APG Asset Management N.V. Has $48.69 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

APG Asset Management N.V. increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 503,323 shares of the company’s stock after acquiring an additional 31,000 shares during the quarter. APG Asset Management N.V. owned about 0.21% of Church & Dwight worth $48,691,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CHD. Vanguard Group Inc. boosted its stake in shares of Church & Dwight by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after purchasing an additional 354,946 shares during the last quarter. Capital International Investors boosted its position in 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 holdings in 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 worth $786,566,000 after acquiring an additional 153,127 shares during the period. ProShare Advisors LLC raised its position 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 acquiring an additional 31,145 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Church & Dwight by 26.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,334,950 shares of the company’s stock valued at $126,233,000 after purchasing an additional 277,017 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Barry A. Bruno sold 59,328 shares of the business’s stock in a transaction on 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 sale was disclosed in a filing with the SEC, which is accessible through this link. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CHD shares. Morgan Stanley downgraded 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. Argus raised their price target on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Truist Financial decreased 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 note on Monday, August 5th. Piper Sandler started coverage on shares of Church & Dwight in a research report on Tuesday. They set an “overweight” rating and a $120.00 price objective on the stock. Finally, BNP Paribas assumed coverage on Church & Dwight in a research report on Monday, June 24th. They issued a “neutral” rating and a $114.00 target price for the company. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average price target of $107.25.

Church & Dwight Price Performance

Church & Dwight stock opened at $102.91 on Friday. The stock has a market cap of $25.19 billion, a P/E ratio of 32.67, a P/E/G ratio of 3.81 and a beta of 0.54. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. The company’s 50 day moving average price is $102.05 and its two-hundred day moving average price is $104.22. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $110.31.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.09. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.92 earnings per share. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.43 earnings per share for the current year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid 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 1.10%. Church & Dwight’s payout ratio is 35.87%.

About Church & Dwight

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.