2 weeks Ago By ABMN Staff
Thrivent Financial for Lutherans raised its holdings in Church & Dwight Co., Inc. ( NYSE:CHD – Free Report ) by 5.
6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,628 shares of the company’s stock after purchasing an additional 1,529 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Church & Dwight were worth $2,969,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CHD. Nomura Holdings Inc. lifted its holdings in Church & Dwight by 442.
1% in the fourth quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock valued at $1,338,000 after acquiring an additional 11,538 shares during the period.
CANADA LIFE ASSURANCE Co lifted its stake in shares of Church & Dwight by 13.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock valued at $35,755,000 after purchasing an additional 39,695 shares during the period.
Russell Investments Group Ltd. boosted its holdings in Church & Dwight by 12.8% during the first quarter.
Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock worth $21,798,000 after buying an additional 23,754 shares in the last quarter. Cim LLC acquired a new stake in Church & Dwight during the fourth quarter valued at $3,188,000.
Finally, Ossiam increased its holdings in Church & Dwight by 24.3% in the fourth quarter. Ossiam now owns 42,818 shares of the company’s stock valued at $4,049,000 after buying an additional 8,384 shares in the last quarter.
86.60% of the stock is owned by institutional investors and hedge funds. Insiders Place Their Bets In other news, EVP Barry A.
Bruno sold 59,328 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.
36. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $429,179.03.
The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . 2.00% of the stock is owned by insiders.
Church & Dwight Stock Up 1.4 % Church & Dwight ( NYSE:CHD – Get Free Report ) last issued its earnings results on Friday, August 2nd. The company reported $0.
93 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09.
Church & Dwight had a net margin of 13.38% and a return on equity of 19.86%.
The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion.
During the same period in the previous year, the firm earned $0.92 earnings per share. Church & Dwight’s quarterly revenue was up 3.
9% compared to the same quarter last year. As a group, equities analysts forecast that Church & Dwight Co., Inc.
will post 3.43 EPS for the current year. Church & Dwight Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd.
Investors of record on Thursday, August 15th were given a $0.2838 dividend. The ex-dividend date of this dividend was Thursday, August 15th.
This represents a $1.14 annualized dividend and a yield of 1.09%.
Church & Dwight’s payout ratio is 35.87%. Analysts Set New Price Targets A number of equities research analysts have recently commented on CHD shares.
TD Cowen started coverage on Church & Dwight in a research report on Tuesday, July 23rd. They set a “buy” rating and a $116.00 target price on the stock.
Truist Financial cut their price objective on Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th.
Argus increased their target price on Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th.
Piper Sandler initiated coverage on shares of Church & Dwight in a report on Tuesday, September 24th. They issued an “overweight” rating and a $120.00 price target for the company.
Finally, Stifel Nicolaus decreased their price objective on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, August 5th.
Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.25.
Read Our Latest Research Report on CHD Church & Dwight Profile ( Free Report ) 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.
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