Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by RWA Wealth Partners LLC

RWA Wealth Partners LLC increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 84.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,026 shares of the company’s stock after buying an additional 2,306 shares during the quarter. RWA Wealth Partners LLC’s holdings in Church & Dwight were worth $526,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CHD. Schroder Investment Management Group raised its holdings in shares of Church & Dwight by 42.2% during the fourth quarter. Schroder Investment Management Group now owns 416,944 shares of the company’s stock worth $43,621,000 after purchasing an additional 123,771 shares during the last quarter. Intrust Bank NA grew its position in Church & Dwight by 1.3% during the 4th quarter. Intrust Bank NA now owns 9,828 shares of the company’s stock worth $1,029,000 after purchasing an additional 129 shares during the period. Allstate Corp purchased a new position in shares of Church & Dwight during the 4th quarter valued at about $776,000. DnB Asset Management AS lifted its holdings in shares of Church & Dwight by 5.8% in the 4th quarter. DnB Asset Management AS now owns 49,817 shares of the company’s stock valued at $5,216,000 after buying an additional 2,744 shares during the period. Finally, Level Four Advisory Services LLC boosted its stake in shares of Church & Dwight by 7.1% in the fourth quarter. Level Four Advisory Services LLC now owns 69,258 shares of the company’s stock worth $7,252,000 after buying an additional 4,572 shares during the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Trading Down 0.5 %

Shares of CHD opened at $109.51 on Wednesday. The firm’s fifty day moving average is $107.78 and its two-hundred day moving average is $106.04. The stock has a market cap of $26.95 billion, a PE ratio of 46.21, a price-to-earnings-growth ratio of 3.32 and a beta of 0.57. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 52-week low of $96.35 and a 52-week high of $116.46.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the firm earned $0.65 EPS. Research analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a dividend of $0.295 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Wall Street Analyst Weigh In

CHD has been the subject of several recent research reports. Stifel Nicolaus lifted 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. Barclays lifted their price objective on shares of Church & Dwight from $93.00 to $97.00 and gave the company an “underweight” rating in a report on Thursday, March 27th. Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research note on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Finally, Piper Sandler dropped their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $111.81.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at $1,217,442.06. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now owns 6,437 shares of the company’s stock, valued at $707,941.26. This represents a 63.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock worth $7,538,449 in the last three months. 2.00% of the stock is owned by corporate insiders.

About Church & Dwight

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.