Cromwell Holdings LLC Sells 184 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Cromwell Holdings LLC reduced its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 26.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 502 shares of the company’s stock after selling 184 shares during the period. Cromwell Holdings LLC’s holdings in Church & Dwight were worth $53,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Empowered Funds LLC grew its position in Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after acquiring an additional 99 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in Church & Dwight by 0.3% during the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock valued at $3,358,000 after acquiring an additional 104 shares during the last quarter. HCR Wealth Advisors grew its position in Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock valued at $1,231,000 after acquiring an additional 106 shares during the last quarter. Kingsview Wealth Management LLC grew its position in Church & Dwight by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock valued at $353,000 after acquiring an additional 107 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in Church & Dwight by 0.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock valued at $1,270,000 after acquiring an additional 110 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now owns 32,500 shares of the company’s stock, valued at approximately $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Michael Read purchased 1,100 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The shares were bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 49,522 shares of company stock valued at $5,487,555. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Performance

Shares of CHD stock opened at $104.36 on Friday. The stock has a fifty day moving average of $105.38 and a 200 day moving average of $104.66. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $113.50. The firm has a market capitalization of $25.67 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 3.32 and a beta of 0.59. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the company earned $0.65 earnings per share. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.295 per share. The ex-dividend date is Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.13%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

Analyst Ratings Changes

CHD has been the topic of a number of recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Truist Financial increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company increased their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, Church & Dwight has an average rating of “Hold” and a consensus target price of $111.53.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.