Lake Street Advisors Group LLC Purchases 97 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Lake Street Advisors Group LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,692 shares of the company’s stock after acquiring an additional 97 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Church & Dwight were worth $282,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in Church & Dwight by 2.8% in the third quarter. Empowered Funds LLC now owns 3,651 shares of the company’s stock valued at $382,000 after acquiring an additional 99 shares during the period. Oppenheimer & Co. Inc. increased its position in Church & Dwight by 0.3% in the third quarter. Oppenheimer & Co. Inc. now owns 32,066 shares of the company’s stock worth $3,358,000 after buying an additional 104 shares in the last quarter. HCR Wealth Advisors increased its position in Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company’s stock worth $1,231,000 after buying an additional 106 shares in the last quarter. Kingsview Wealth Management LLC increased its position in Church & Dwight by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 3,373 shares of the company’s stock worth $353,000 after buying an additional 107 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its position in Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company’s stock worth $1,270,000 after buying an additional 110 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Activity

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

Church & Dwight Stock Performance

NYSE CHD opened at $111.32 on Friday. The stock has a market capitalization of $27.38 billion, a PE ratio of 46.97, a P/E/G ratio of 3.32 and a beta of 0.59. The business has a 50 day simple moving average of $105.71 and a two-hundred day simple moving average of $104.97. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $113.50.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting 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 in the previous year, the firm posted $0.65 earnings per share. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.06%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CHD shares. Truist Financial upped their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. TD Cowen upped their price target on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Piper Sandler reduced their price target 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. JPMorgan Chase & Co. reduced their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Finally, Wells Fargo & Company increased their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, Church & Dwight currently has an average rating of “Hold” and an average target price of $111.47.

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.