2,334 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,334 shares of the company’s stock, valued at approximately $244,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHD. Holocene Advisors LP purchased a new stake in Church & Dwight during the 3rd quarter worth $104,795,000. State Street Corp increased its stake in Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company’s stock worth $1,373,542,000 after buying an additional 969,006 shares during the period. World Investment Advisors LLC purchased a new stake in Church & Dwight during the 3rd quarter worth $58,338,000. Barclays PLC increased its stake in Church & Dwight by 63.9% during the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock worth $115,832,000 after buying an additional 431,257 shares during the period. Finally, Massachusetts Financial Services Co. MA increased 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 buying an additional 429,863 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

NYSE CHD opened at $110.71 on Thursday. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $114.60. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The stock has a market cap of $27.23 billion, a price-to-earnings ratio of 46.71, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. The company has a 50-day moving average price of $106.01 and a two-hundred day moving average price of $105.23.

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 previous year, the business posted $0.65 earnings per share. Analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a $0.295 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.07%. Church & Dwight’s dividend payout ratio is 49.79%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CHD. Barclays boosted their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. JPMorgan Chase & Co. dropped their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Royal Bank of Canada reissued a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Truist Financial boosted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $111.56.

Insiders Place Their Bets

In related news, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the transaction, the director now owns 32,500 shares of the company’s stock, valued at $3,448,575. This trade represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,002 shares of company stock worth $1,061,315. Insiders own 2.00% of the company’s stock.

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.