Chesley Taft & Associates LLC Purchases 850 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Chesley Taft & Associates LLC grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,169 shares of the company’s stock after acquiring an additional 850 shares during the period. Chesley Taft & Associates LLC’s holdings in Church & Dwight were worth $9,546,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State Street Corp raised its holdings in shares of Church & Dwight by 8.0% during the third 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 in the last quarter. Massachusetts Financial Services Co. MA increased its position in 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 purchasing an additional 429,863 shares during the period. Stifel Financial Corp lifted its position in shares of Church & Dwight by 0.5% in the 3rd quarter. Stifel Financial Corp now owns 4,295,527 shares of the company’s stock worth $449,830,000 after purchasing an additional 21,607 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Church & Dwight by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock worth $351,668,000 after purchasing an additional 175,221 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Church & Dwight by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company’s stock valued at $146,556,000 after purchasing an additional 16,257 shares in the last quarter. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 0.1 %

Shares of Church & Dwight stock opened at $106.42 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. Church & Dwight Co., Inc. has a twelve month low of $96.09 and a twelve month high of $113.50. The company has a market cap of $26.07 billion, a price-to-earnings ratio of 47.72, a price-to-earnings-growth ratio of 3.28 and a beta of 0.58. The company’s 50 day moving average is $106.84 and its 200 day moving average is $104.04.

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

Church & Dwight Announces Dividend

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

Analyst Upgrades and Downgrades

CHD has been the subject of several research analyst reports. Piper Sandler raised their price objective on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Barclays increased their price objective on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, TD Cowen lifted their price target 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. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $110.61.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the completion of the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,613,438.57. This represents a 59.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total transaction of $874,783.20. Following the completion of the sale, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. This represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 593,035 shares of company stock valued at $62,282,808. Insiders own 1.40% of the company’s stock.

Church & Dwight Company 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.