First National Advisers LLC boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 3.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,484 shares of the company’s stock after buying an additional 945 shares during the period. First National Advisers LLC’s holdings in Church & Dwight were worth $3,192,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the business. GWN Securities Inc. acquired a new position in Church & Dwight during the fourth quarter worth $545,000. Avalon Trust Co grew its position in shares of Church & Dwight by 33.3% in the fourth quarter. Avalon Trust Co now owns 800 shares of the company’s stock valued at $84,000 after purchasing an additional 200 shares during the last quarter. one8zero8 LLC acquired a new stake in shares of Church & Dwight in the fourth quarter valued at about $1,798,000. Natixis Advisors LLC grew its position in shares of Church & Dwight by 2.3% in the fourth quarter. Natixis Advisors LLC now owns 168,145 shares of the company’s stock valued at $17,606,000 after purchasing an additional 3,816 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Church & Dwight by 5.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 75,596 shares of the company’s stock valued at $7,916,000 after purchasing an additional 4,176 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.
Church & Dwight Stock Down 0.6 %
Shares of CHD opened at $109.15 on Friday. The stock has a market cap of $26.85 billion, a price-to-earnings ratio of 46.05, a P/E/G ratio of 3.32 and a beta of 0.57. 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 Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46. The company has a 50-day moving average price of $106.84 and a two-hundred day moving average price of $105.68.
Church & Dwight Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a dividend of $0.295 per share. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.
Analyst Upgrades and Downgrades
CHD has been the topic of several research analyst reports. Piper Sandler lowered their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Barclays raised their price target on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Truist Financial raised their price target on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. lowered their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Finally, Stifel Nicolaus raised their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $111.56.
Get Our Latest Research Report on Church & Dwight
Insider Activity
In other news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the transaction, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at $707,941.26. This trade represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 75,570 shares of company stock worth $8,599,549. Insiders own 1.40% of the company’s stock.
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.
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