Raymond James Financial Services Advisors Inc. increases holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Raymond James Financial Services Advisors Inc. increased its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 1.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 209,697 shares of the company’s stock after acquiring an additional 1,976 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.09% of Church & Dwight worth $21,741,000 as of its most recent SEC filing.

Several other hedge funds have recently modified their positions in CHD. Game Plan Financial Advisors LLC purchased a new position in Church & Dwight in the first quarter worth about $26,000. Crewe Advisors LLC acquired a new position in shares of Church & Dwight in the first quarter worth about $28,000. Roble Belko & Company Inc purchased a new position in shares of Church & Dwight in the first quarter valued at $31,000. Creekmur Asset Management LLC purchased a new stake in Church & Dwight in the 4th quarter valued at $32,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Church & Dwight in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 86.60% of the company’s shares.

Insider trading at Church & Dwight

In related news, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $813,479.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The transaction was disclosed in a filing with the SEC, which is accessible via this hyperlink. Also, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $99.37, for a total value of $5,895,423.36. Following the sale, the executive vice president now directly owns 4,319 shares in the company, valued at $429,179.03. The disclosure for this sale can be found here. Insiders sold 220,722 shares of company stock worth $23,139,816 in the last quarter. Insiders own 2.00% of the company’s shares.

Analysts on Wall Street are forecasting an increase

A number of research analysts have commented on CHD shares. Wells Fargo & Company decreased their price objective on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. TD Cowen began coverage on Church & Dwight in a research note on Tuesday, July 23rd. They set a “buy” rating and a $116.00 price objective for the company. Evercore ISI cut their price objective on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. BNP Paribas assumed coverage on Church & Dwight in a research note on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price on the stock. Finally, HSBC raised their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Friday, May 3rd. . Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and a consensus price target of $106.58.

Get the latest stock report on Church & Dwight

Church & Dwight trading up 1.5%

Shares of CHD stock opened at $101.63 on Wednesday. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $110.31. The firm has a market cap of $24.88 billion, a PE ratio of 32.26, a price-to-earnings-growth ratio of 3.37 and a beta of 0.52. The stock has a fifty day moving average of $103.31 and a two hundred day moving average of $103.62. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98, and a current ratio of 1.53.

Church & Dwight (NYSE:CHD – Get Your Free Report ) last released its quarterly earnings data 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 analyst estimates of $1.51 billion. In the same quarter last year, the company earned $0.92 per share. The company’s revenue for the quarter was up 3.9% year over year. As a group, research analysts expect Church & Dwight Co., Inc. to post 3.43 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.2838 per share. The ex-dividend date of this dividend is Thursday, August 15. This represents an annualized dividend of $1.14 and a dividend yield of 1.12%. Church & Dwight’s dividend payout ratio (DPR) is 35.87%.

Church & Dwight Company 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 litter, carpet deodorizers, laundry detergent and baking soda, as well as other baking soda products under the ARM & HAMMER brand; condoms, lubricants and vibrators under the TROJAN brand; detergents, cleaning solutions, laundry detergents and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; pregnancy and ovulation home test kits under the FIRST RESPONSE brand; epilators under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gum food supplements under the brands L’IL CRITTERS and VITAFUSION; dry shampoos under the BATISTE brand; dental floss and shower heads under the WATERPIK brand; shortening and cold improvement products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.

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