859 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Purchased by Wingate Wealth Advisors Inc.

Wingate Wealth Advisors Inc. bought a new position in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 859 shares of the company’s stock, valued at approximately $90,000.

Other hedge funds also recently made changes to their positions in the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the fourth quarter worth about $25,000. Capital Performance Advisors LLP purchased a new stake in Church & Dwight during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in Church & Dwight during the third quarter valued at approximately $28,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in Church & Dwight during the fourth quarter valued at approximately $51,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 45,120 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the sale, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. This trade represents a 81.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Joseph James Longo sold 7,780 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. This trade represents a 95.11 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,422 shares of company stock valued at $11,424,351. 2.00% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Down 0.5 %

Shares of NYSE:CHD opened at $104.49 on Tuesday. Church & Dwight Co., Inc. has a 52-week low of $96.09 and a 52-week high of $113.50. The stock has a market cap of $25.60 billion, a P/E ratio of 44.09, a price-to-earnings-growth ratio of 3.35 and a beta of 0.59. The business’s 50 day moving average is $105.87 and its 200 day moving average is $104.39. 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 announced its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period in the previous year, the company earned $0.65 EPS. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a 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%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CHD. Stifel Nicolaus upped their price objective on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Truist Financial upped their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Barclays upped their price objective on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. TD Cowen upped their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, Wells Fargo & Company increased their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Church & Dwight presently has a consensus rating of “Hold” and a consensus target price of $111.53.

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.