Enterprise Financial Services Corp Sells 134 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Enterprise Financial Services Corp cut its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,342 shares of the company’s stock after selling 134 shares during the period. Enterprise Financial Services Corp’s holdings in Church & Dwight were worth $559,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CHD. YANKCOM Partnership bought a new stake in shares of Church & Dwight during the fourth quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight during the third quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight during the third quarter worth approximately $28,000. Versant Capital Management Inc raised its stake in shares of Church & Dwight by 224.4% during 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 last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Church & Dwight during the fourth quarter worth approximately $39,000. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Michael Read purchased 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at $267,584.10. The trade was a 78.29 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the sale, the director now directly owns 32,500 shares of the company’s stock, valued at $3,448,575. The trade was a 23.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,002 shares of company stock valued at $1,061,315 over the last three months. 2.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CHD shares. Stifel Nicolaus boosted their price objective 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. 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 reiterated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Piper Sandler reduced 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. Finally, Truist Financial increased their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average price target of $111.56.

Church & Dwight Stock Up 1.4 %

Shares of NYSE CHD opened at $112.48 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $114.60. The company’s 50 day moving average price is $106.23 and its 200-day moving average price is $105.38. The company has a market capitalization of $27.67 billion, a P/E ratio of 47.46, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (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 last year, the business posted $0.65 earnings per share. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a dividend of $0.295 per share. The ex-dividend date was Friday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.05%. Church & Dwight’s dividend payout ratio is 49.79%.

About Church & Dwight

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.