O Shaughnessy Asset Management LLC Purchases 2,725 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

O Shaughnessy Asset Management LLC grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,302 shares of the company’s stock after acquiring an additional 2,725 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Church & Dwight were worth $5,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of CHD. YANKCOM Partnership bought a new stake in Church & Dwight in the fourth quarter worth $25,000. Versant Capital Management Inc raised its position in shares of Church & Dwight by 224.4% during the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 184 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Church & Dwight in the 4th quarter valued at about $39,000. Bank of Jackson Hole Trust purchased a new position in Church & Dwight in the fourth quarter worth about $43,000. Finally, Golden State Wealth Management LLC bought a new stake in Church & Dwight during the fourth quarter worth approximately $51,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Performance

CHD stock opened at $108.29 on Thursday. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The business has a 50-day moving average price of $107.81 and a 200 day moving average price of $106.05. The company has a market capitalization of $26.65 billion, a P/E ratio of 45.69, 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 (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the firm posted $0.65 earnings per share. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.09%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. Church & Dwight’s payout ratio is presently 49.79%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Truist Financial raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Piper Sandler cut their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Stifel Nicolaus raised their target price on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. Wells Fargo & Company upped their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. decreased 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. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Church & Dwight currently has a consensus rating of “Hold” and an average price target of $112.13.

Insider Buying and Selling

In other Church & Dwight news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 in the last three months. 2.00% of the stock is owned by 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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.