Kensington Investment Counsel LLC Acquires 146 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Kensington Investment Counsel LLC grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,838 shares of the company’s stock after buying an additional 146 shares during the period. Kensington Investment Counsel LLC’s holdings in Church & Dwight were worth $3,229,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of CHD. CIBC Asset Management Inc boosted its holdings in shares of Church & Dwight by 8.3% during the 3rd quarter. CIBC Asset Management Inc now owns 35,828 shares of the company’s stock worth $3,752,000 after buying an additional 2,739 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Church & Dwight by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock worth $382,000 after buying an additional 99 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of Church & Dwight by 2.2% during the 3rd quarter. Natixis Advisors LLC now owns 164,329 shares of the company’s stock worth $17,209,000 after buying an additional 3,573 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Church & Dwight by 5.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 30,266 shares of the company’s stock worth $3,170,000 after buying an additional 1,638 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Church & Dwight by 0.5% during the 3rd quarter. Swiss National Bank now owns 725,800 shares of the company’s stock worth $76,006,000 after buying an additional 3,600 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of recent research reports. Truist Financial increased their target price on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Barclays increased their target price on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a report on Tuesday, February 4th. Stifel Nicolaus increased their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday, February 21st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $111.56.

Church & Dwight Trading Up 0.3 %

Shares of NYSE:CHD opened at $109.38 on Tuesday. The company has a market cap of $26.90 billion, a P/E ratio of 46.15, a PEG ratio of 3.32 and a beta of 0.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The stock’s fifty day moving average price is $106.99 and its 200-day moving average price is $105.77.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting analysts’ consensus estimates of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter in the previous year, the firm earned $0.65 earnings per share. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a $0.295 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.08%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insiders Place Their Bets

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction dated Monday, March 10th. The stock was 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 approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated 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 of the company’s stock, valued at $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock worth $7,538,449 over the last quarter. 2.00% of the stock is currently owned by corporate 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, 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.