Church & Dwight Co., Inc. (NYSE:CHD) Stock Holdings Decreased by Desjardins Global Asset Management Inc.

Desjardins Global Asset Management Inc. reduced its position in Church & Dwight Co., Inc. (NYSE:CHD) by 26.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,627 shares of the company’s stock after selling 944 shares during the quarter. Desjardins Global Asset Management Inc.’s holdings in Church & Dwight were worth $248,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Chilton Capital Management LLC raised its stake in Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC raised its stake in Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after purchasing an additional 113 shares during the last quarter. Gateway Advisory LLC raised its stake in Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after purchasing an additional 120 shares during the last quarter. Veritable L.P. raised its stake in Church & Dwight by 1.6% during the 1st quarter. Veritable L.P. now owns 7,718 shares of the company’s stock valued at $682,000 after purchasing an additional 122 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its stake in Church & Dwight by 2.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company’s stock valued at $646,000 after purchasing an additional 124 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Down 0.3 %

Shares of NYSE:CHD opened at $103.20 on Friday. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $105.67. The company’s 50-day moving average price is $101.90 and its two-hundred day moving average price is $96.41. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The firm has a market cap of $25.17 billion, a P/E ratio of 33.95, a P/E/G ratio of 3.43 and a beta of 0.53.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting analysts’ consensus estimates of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the firm earned $0.62 EPS. The company’s revenue was up 6.4% on a year-over-year basis. As a group, research analysts forecast that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

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

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. In the last three months, insiders have sold 373,052 shares of company stock worth $38,603,796. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective for the company. Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Friday, February 23rd. Truist Financial increased their price objective on shares of Church & Dwight from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. UBS Group increased their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. Finally, Bank of America increased their price objective on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $103.27.

Church & Dwight Company Profile

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.