3,841 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Purchased by Certuity LLC

Certuity LLC bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 3,841 shares of the company’s stock, valued at approximately $402,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Holocene Advisors LP purchased a new stake in Church & Dwight during the 3rd quarter worth approximately $104,795,000. State Street Corp increased its position in shares of Church & Dwight by 8.0% during the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock worth $1,373,542,000 after acquiring an additional 969,006 shares during the period. World Investment Advisors LLC acquired a new stake in shares of Church & Dwight in the third quarter valued at $58,338,000. Barclays PLC boosted its holdings in Church & Dwight by 63.9% in the third 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 period. Finally, Massachusetts Financial Services Co. MA grew its stake in Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock worth $839,472,000 after purchasing an additional 429,863 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Trading Up 1.0 %

NYSE CHD opened at $105.98 on Thursday. The firm’s fifty day moving average is $105.63 and its two-hundred day moving average is $104.45. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. 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 firm has a market cap of $25.97 billion, a PE ratio of 44.72, a P/E/G ratio of 3.35 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting 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 previous year, the firm posted $0.65 EPS. Analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.295 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s payout ratio is currently 47.68%.

Analyst Ratings Changes

CHD has been the subject of several recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Piper Sandler lowered their price target on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. TD Cowen boosted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Barclays raised their price target on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $111.53.

Insiders Place Their Bets

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the transaction, the chief accounting officer now owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,422 shares of company stock worth $11,424,351. 2.00% of the stock is owned by insiders.

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.