American Century Companies Inc. lifted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,426,177 shares of the company’s stock after acquiring an additional 6,425 shares during the period. American Century Companies Inc. owned 0.58% of Church & Dwight worth $149,335,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Lake Street Advisors Group LLC boosted its holdings in shares of Church & Dwight by 3.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company’s stock worth $282,000 after purchasing an additional 97 shares during the period. Empowered Funds LLC boosted its holdings in shares of Church & Dwight by 2.8% during the third quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock worth $382,000 after purchasing an additional 99 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company’s stock worth $2,199,000 after purchasing an additional 103 shares during the period. Whittier Trust Co. boosted its holdings in shares of Church & Dwight by 3.2% during the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company’s stock worth $345,000 after purchasing an additional 103 shares during the period. Finally, HCR Wealth Advisors boosted its holdings in shares of Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after purchasing an additional 106 shares during the period. Institutional investors own 86.60% of the company’s stock.
Insiders Place Their Bets
In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight 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 sale, the executive vice president now owns 10,497 shares in the company, valued at $1,217,442.06. The trade was a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 65,570 shares of company stock worth $7,538,449 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.
Church & Dwight Trading Down 1.0 %
Church & Dwight (NYSE:CHD – Get Free Report) last announced its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the company earned $0.65 EPS. As a group, sell-side 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 paid a dividend of $0.295 per share. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.10%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s payout ratio is currently 49.79%.
Analyst Upgrades and Downgrades
Several analysts recently commented on CHD shares. JPMorgan Chase & Co. decreased their price target on shares of Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, February 21st. Barclays raised their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday, February 4th. Royal Bank of Canada reaffirmed 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 shares of Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, Stifel Nicolaus raised their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Two 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.com, the stock currently has an average rating of “Hold” and an average target price of $111.56.
Check Out Our Latest Report on Church & Dwight
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 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.
See Also
- Five stocks we like better than Church & Dwight
- How is Compound Interest Calculated?
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- How Can Investors Benefit From After-Hours Trading
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- 3 Small Caps With Big Return Potential
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.