Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by PFC Capital Group Inc.

PFC Capital Group Inc. lessened its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,585 shares of the company’s stock after selling 1,750 shares during the period. Church & Dwight comprises 2.5% of PFC Capital Group Inc.’s portfolio, making the stock its 11th largest position. PFC Capital Group Inc.’s holdings in Church & Dwight were worth $5,192,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CHD. Lake Street Advisors Group LLC boosted its holdings in Church & Dwight by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after purchasing an additional 97 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock valued at $2,199,000 after buying an additional 103 shares during the period. Whittier Trust Co. grew its position in shares of Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock valued at $345,000 after buying an additional 103 shares during the last quarter. HCR Wealth Advisors raised its stake in Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its holdings in Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock worth $1,270,000 after acquiring an additional 110 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors.

Insider Activity

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the transaction, the executive vice president now owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 65,570 shares of company stock worth $7,538,449. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 0.8 %

CHD opened at $110.01 on Tuesday. 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 company has a market capitalization of $27.08 billion, a PE ratio of 46.42, a P/E/G ratio of 3.32 and a beta of 0.57. The stock’s fifty day moving average is $107.72 and its 200-day moving average is $106.00. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46.

Church & Dwight (NYSE:CHD) last issued its quarterly 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 firm earned $0.65 EPS. On average, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently declared 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 positive change 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 payout ratio is 49.79%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CHD. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Piper Sandler cut their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Barclays boosted their target price on shares of Church & Dwight from $93.00 to $97.00 and gave the company an “underweight” rating in a research note on Thursday, March 27th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Church & Dwight has an average rating of “Hold” and an average target price of $111.81.

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