Church & Dwight Co., Inc. (NYSE:CHD) Holdings Decreased by CANADA LIFE ASSURANCE Co

CANADA LIFE ASSURANCE Co reduced its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 45.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 250,292 shares of the company’s stock after selling 206,912 shares during the period. CANADA LIFE ASSURANCE Co’s holdings in Church & Dwight were worth $26,199,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Lake Street Advisors Group LLC increased its stake in Church & Dwight by 3.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after purchasing an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after acquiring an additional 103 shares during the period. Whittier Trust Co. lifted its holdings in Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after acquiring an additional 103 shares during the last quarter. HCR Wealth Advisors boosted its stake in Church & Dwight by 0.9% in 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 period. Finally, Atria Wealth Solutions Inc. grew its holdings in shares of 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 purchasing an additional 110 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CHD shares. UBS Group raised their price target on Church & Dwight from $109.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday. Truist Financial upped their price target 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. Barclays cut their price objective on shares of Church & Dwight from $97.00 to $94.00 and set an “underweight” rating on the stock in a research report on Friday, April 11th. JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $106.00 to $98.00 and set an “underweight” rating for the company in a research report on Friday, April 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $112.59.

Church & Dwight Price Performance

NYSE:CHD opened at $105.32 on Friday. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The firm has a market cap of $25.92 billion, a P/E ratio of 44.44, a PEG ratio of 3.32 and a beta of 0.55. The business’s 50-day moving average price is $107.23 and its 200 day moving average price is $106.10.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data 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 in the previous year, the company posted $0.65 EPS. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is 49.79%.

Insider Buying and Selling

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s 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 of the company’s stock, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The stock was 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 in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock worth $7,538,449 in the last three months. 1.20% of the stock is currently owned by 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.