Church & Dwight Co., Inc. (NYSE:CHD) Stock Holdings Lessened by Fairfield Bush & CO.

Fairfield Bush & CO. cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,140 shares of the company’s stock after selling 650 shares during the quarter. Church & Dwight accounts for 1.6% of Fairfield Bush & CO.’s portfolio, making the stock its 14th largest holding. Fairfield Bush & CO.’s holdings in Church & Dwight were worth $2,737,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of CHD. YANKCOM Partnership acquired a new position in shares of Church & Dwight in the 4th quarter valued at $25,000. Versant Capital Management Inc boosted its holdings in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight in the fourth quarter worth approximately $39,000. Bernard Wealth Management Corp. acquired a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $40,000. Finally, Bank of Jackson Hole Trust purchased a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $43,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an “underweight” rating on the stock in a research report on Friday, April 11th. Piper Sandler lowered their price target on 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 increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Bank of America raised Church & Dwight from a “neutral” rating to a “buy” rating and lifted their target price for the company from $112.00 to $125.00 in a research note on Tuesday. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $112.75.

Insider Transactions at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the business’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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,570 shares of company stock worth $7,538,449. 1.20% of the stock is owned by insiders.

Church & Dwight Stock Performance

Shares of CHD opened at $102.91 on Thursday. The firm has a market cap of $25.33 billion, a price-to-earnings ratio of 43.42, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company’s fifty day moving average is $107.20 and its 200-day moving average is $106.07. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 12 month low of $96.35 and a 12 month high of $116.46.

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 quarter in the prior year, the business earned $0.65 EPS. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.15%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is presently 49.79%.

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.