Net Worth Advisory Group Sells 98 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Net Worth Advisory Group cut its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,472 shares of the company’s stock after selling 98 shares during the quarter. Net Worth Advisory Group’s holdings in Church & Dwight were worth $573,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Independent Advisor Alliance raised its holdings in shares of Church & Dwight by 2.7% in the fourth quarter. Independent Advisor Alliance now owns 29,395 shares of the company’s stock valued at $3,078,000 after buying an additional 774 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Church & Dwight by 15.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 34,604 shares of the company’s stock valued at $3,606,000 after buying an additional 4,665 shares during the last quarter. Amundi raised its holdings in shares of Church & Dwight by 13.7% in the fourth quarter. Amundi now owns 1,833,603 shares of the company’s stock valued at $188,073,000 after buying an additional 220,829 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Church & Dwight by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 12,214 shares of the company’s stock valued at $1,411,000 after buying an additional 842 shares during the last quarter. Finally, West Family Investments Inc. raised its holdings in shares of Church & Dwight by 45.9% in the fourth quarter. West Family Investments Inc. now owns 5,000 shares of the company’s stock valued at $524,000 after buying an additional 1,572 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on CHD. Stifel Nicolaus lifted their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Piper Sandler lowered their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Barclays lifted their price objective on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Truist Financial lifted their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research 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 assigned a buy rating to the company. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $111.56.

Church & Dwight Price Performance

Church & Dwight stock opened at $113.22 on Tuesday. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average of $106.40 and a 200-day moving average of $105.48. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The firm has a market capitalization of $27.85 billion, a P/E ratio of 47.77, a PEG ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting 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 last year, the firm posted $0.65 earnings per share. On average, equities analysts anticipate 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. Investors of record on Friday, February 14th were given a $0.295 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.04%. Church & Dwight’s payout ratio is currently 49.79%.

Insider Activity at Church & Dwight

In other news, EVP Michael Read bought 1,100 shares of the business’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $106.11, for a total value of $1,061,100.00. Following the completion of the sale, the director now owns 32,500 shares in the company, valued at $3,448,575. The trade was a 23.53 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.

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.