Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 14.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,887 shares of the company’s stock after purchasing an additional 3,167 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Church & Dwight were worth $2,606,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CHD. Vanguard Group Inc. grew its stake in Church & Dwight by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company’s stock worth $3,213,661,000 after buying an additional 193,602 shares during the last quarter. State Street Corp boosted its stake in shares of Church & Dwight by 8.0% in the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after buying an additional 969,006 shares in the last quarter. Stifel Financial Corp grew its stake in shares of Church & Dwight by 0.5% during the 3rd quarter. Stifel Financial Corp now owns 4,295,527 shares of the company’s stock worth $449,830,000 after purchasing an additional 21,607 shares during the period. Amundi grew its position in Church & Dwight by 13.7% during the fourth quarter. Amundi now owns 1,833,603 shares of the company’s stock worth $188,073,000 after buying an additional 220,829 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Church & Dwight by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,448,584 shares of the company’s stock worth $151,681,000 after purchasing an additional 49,082 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Trading Up 0.7 %

Church & Dwight stock opened at $109.14 on Friday. 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 firm’s 50-day moving average is $107.65 and its 200-day moving average is $105.93. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The company has a market cap of $26.86 billion, a P/E ratio of 46.05, a PEG ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) 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 previous year, the business earned $0.65 EPS. On average, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a $0.295 dividend. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. 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%. Church & Dwight’s dividend payout ratio is presently 49.79%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at $707,941.26. This trade represents a 63.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,570 shares of company stock valued at $7,538,449. Company insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on CHD shares. JPMorgan Chase & Co. reduced their price target 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. Stifel Nicolaus boosted their target price 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. Piper Sandler dropped their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Finally, Truist Financial upped their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $111.81.

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.