Arthur M. Cohen & Associates LLC Buys 370 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Arthur M. Cohen & Associates LLC lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 16.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,570 shares of the company’s stock after acquiring an additional 370 shares during the quarter. Arthur M. Cohen & Associates LLC’s holdings in Church & Dwight were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new stake in Church & Dwight in the third quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new position in shares of Church & Dwight during the 3rd quarter valued at $28,000. Versant Capital Management Inc boosted its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after buying an additional 184 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Church & Dwight in the second quarter worth $33,000. Finally, Kimelman & Baird LLC purchased a new stake in Church & Dwight during the second quarter valued at $46,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. This represents a 95.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Read purchased 1,100 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of $106.82 per share, with a total value of $117,502.00. Following the transaction, the executive vice president now owns 2,505 shares of the company’s stock, valued at $267,584.10. This represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 593,035 shares of company stock worth $62,282,808. 1.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on CHD. JPMorgan Chase & Co. boosted their price target on Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a research note on Thursday. Piper Sandler boosted their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Wells Fargo & Company increased their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Stifel Nicolaus cut their price objective on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday. Finally, TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $110.61.

Church & Dwight Stock Up 0.1 %

NYSE CHD opened at $106.42 on Friday. Church & Dwight Co., Inc. has a 12 month low of $96.09 and a 12 month high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market cap of $26.07 billion, a PE ratio of 47.72, a P/E/G ratio of 3.12 and a beta of 0.58. The stock’s 50 day moving average is $106.87 and its 200 day moving average is $104.05.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the firm earned $0.74 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Research analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.