Whittier Trust Co. of Nevada Inc. Acquires 193 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 50.5% during the fourth quarter, HoldingsChannel reports. The fund owned 575 shares of the company’s stock after purchasing an additional 193 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Church & Dwight were worth $60,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $25,000. Versant Capital Management Inc lifted its position in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the period. Bank of Jackson Hole Trust acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $43,000. Golden State Wealth Management LLC acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $51,000. Finally, Endeavor Private Wealth Inc. acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $84,000. 86.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on CHD shares. Barclays boosted their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Truist Financial boosted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Two equities 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $111.56.

Church & Dwight Stock Performance

NYSE CHD opened at $107.04 on Monday. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The firm has a market cap of $26.33 billion, a price-to-earnings ratio of 45.16, a PEG ratio of 3.32 and a beta of 0.57. The company has a fifty day moving average price of $107.42 and a 200-day moving average price of $105.88.

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

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.295 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.10%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Activity at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction 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. This represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated 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 transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by company insiders.

Church & Dwight Company Profile

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.