Fulton Breakefield Broenniman LLC Has $16.10 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Fulton Breakefield Broenniman LLC cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 153,769 shares of the company’s stock after selling 1,314 shares during the period. Church & Dwight accounts for about 1.2% of Fulton Breakefield Broenniman LLC’s investment portfolio, making the stock its 26th biggest holding. Fulton Breakefield Broenniman LLC’s holdings in Church & Dwight were worth $16,101,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Capital Performance Advisors LLP bought a new position in shares of Church & Dwight during the third quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight during the third quarter worth approximately $28,000. Versant Capital Management Inc increased its stake in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Church & Dwight during the second quarter worth approximately $33,000. Finally, Kimelman & Baird LLC bought a new position in Church & Dwight during the 2nd quarter worth $46,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CHD shares. Wells Fargo & Company lifted their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Barclays lifted their price target on Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Piper Sandler lifted their price target on Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. TD Cowen raised their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Church & Dwight from $114.00 to $115.00 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 assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $110.61.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 593,035 shares of company stock worth $62,282,808. Insiders own 2.00% of the company’s stock.

Church & Dwight Stock Performance

Shares of CHD opened at $107.61 on Wednesday. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The stock has a 50 day moving average price of $106.69 and a two-hundred day moving average price of $104.11. The firm has a market capitalization of $26.36 billion, a P/E ratio of 48.26, a P/E/G ratio of 3.29 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the business earned $0.74 earnings per share. Church & Dwight’s revenue for the quarter was up 3.8% on a year-over-year basis. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current fiscal year.

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.