Farther Finance Advisors LLC Has $247,000 Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Farther Finance Advisors LLC decreased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 17.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,253 shares of the company’s stock after selling 475 shares during the quarter. Farther Finance Advisors LLC’s holdings in Church & Dwight were worth $247,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Wedmont Private Capital raised its position in Church & Dwight by 12.9% in the 1st quarter. Wedmont Private Capital now owns 5,106 shares of the company’s stock valued at $533,000 after purchasing an additional 582 shares during the last quarter. Gateway Investment Advisers LLC raised its position in Church & Dwight by 77.0% in the 1st quarter. Gateway Investment Advisers LLC now owns 10,796 shares of the company’s stock valued at $1,189,000 after purchasing an additional 4,698 shares during the last quarter. KFG Wealth Management LLC raised its position in Church & Dwight by 2.2% in the 1st quarter. KFG Wealth Management LLC now owns 5,476 shares of the company’s stock valued at $603,000 after purchasing an additional 119 shares during the last quarter. Radnor Capital Management LLC raised its position in Church & Dwight by 2.2% in the 1st quarter. Radnor Capital Management LLC now owns 7,560 shares of the company’s stock valued at $832,000 after purchasing an additional 160 shares during the last quarter. Finally, Sovereign Financial Group Inc. raised its position in Church & Dwight by 2.5% in the 1st quarter. Sovereign Financial Group Inc. now owns 17,730 shares of the company’s stock valued at $1,952,000 after purchasing an additional 437 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on Church & Dwight from $106.00 to $98.00 and set an “underweight” rating for the company in a research report on Friday, April 11th. Barclays cut their price objective on Church & Dwight from $94.00 to $84.00 and set an “underweight” rating for the company in a research report on Friday, May 2nd. TD Cowen downgraded Church & Dwight from a “buy” rating to a “hold” rating and set a $100.00 target price for the company. in a research report on Tuesday, May 6th. Truist Financial set a $110.00 target price on Church & Dwight and gave the stock a “buy” rating in a research report on Friday, June 6th. Finally, Cowen downgraded Church & Dwight from a “buy” rating to a “hold” rating in a research report on Tuesday, May 6th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $108.67.

Insider Buying and Selling at Church & Dwight

In other news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the business’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $99.00, for a total value of $1,451,340.00. Following the sale, the director now directly owns 13,747 shares in the company, valued at $1,360,953. The trade was a 51.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Carlen Hooker sold 6,380 shares of the business’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $98.30, for a total value of $627,154.00. Following the completion of the sale, the executive vice president now owns 262 shares in the company, valued at approximately $25,754.60. This trade represents a 96.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,575 shares of company stock valued at $4,910,586. Company insiders own 2.00% of the company’s stock.

Church & Dwight Stock Down 0.3%

Shares of Church & Dwight stock opened at $95.83 on Thursday. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The business has a fifty day simple moving average of $98.09 and a 200 day simple moving average of $103.70. The stock has a market cap of $23.60 billion, a PE ratio of 41.13, a price-to-earnings-growth ratio of 3.86 and a beta of 0.52.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.02. Church & Dwight had a return on equity of 19.28% and a net margin of 9.52%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the previous year, the firm earned $0.96 earnings per share. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. Research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th were paid a $0.295 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.23%. Church & Dwight’s payout ratio is 50.64%.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.