Carderock Capital Management Inc. Acquires 970 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Carderock Capital Management Inc. boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 2.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,353 shares of the company’s stock after acquiring an additional 970 shares during the quarter. Carderock Capital Management Inc.’s holdings in Church & Dwight were worth $4,289,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Chilton Capital Management LLC lifted its position in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Global Retirement Partners LLC lifted its position in Church & Dwight by 14.7% in the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after acquiring an additional 113 shares in the last quarter. Gateway Advisory LLC lifted its position in Church & Dwight by 4.4% in the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after acquiring an additional 120 shares in the last quarter. Veritable L.P. increased its stake in shares of Church & Dwight by 1.6% during the 1st quarter. Veritable L.P. now owns 7,718 shares of the company’s stock worth $682,000 after purchasing an additional 122 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its stake in shares of Church & Dwight by 2.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company’s stock worth $646,000 after purchasing an additional 124 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In other news, Director Penry W. Price sold 7,752 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the sale, the director now owns 25,692 shares in the company, valued at $2,525,266.68. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,703,613.77. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the sale, the director now owns 25,692 shares in the company, valued at approximately $2,525,266.68. The disclosure for this sale can be found here. Over the last quarter, insiders sold 373,052 shares of company stock valued at $38,603,796. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE CHD opened at $103.17 on Thursday. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $105.67. The company has a 50 day simple moving average of $101.28 and a two-hundred day simple moving average of $95.73. The company has a market capitalization of $25.16 billion, a price-to-earnings ratio of 33.94, a P/E/G ratio of 3.60 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08.

Church & Dwight (NYSE:CHDGet Free Report) last announced its earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the firm earned $0.62 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. Analysts expect that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a dividend of $0.2838 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.10%. Church & Dwight’s dividend payout ratio (DPR) is currently 37.17%.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent analyst reports. UBS Group boosted their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research report on Monday, February 5th. Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a report on Friday, February 23rd. Citigroup lowered shares of Church & Dwight from a “neutral” rating to a “sell” rating and set a $90.00 target price for the company. in a report on Wednesday, December 13th. Stifel Nicolaus increased their target price on shares of Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a report on Monday, February 5th. Finally, Truist Financial increased their target price on shares of Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Church & Dwight currently has a consensus rating of “Hold” and a consensus target price of $102.80.

Check Out Our Latest Report on CHD

About Church & Dwight

(Free Report)

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.

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Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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