Compass Capital Management Inc. Has $58.77 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Compass Capital Management Inc. lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 561,241 shares of the company’s stock after selling 2,930 shares during the period. Church & Dwight makes up 3.9% of Compass Capital Management Inc.’s investment portfolio, making the stock its 13th biggest holding. Compass Capital Management Inc. owned about 0.23% of Church & Dwight worth $58,768,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CHD. Holocene Advisors LP acquired a new stake in shares of Church & Dwight in the 3rd quarter worth about $104,795,000. State Street Corp grew its position in shares of Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after acquiring an additional 969,006 shares during the period. World Investment Advisors LLC bought a new position in shares of Church & Dwight during the 3rd quarter valued at approximately $58,338,000. Barclays PLC grew its position in shares of Church & Dwight by 63.9% during the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock valued at $115,832,000 after acquiring an additional 431,257 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock valued at $839,472,000 after acquiring an additional 429,863 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Activity

In other news, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at approximately $44,976. This represents a 95.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the transaction, the chief executive officer now owns 112,719 shares in the company, valued at $11,704,740.96. This represents a 72.69 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 415,622 shares of company stock valued at $43,994,559. Insiders own 1.40% of the company’s stock.

Church & Dwight Stock Performance

Church & Dwight stock opened at $106.37 on Tuesday. The firm’s fifty day moving average price is $106.30 and its 200-day moving average price is $104.22. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The stock has a market cap of $26.06 billion, a P/E ratio of 44.88, a price-to-earnings-growth ratio of 3.28 and a beta of 0.59. Church & Dwight Co., Inc. has a fifty-two week low of $96.09 and a fifty-two week high of $113.50.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share 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 in the prior year, the firm earned $0.65 earnings per share. On average, equities research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, January 16th. Stifel Nicolaus raised their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday. Truist Financial raised their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a report on Monday. Finally, TD Cowen raised their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $111.00.

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.