Toth Financial Advisory Corp Raises Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Toth Financial Advisory Corp increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,142 shares of the company’s stock after acquiring an additional 248 shares during the quarter. Toth Financial Advisory Corp’s holdings in Church & Dwight were worth $4,308,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its holdings in Church & Dwight by 1.0% in the 4th quarter. Fifth Third Bancorp now owns 13,387 shares of the company’s stock worth $1,402,000 after acquiring an additional 132 shares in the last quarter. Crown Oak Advisors LLC raised its holdings in shares of Church & Dwight by 7.9% during the fourth quarter. Crown Oak Advisors LLC now owns 112,543 shares of the company’s stock valued at $11,784,000 after acquiring an additional 8,245 shares during the last quarter. Apeiron RIA LLC raised its holdings in shares of Church & Dwight by 3.9% during the fourth quarter. Apeiron RIA LLC now owns 4,183 shares of the company’s stock valued at $438,000 after acquiring an additional 158 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new position in shares of Church & Dwight during the fourth quarter valued at approximately $84,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Church & Dwight by 3.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 138,158 shares of the company’s stock valued at $14,467,000 after acquiring an additional 5,137 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

Shares of CHD opened at $106.31 on Friday. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50. The stock has a market cap of $26.05 billion, a PE ratio of 47.67, a P/E/G ratio of 3.29 and a beta of 0.58. The firm has a 50-day simple moving average of $106.71 and a two-hundred day simple moving average of $104.08. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

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

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.07%. Church & Dwight’s payout ratio is presently 50.67%.

Wall Street Analysts Forecast Growth

CHD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Piper Sandler increased their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Barclays increased their price target on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a report on Friday, January 17th. Finally, TD Cowen increased 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. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $110.61.

Insider Activity

In other Church & Dwight news, CEO Matthew Farrell sold 300,000 shares of the 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 of the company’s stock, valued at $11,704,740.96. This trade represents a 72.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Read acquired 1,100 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 593,035 shares of company stock valued at $62,282,808. 2.00% of the stock is currently owned by corporate insiders.

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.