Kintegral Advisory LLC Decreases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Kintegral Advisory LLC lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,528 shares of the company’s stock after selling 584 shares during the quarter. Kintegral Advisory LLC’s holdings in Church & Dwight were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CHD. State Street Corp boosted its holdings in shares of Church & Dwight by 8.0% in the 3rd 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. Massachusetts Financial Services Co. MA boosted its stake in Church & Dwight by 5.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock valued at $839,472,000 after acquiring an additional 429,863 shares in the last quarter. Stifel Financial Corp grew its holdings in Church & Dwight by 0.5% in the third 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 last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Church & Dwight by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company’s stock worth $146,556,000 after purchasing an additional 16,257 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Church & Dwight by 63.9% during the third quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock worth $115,832,000 after purchasing an additional 431,257 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. TD Cowen boosted their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. dropped their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Friday. Piper Sandler cut their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, Barclays upped their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average target price of $111.47.

Church & Dwight Price Performance

Shares of CHD opened at $105.40 on Friday. The business’s 50-day moving average is $105.35 and its two-hundred day moving average is $104.72. The company has a market capitalization of $25.93 billion, a P/E ratio of 44.47, a P/E/G ratio of 3.32 and a beta of 0.59. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50. 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 (NYSE:CHD) last posted its earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, hitting 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 quarter last year, the business earned $0.65 EPS. Research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.12%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s payout ratio is 49.79%.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The shares were bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the completion of the acquisition, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Rick Spann sold 39,520 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $112.00, for a total value of $4,426,240.00. Following the transaction, the executive vice president now directly owns 4,973 shares of the company’s stock, valued at approximately $556,976. The trade was a 88.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,522 shares of company stock worth $5,487,555 in the last three months. Company insiders own 2.00% of the company’s stock.

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, 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.