Qtron Investments LLC Has $946,000 Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Qtron Investments LLC raised its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 58.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,035 shares of the company’s stock after purchasing an additional 3,326 shares during the quarter. Qtron Investments LLC’s holdings in Church & Dwight were worth $946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. YANKCOM Partnership purchased a new position in Church & Dwight during the fourth quarter worth about $25,000. Versant Capital Management Inc boosted its stake 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 buying an additional 184 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight in the fourth quarter valued at approximately $39,000. Bernard Wealth Management Corp. purchased a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $40,000. Finally, Bank of Jackson Hole Trust bought a new stake in Church & Dwight during the fourth quarter worth $43,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $104.24 on Friday. The stock has a fifty day moving average of $107.28 and a 200-day moving average of $106.07. The stock has a market cap of $25.65 billion, a PE ratio of 43.98, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $116.46.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting analysts’ consensus estimates 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 firm posted $0.65 earnings per share. Equities research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.13%. Church & Dwight’s dividend payout ratio is currently 49.79%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CHD shares. JPMorgan Chase & Co. reduced their price objective on Church & Dwight from $106.00 to $98.00 and set an “underweight” rating for the company in a research note on Friday. Barclays reduced their price target on shares of Church & Dwight from $97.00 to $94.00 and set an “underweight” rating for the company in a research report on Friday. Truist Financial lifted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Piper Sandler reduced their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $111.44.

Insider Buying and Selling at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock valued at $7,538,449 in the last three months. Company insiders own 2.00% of the company’s stock.

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.