Chesley Taft & Associates LLC Purchases 850 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Chesley Taft & Associates LLC grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 91,169 shares of the company’s stock after purchasing an additional 850 shares during the period. Chesley Taft & Associates LLC’s holdings in Church & Dwight were worth $9,546,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Ballentine Partners LLC grew its holdings in Church & Dwight by 2.0% during the 4th quarter. Ballentine Partners LLC now owns 11,280 shares of the company’s stock worth $1,181,000 after acquiring an additional 218 shares during the last quarter. Addenda Capital Inc. increased its holdings in Church & Dwight by 0.9% in the fourth quarter. Addenda Capital Inc. now owns 65,294 shares of the company’s stock worth $6,837,000 after purchasing an additional 557 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of Church & Dwight by 6.8% during the 4th quarter. Koshinski Asset Management Inc. now owns 8,873 shares of the company’s stock worth $929,000 after buying an additional 564 shares in the last quarter. Cove Private Wealth LLC grew its holdings in Church & Dwight by 39.3% in the fourth quarter. Cove Private Wealth LLC now owns 8,190 shares of the company’s stock worth $858,000 after purchasing an additional 2,310 shares during the period. Finally, Diversify Wealth Management LLC raised its holdings in shares of Church & Dwight by 28.4% during the fourth quarter. Diversify Wealth Management LLC now owns 7,962 shares of the company’s stock valued at $808,000 after purchasing an additional 1,762 shares during the period. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Performance

NYSE:CHD opened at $106.42 on Tuesday. Church & Dwight Co., Inc. has a twelve month low of $96.09 and a twelve month high of $113.50. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The stock has a market cap of $26.07 billion, a P/E ratio of 47.72, a PEG ratio of 3.28 and a beta of 0.58. The business’s 50-day moving average price is $106.84 and its two-hundred day moving average price is $104.04.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. Church & Dwight’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.74 earnings per share. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s payout ratio is 50.67%.

Insiders Place Their Bets

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,613,438.57. The trade was a 59.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares in the company, valued at $740,275.36. This trade represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 593,035 shares of company stock valued at $62,282,808 over the last 90 days. Insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on CHD shares. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. lifted their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Stifel Nicolaus reduced their target price on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research note on Friday. Piper Sandler raised their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Finally, Wells Fargo & Company increased their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $110.61.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.