25,739 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Acquired by Burling Wealth Partners LLC

Burling Wealth Partners LLC purchased a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,739 shares of the company's stock, valued at approximately $2,695,000.

Other hedge funds have also recently bought and sold shares of the company. Lake Street Advisors Group LLC lifted its holdings in Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock worth $282,000 after buying an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock worth $2,199,000 after buying an additional 103 shares during the last quarter. Whittier Trust Co. lifted its stake in Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after buying an additional 103 shares during the last quarter. HCR Wealth Advisors boosted its holdings in shares of Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after acquiring an additional 106 shares during the period. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Church & Dwight by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock worth $1,270,000 after acquiring an additional 110 shares during the period. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE:CHD traded up $0.08 on Tuesday, reaching $98.89. 900,128 shares of the company traded hands, compared to its average volume of 1,547,660. The stock has a market capitalization of $24.34 billion, a PE ratio of 41.66, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company's 50 day moving average is $106.73 and its 200-day moving average is $106.16. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (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 in the prior year, the firm posted $0.65 EPS. As a group, analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.19%. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's payout ratio is presently 49.79%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Oppenheimer cut their price target on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a report on Monday. JPMorgan Chase & Co. reduced their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. UBS Group raised their target price on shares of Church & Dwight from $109.00 to $110.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Truist Financial boosted 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. Finally, Stifel Nicolaus increased their price objective 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. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $112.29.

Insider Activity

In related news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the completion of the sale, the executive vice president now owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred 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 sale, 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 disclosure for this sale can be found here. Insiders sold 65,570 shares of company stock worth $7,538,449 over the last quarter. Corporate 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 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.