Sustainable Insight Capital Management LLC Has $1.20 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Sustainable Insight Capital Management LLC cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,483 shares of the company’s stock after selling 817 shares during the quarter. Sustainable Insight Capital Management LLC’s holdings in Church & Dwight were worth $1,202,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Church & Dwight during the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Church & Dwight during the 2nd quarter valued at about $33,000. Finally, Kimelman & Baird LLC bought a new position in shares of Church & Dwight in the second quarter worth approximately $46,000. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Trading Down 0.4 %

NYSE:CHD opened at $106.24 on Friday. Church & Dwight Co., Inc. has a 12-month low of $96.09 and a 12-month high of $113.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. The business has a 50 day simple moving average of $106.80 and a 200 day simple moving average of $104.06. The firm has a market capitalization of $26.03 billion, a P/E ratio of 47.64, a P/E/G ratio of 3.29 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.74 earnings per share. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on CHD shares. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Piper Sandler lifted their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Stifel Nicolaus decreased their price objective on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. Finally, Barclays increased their price objective on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research report on Friday, January 17th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus price target of $110.61.

Insider Activity

In other news, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total value of $31,152,000.00. Following the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,704,740.96. The trade was a 72.69 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 593,035 shares of company stock worth $62,282,808. Company insiders own 2.00% of the company’s stock.

Church & Dwight 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, 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.