Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lifted its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,005 shares of the company’s stock after acquiring an additional 103 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Church & Dwight were worth $2,199,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Impact Investors Inc acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $592,000. Bryn Mawr Capital Management LLC raised its holdings in shares of Church & Dwight by 5.1% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 36,123 shares of the company’s stock valued at $3,782,000 after acquiring an additional 1,754 shares during the period. National Pension Service raised its holdings in shares of Church & Dwight by 1.0% during the fourth quarter. National Pension Service now owns 348,075 shares of the company’s stock valued at $36,447,000 after acquiring an additional 3,531 shares during the period. Lake Street Advisors Group LLC raised its holdings in shares of 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 acquiring an additional 97 shares during the period. Finally, Illinois Municipal Retirement Fund raised its holdings in shares of Church & Dwight by 2.0% during the fourth quarter. Illinois Municipal Retirement Fund now owns 101,193 shares of the company’s stock valued at $10,596,000 after acquiring an additional 1,953 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Performance

CHD stock opened at $109.39 on Friday. 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 company has a market capitalization of $26.91 billion, a price-to-earnings ratio of 46.16, a P/E/G ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $113.50. The firm has a 50 day moving average of $105.61 and a two-hundred day moving average of $104.89.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 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 prior year, the business earned $0.65 earnings per share. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.08%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. Church & Dwight’s payout ratio is currently 49.79%.

Insider Buying and Selling

In related news, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at approximately $556,976. This represents a 88.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders sold 49,522 shares of company stock valued at $5,487,555. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

CHD has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target 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. Piper Sandler cut their price target on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Truist Financial boosted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Stifel Nicolaus boosted their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Two 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 company. According to data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average price target of $111.47.

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.