1,000,715 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Holocene Advisors LP

Holocene Advisors LP purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,000,715 shares of the company’s stock, valued at approximately $104,795,000. Holocene Advisors LP owned approximately 0.41% of Church & Dwight as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Cetera Investment Advisers boosted its stake in Church & Dwight by 776.0% during the 1st quarter. Cetera Investment Advisers now owns 71,026 shares of the company’s stock valued at $7,409,000 after purchasing an additional 62,918 shares in the last quarter. Cetera Advisors LLC raised its position in Church & Dwight by 22.5% in the first quarter. Cetera Advisors LLC now owns 25,569 shares of the company’s stock worth $2,667,000 after acquiring an additional 4,696 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in Church & Dwight by 3.8% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 113,320 shares of the company’s stock valued at $11,727,000 after acquiring an additional 4,170 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Church & Dwight by 64.6% during the 2nd quarter. GAMMA Investing LLC now owns 4,697 shares of the company’s stock valued at $487,000 after purchasing an additional 1,843 shares in the last quarter. Finally, DNB Asset Management AS grew its stake in shares of Church & Dwight by 13.5% in the 2nd quarter. DNB Asset Management AS now owns 46,676 shares of the company’s stock worth $4,839,000 after purchasing an additional 5,542 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In related news, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 112,719 shares in the company, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 543,513 shares of company stock worth $56,795,253. Insiders own 1.40% of the company’s stock.

Church & Dwight Trading Down 0.2 %

CHD opened at $110.13 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $26.98 billion, a PE ratio of 49.39, a PEG ratio of 4.03 and a beta of 0.57. The firm has a 50-day moving average price of $104.87 and a two-hundred day moving average price of $104.31. Church & Dwight Co., Inc. has a 1-year low of $90.26 and a 1-year high of $113.50.

Church & Dwight (NYSE:CHD) last posted 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. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the business earned $0.74 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, November 15th. Church & Dwight’s dividend payout ratio is presently 50.67%.

Analyst Ratings Changes

Several research analysts have issued reports on CHD shares. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Morgan Stanley lowered Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price for the company. in a report on Monday, September 9th. Truist Financial dropped their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Barclays cut their price target on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. Finally, Stifel Nicolaus lowered their target price on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $108.53.

Church & Dwight Company 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.