Jones Financial Companies Lllp Has $2.66 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Jones Financial Companies Lllp lifted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 12.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 25,364 shares of the company’s stock after buying an additional 2,708 shares during the period. Jones Financial Companies Lllp’s holdings in Church & Dwight were worth $2,656,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Lake Street Advisors Group LLC lifted its stake 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 worth $282,000 after purchasing an additional 97 shares during the last quarter. Empowered Funds LLC raised 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. Oregon Public Employees Retirement Fund lifted its position in shares of Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after buying an additional 103 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock valued at $3,358,000 after buying an additional 104 shares in the last quarter. Finally, HCR Wealth Advisors grew its position in Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock valued at $1,231,000 after acquiring an additional 106 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Down 0.0 %

Church & Dwight stock opened at $110.71 on Thursday. The firm has a market cap of $27.23 billion, a price-to-earnings ratio of 46.71, a PEG ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $114.60. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm has a 50 day moving average price of $106.01 and a two-hundred day moving average price of $105.23.

Church & Dwight (NYSE:CHD) last announced its 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 in the prior year, the firm earned $0.65 earnings per share. Equities analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.07%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s payout ratio is currently 49.79%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Barclays increased their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price objective 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. Truist Financial boosted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Finally, Stifel Nicolaus raised their price objective on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Two equities research 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. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of “Hold” and a consensus price target of $111.56.

Insider Buying and Selling

In related news, EVP Michael Read acquired 1,100 shares of Church & Dwight 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 transaction, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction on Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the sale, the director now owns 32,500 shares of the company’s stock, valued at $3,448,575. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,002 shares of company stock valued at $1,061,315 over the last 90 days. Company insiders own 2.00% of the company’s stock.

About Church & Dwight

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.