EntryPoint Capital LLC Invests $437,000 in Church & Dwight Co., Inc. (NYSE:CHD)

EntryPoint Capital LLC bought a new stake in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,176 shares of the company’s stock, valued at approximately $437,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. YANKCOM Partnership acquired a new position in shares of Church & Dwight in the 4th quarter valued at about $25,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in Church & Dwight in the fourth quarter valued at approximately $43,000. Golden State Wealth Management LLC purchased a new stake in Church & Dwight in the 4th quarter worth approximately $51,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of Church & Dwight by 50.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 575 shares of the company’s stock worth $60,000 after purchasing an additional 193 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insider Buying and Selling

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction that occurred on 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 owns 10,497 shares in the company, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the transaction, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CHD shares. JPMorgan Chase & Co. decreased their target price on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Stifel Nicolaus increased their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Piper Sandler reduced their price target on 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 raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $111.56.

Church & Dwight Trading Down 2.1 %

Shares of CHD opened at $104.66 on Wednesday. The firm’s fifty day moving average is $107.49 and its two-hundred day moving average is $105.89. The stock has a market cap of $25.74 billion, a PE ratio of 44.16, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46.

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 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 last year, the firm earned $0.65 EPS. Research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is currently 49.79%.

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 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.