Stephens Inc. AR Sells 448 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Stephens Inc. AR decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,242 shares of the company’s stock after selling 448 shares during the quarter. Stephens Inc. AR’s holdings in Church & Dwight were worth $1,805,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Empowered Funds LLC grew its position in shares of Church & Dwight by 2.8% in the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after acquiring an additional 99 shares during the period. Oppenheimer & Co. Inc. increased its holdings in shares of Church & Dwight by 0.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after acquiring an additional 104 shares during the last quarter. HCR Wealth Advisors raised 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 during the period. Kingsview Wealth Management LLC lifted its holdings in Church & Dwight by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock valued at $353,000 after purchasing an additional 107 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its holdings in shares of Church & Dwight by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,508 shares of the company’s stock worth $577,000 after buying an additional 113 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays raised their price objective 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 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. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. TD Cowen boosted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Truist Financial upped their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight presently has an average rating of “Hold” and an average price target of $111.53.

Church & Dwight Stock Performance

Shares of CHD opened at $105.98 on Thursday. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The company has a market capitalization of $25.97 billion, a price-to-earnings ratio of 44.72, a PEG ratio of 3.35 and a beta of 0.59. The stock has a 50 day moving average of $105.63 and a 200 day moving average of $104.45. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data 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 prior year, the firm earned $0.65 earnings per share. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is currently 47.68%.

Insider Transactions at Church & Dwight

In other Church & Dwight news, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now owns 400 shares of the company’s stock, valued at $44,976. This trade represents a 95.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Michael Read bought 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The shares were bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. The trade was a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 102,422 shares of company stock worth $11,424,351. 2.00% of the stock is owned by company insiders.

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.