Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,672 shares of the company’s stock after purchasing an additional 1,508 shares during the period. Kestra Private Wealth Services LLC’s holdings in Church & Dwight were worth $3,840,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Church & Dwight by 276.2% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,577 shares of the company’s stock valued at $270,000 after buying an additional 1,892 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Church & Dwight by 88.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 12,072 shares of the company’s stock worth $1,264,000 after acquiring an additional 5,659 shares during the period. Koshinski Asset Management Inc. grew its position in Church & Dwight by 5.2% in the third quarter. Koshinski Asset Management Inc. now owns 8,309 shares of the company’s stock valued at $870,000 after acquiring an additional 407 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Church & Dwight by 13.7% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,637 shares of the company’s stock valued at $1,009,000 after purchasing an additional 1,163 shares during the period. Finally, VitalStone Financial LLC acquired a new position in shares of Church & Dwight during the third quarter worth $152,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CHD has been the subject of a number of recent analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. JPMorgan Chase & Co. lifted their target price on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Truist Financial boosted their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Barclays raised their price objective on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Finally, TD Cowen upped their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $111.53.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read bought 1,100 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, for a total transaction 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. The trade was a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the transaction, the chief accounting officer now owns 400 shares of the company’s stock, valued at $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,422 shares of company stock worth $11,424,351 in the last ninety days. 2.00% of the stock is owned by insiders.

Church & Dwight Stock Performance

Shares of CHD stock opened at $104.49 on Tuesday. The company has a market cap of $25.60 billion, a P/E ratio of 44.09, a PEG ratio of 3.35 and a beta of 0.59. The business has a 50 day moving average of $105.87 and a two-hundred day moving average of $104.39. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (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 last year, the company posted $0.65 earnings per share. As a group, analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is 47.68%.

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.