Crestwood Advisors Group LLC Has $11.52 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Crestwood Advisors Group LLC raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,974 shares of the company’s stock after purchasing an additional 267 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Church & Dwight were worth $11,516,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Capital International Investors increased its position in shares of Church & Dwight by 1.0% during the first quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock valued at $948,968,000 after acquiring an additional 92,862 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Church & Dwight by 2.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 7,586,482 shares of the company’s stock valued at $786,566,000 after acquiring an additional 153,127 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Church & Dwight by 5.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after purchasing an additional 175,221 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Church & Dwight by 1.8% in the 1st quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after purchasing an additional 31,145 shares during the period. Finally, Millennium Management LLC lifted its stake in Church & Dwight by 1,617.3% in the second quarter. Millennium Management LLC now owns 1,292,854 shares of the company’s stock valued at $134,043,000 after purchasing an additional 1,217,568 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Evercore ISI dropped their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. Morgan Stanley cut shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research note on Monday, September 9th. Truist Financial reduced their price target on shares of Church & Dwight from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Stifel Nicolaus reduced their target price on Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research report on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $108.05.

Church & Dwight Trading Up 0.0 %

CHD traded up $0.04 during trading on Tuesday, hitting $103.00. 22,781 shares of the stock traded hands, compared to its average volume of 1,371,051. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight Co., Inc. has a 12-month low of $86.23 and a 12-month high of $110.31. The firm has a market capitalization of $25.22 billion, a P/E ratio of 46.17, a price-to-earnings-growth ratio of 3.87 and a beta of 0.55. The firm has a 50-day moving average of $102.92 and a 200 day moving average of $104.03.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.79 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 during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the firm posted $0.74 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.43 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.2838 per share. The ex-dividend date is Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.10%. Church & Dwight’s payout ratio is presently 50.67%.

Church & Dwight 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.