Nicolet Advisory Services LLC Buys 1,018 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Nicolet Advisory Services LLC lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 19.2% in the 4th quarter, Holdings Channel reports. The fund owned 6,328 shares of the company’s stock after acquiring an additional 1,018 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Church & Dwight were worth $642,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Stifel Nicolaus lifted 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. cut their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. Wells Fargo & Company raised their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday. Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Finally, Piper Sandler decreased their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $112.13.

Church & Dwight Trading Up 2.2 %

Shares of Church & Dwight stock opened at $110.70 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The business has a fifty day simple moving average of $107.90 and a two-hundred day simple moving average of $106.08. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The company has a market capitalization of $27.24 billion, a price-to-earnings ratio of 46.71, a P/E/G 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 analysts’ consensus estimates 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 previous year, the firm posted $0.65 earnings per share. Research 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. Stockholders of record on Friday, February 14th were given a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Transactions at Church & Dwight

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

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.