Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Prospector Partners LLC

Prospector Partners LLC boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 152,989 shares of the company’s stock after buying an additional 306 shares during the quarter. Church & Dwight accounts for about 1.8% of Prospector Partners LLC’s portfolio, making the stock its 21st largest holding. Prospector Partners LLC’s holdings in Church & Dwight were worth $16,019,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Lake Street Advisors Group LLC lifted its position in Church & Dwight by 3.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock valued at $282,000 after purchasing an additional 97 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock valued at $2,199,000 after buying an additional 103 shares during the period. Whittier Trust Co. boosted its stake in shares of Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after buying an additional 103 shares during the last quarter. HCR Wealth Advisors grew its holdings in Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after acquiring an additional 106 shares during the period. Finally, Atria Wealth Solutions Inc. raised its position in Church & Dwight by 0.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock valued at $1,270,000 after acquiring an additional 110 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Trading Down 4.3 %

Shares of CHD stock opened at $105.98 on Friday. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 44.72, a PEG ratio of 3.32 and a beta of 0.57. The company’s 50-day moving average price is $107.89 and its 200-day moving average price is $106.10. 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 results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting 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 previous year, the business posted $0.65 earnings per share. As a group, equities analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $0.295 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.11%. The ex-dividend date was Friday, February 14th. Church & Dwight’s payout ratio is 49.79%.

Wall Street Analysts Forecast Growth

CHD has been the topic of several recent research reports. Barclays upped their price objective on Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research report on Thursday, March 27th. Wells Fargo & Company lifted their price objective on shares of Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday. Piper Sandler dropped their target price on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. dropped their target price 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. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $112.13.

Insider Buying and Selling at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the sale, the executive vice president now owns 6,437 shares in the company, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock valued at $7,538,449 over the last 90 days. 2.00% of the stock is owned by insiders.

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.