price target on Church & Dwight from $114.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average price target of $108.44.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Surabhi Pokhriyal sold 21,970 shares of the business’s stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $111.23, for a total value of $2,443,723.10. Following the completion of the sale, the executive vice president directly owned 896 shares of the company’s stock, valued at $99,662.08. The trade was a 96.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet S. Vergis sold 11,590 shares of the business’s stock in a transaction that occurred on Wednesday, November 11th. The stock was sold at an average price of $112.00, for a total transaction of $1,298,080.00. Following the completion of the transaction, the director directly owned 21,188 shares of the company’s stock, valued at $2,373,056. This trade represents a 35.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 170,650 shares of company stock valued at $18,553,080 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 1.0%

Shares of CHD opened at $112.85 on Friday. The stock has a market capitalization of $26.64 billion, a PE ratio of 30.86, a P/E/G ratio of 3.96 and a beta of 0.45. The company’s fifty day moving average is $101.36 and its 200 day moving average is $98.65. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 0.96. Church & Dwight Co., Inc. has a fifty-two week low of $81.49 and a fifty-two week high of $114.64.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, October 30th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. Church & Dwight had a net margin of 12.41% and a return on equity of 20.28%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the business earned $0.81 earnings per share. Church & Dwight’s quarterly revenue was up 1.0% compared to the same quarter last year. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.77 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

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

Church & Dwight Profile

Church & Dwight is a consumer products company whose history traces to 1846, when John Dwight and Austin Church began producing baking soda. The company is best known for its ARM & HAMMER brand and sells household, personal care, and specialty products under a portfolio of owned brands. Its products include laundry detergents and cleaners, oral care items, cat litter, deodorants, condoms, pregnancy and ovulation tests, hair-removal products, and water flossers. Brands include OxiClean, Trojan, First Response, Nair, Waterpik, and TheraBreath, alongside ARM & HAMMER.