Church & Dwight Co., Inc. (NYSE:CHD) Holdings Lowered by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,094 shares of the company’s stock after selling 1,200 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Church & Dwight were worth $5,455,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. YANKCOM Partnership purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $25,000. Versant Capital Management Inc lifted its holdings 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 valued at $28,000 after purchasing an additional 184 shares during the last quarter. Bank of Jackson Hole Trust purchased a new stake in shares of Church & Dwight during the fourth quarter valued at $43,000. Golden State Wealth Management LLC purchased a new stake in Church & Dwight in the 4th quarter worth about $51,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in Church & Dwight during the 4th quarter worth about $84,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $6,322,069.80. Following the sale, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. The trade was a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock valued at $7,538,449 in the last three months. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CHD. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Truist Financial raised 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. Stifel Nicolaus raised their price objective on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Piper Sandler decreased 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. Finally, Barclays raised 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. 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $111.56.

Church & Dwight Stock Down 1.0 %

Shares of CHD stock opened at $107.04 on Friday. The stock’s 50 day simple moving average is $107.42 and its 200 day simple moving average is $105.88. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The company has a market capitalization of $26.33 billion, a price-to-earnings ratio of 45.16, 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 for the quarter, meeting analysts’ consensus estimates 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 prior year, the business posted $0.65 EPS. As a group, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight’s payout ratio is currently 49.79%.

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.