GWN Securities Inc. Acquires Shares of 5,125 Church & Dwight Co., Inc. (NYSE:CHD)

GWN Securities Inc. acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,125 shares of the company’s stock, valued at approximately $545,000.

A number of other institutional investors also recently bought and sold shares of the business. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the fourth quarter valued at about $25,000. Versant Capital Management Inc boosted its holdings in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of Church & Dwight in the fourth quarter valued at about $39,000. Bank of Jackson Hole Trust purchased a new stake in shares of Church & Dwight in the fourth quarter valued at about $43,000. Finally, Golden State Wealth Management LLC purchased a new stake in Church & Dwight during the fourth quarter worth about $51,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on CHD. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Truist Financial boosted their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Barclays boosted their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a report on Tuesday, February 4th. Stifel Nicolaus upped their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $105.00 price target on shares of Church & Dwight in a report on Monday, February 3rd. 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $111.56.

Church & Dwight Stock Performance

Shares of CHD stock opened at $109.15 on Monday. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company has a 50 day moving average price of $106.84 and a 200 day moving average price of $105.71. The firm has a market capitalization of $26.85 billion, a price-to-earnings ratio of 46.05, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57.

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, 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 last year, the company earned $0.65 earnings per share. Sell-side 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. Stockholders of record on Friday, February 14th were given a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.08%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Transactions at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the company’s stock in a transaction on Monday, March 10th. The shares were 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 owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock valued at $7,538,449 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

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.