Texas Yale Capital Corp. Grows Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Texas Yale Capital Corp. lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,180 shares of the company’s stock after purchasing an additional 430 shares during the quarter. Texas Yale Capital Corp.’s holdings in Church & Dwight were worth $1,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CHD. Norges Bank bought a new stake in Church & Dwight during the 4th quarter valued at about $318,532,000. JPMorgan Chase & Co. increased its position in shares of Church & Dwight by 19.4% during the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company’s stock valued at $768,157,000 after acquiring an additional 1,190,154 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Church & Dwight in the 4th quarter worth approximately $76,565,000. World Investment Advisors LLC bought a new position in Church & Dwight in the 3rd quarter valued at approximately $58,338,000. Finally, Barclays PLC boosted its stake in Church & Dwight by 63.9% during the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock valued at $115,832,000 after purchasing an additional 431,257 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Analysts Set New Price Targets

CHD has been the topic of a number of research analyst reports. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Piper Sandler lowered 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 note on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Truist Financial increased their price objective 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. Finally, Barclays lifted their target price on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research report on Thursday, March 27th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $112.13.

Church & Dwight Price Performance

Shares of Church & Dwight stock opened at $102.06 on Thursday. The stock has a market cap of $25.12 billion, a P/E ratio of 43.06, a P/E/G 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. The stock’s fifty day moving average is $107.37 and its 200 day moving average is $106.05. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting 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 period in the prior year, the company earned $0.65 EPS. Sell-side 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a $0.295 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Friday, February 14th. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Transactions at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the company’s stock in a transaction 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction 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 sale, the executive vice president now 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 disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock valued at $7,538,449 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight 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.