Natixis Advisors LLC Acquires 3,816 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Natixis Advisors LLC lifted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 168,145 shares of the company’s stock after purchasing an additional 3,816 shares during the quarter. Natixis Advisors LLC owned 0.07% of Church & Dwight worth $17,606,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. YANKCOM Partnership bought a new position in shares of Church & Dwight during the fourth quarter worth approximately $25,000. Versant Capital Management Inc increased its holdings in shares of Church & Dwight by 224.4% during the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock worth $28,000 after purchasing an additional 184 shares during the period. Bank of Jackson Hole Trust acquired a new stake in shares of Church & Dwight during the 4th quarter worth approximately $43,000. Golden State Wealth Management LLC acquired a new stake in shares of Church & Dwight during the 4th quarter worth approximately $51,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of Church & Dwight during the 4th quarter worth approximately $84,000. 86.60% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight 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 transaction, the executive vice president now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the transaction, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at $1,217,442.06. This represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,570 shares of company stock valued at $7,538,449. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on CHD. 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 research report on Friday, February 21st. Stifel Nicolaus increased their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 3rd. Truist Financial increased their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Barclays increased their price target on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $111.56.

Church & Dwight Price Performance

CHD stock opened at $107.33 on Wednesday. The company has a fifty day moving average price of $107.08 and a 200-day moving average price of $105.81. The company has a market capitalization of $26.40 billion, a P/E ratio of 45.29, a PEG ratio of 3.32 and a beta of 0.57. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46. 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 released its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the company earned $0.65 earnings per share. As a group, equities analysts expect 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. Stockholders of record on Friday, February 14th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.18 annualized dividend and a dividend yield of 1.10%. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

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.