Asset Management One Co. Ltd. Has $18.42 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Asset Management One Co. Ltd. reduced its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 167,316 shares of the company's stock after selling 4,587 shares during the quarter. Asset Management One Co. Ltd. owned 0.07% of Church & Dwight worth $18,420,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC lifted its holdings in Church & Dwight by 6.0% in the fourth quarter. Concurrent Investment Advisors LLC now owns 3,264 shares of the company's stock worth $342,000 after purchasing an additional 184 shares during the period. Sigma Planning Corp raised its position in shares of Church & Dwight by 2.7% during the 4th quarter. Sigma Planning Corp now owns 5,178 shares of the company's stock worth $542,000 after buying an additional 137 shares in the last quarter. Wealthspire Advisors LLC lifted its stake in shares of Church & Dwight by 5.2% in the 4th quarter. Wealthspire Advisors LLC now owns 5,396 shares of the company's stock worth $565,000 after acquiring an additional 267 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of Church & Dwight in the 4th quarter worth approximately $634,000. Finally, Illinois Municipal Retirement Fund boosted its holdings in shares of Church & Dwight by 2.0% in the fourth quarter. Illinois Municipal Retirement Fund now owns 101,193 shares of the company's stock valued at $10,596,000 after acquiring an additional 1,953 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Insiders Place Their Bets

In related news, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $99.00, for a total value of $1,451,340.00. Following the transaction, the director now owns 13,747 shares in the company, valued at approximately $1,360,953. This represents a 51.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael Read purchased 3,000 shares of the business's stock in a transaction dated Friday, May 9th. The shares were acquired at an average price of $92.07 per share, for a total transaction of $276,210.00. Following the acquisition, the executive vice president now directly owns 5,505 shares in the company, valued at $506,845.35. This represents a 119.76% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 50,575 shares of company stock worth $4,910,586. 2.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently commented on CHD. TD Cowen cut Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a report on Tuesday, May 6th. Oppenheimer dropped their price objective on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Wells Fargo & Company raised their target price on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, April 2nd. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $112.00 to $125.00 in a report on Tuesday, April 15th. Finally, Truist Financial set a $110.00 price target on shares of Church & Dwight and gave the company a "buy" rating in a report on Friday, June 6th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $108.29.

Church & Dwight Trading Down 0.2%

Shares of CHD stock traded down $0.16 during trading hours on Friday, reaching $94.81. 379,211 shares of the stock traded hands, compared to its average volume of 2,004,914. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $23.35 billion, a PE ratio of 40.70, a PEG ratio of 3.82 and a beta of 0.52. Church & Dwight Co., Inc. has a 1-year low of $90.99 and a 1-year high of $116.46. The business has a fifty day moving average price of $97.06 and a 200 day moving average price of $103.16.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.02. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.52 billion. Church & Dwight had a net margin of 9.52% and a return on equity of 19.28%. The company's quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 EPS. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's dividend payout ratio is currently 50.64%.

Church & Dwight Company 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.