GAM Holding AG Makes New $1.25 Million Investment in Church & Dwight Co., Inc. (NYSE:CHD)

GAM Holding AG acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,348 shares of the company's stock, valued at approximately $1,249,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CHD. Lake Street Advisors Group LLC grew its stake in shares of Church & Dwight by 3.7% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock valued at $282,000 after acquiring an additional 97 shares during the period. Advisory Alpha LLC grew its stake in shares of Church & Dwight by 3.7% during the 1st quarter. Advisory Alpha LLC now owns 2,707 shares of the company's stock valued at $298,000 after acquiring an additional 97 shares during the period. Oregon Public Employees Retirement Fund grew its stake in shares of Church & Dwight by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock valued at $2,199,000 after acquiring an additional 103 shares during the period. Whittier Trust Co. grew its stake in shares of Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after acquiring an additional 103 shares during the period. Finally, Atria Wealth Solutions Inc. grew its stake in shares of Church & Dwight by 0.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after acquiring an additional 110 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE CHD traded up $0.53 during midday trading on Friday, reaching $96.42. 4,741,941 shares of the stock traded hands, compared to its average volume of 1,754,560. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.95 and a quick ratio of 1.43. The stock has a market capitalization of $23.75 billion, a PE ratio of 41.38, a P/E/G ratio of 3.87 and a beta of 0.52. Church & Dwight Co., Inc. has a one year low of $90.99 and a one year high of $116.46. The company's 50 day moving average is $97.77 and its 200 day moving average is $103.42.

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

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were issued a dividend of $0.295 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.22%. Church & Dwight's payout ratio is presently 50.64%.

Insider Activity at Church & Dwight

In related news, CEO Richard A. Dierker purchased 7,950 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average price of $94.66 per share, for a total transaction of $752,547.00. Following the acquisition, the chief executive officer now owns 16,358 shares of the company's stock, valued at approximately $1,548,448.28. This represents a 94.55% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Penry W. Price sold 14,660 shares of the stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $93.13, for a total value of $1,365,285.80. Following the sale, the director now owns 27,043 shares in the company, valued at $2,518,514.59. The trade was a 35.15% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,575 shares of company stock worth $4,910,586. Company insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CHD shares. Morgan Stanley dropped their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating for the company in a research note on Monday, May 5th. UBS Group dropped their price target on Church & Dwight from $110.00 to $102.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Wall Street Zen upgraded Church & Dwight from a "sell" rating to a "hold" rating in a research note on Saturday. Truist Financial set a $110.00 price target on Church & Dwight and gave the stock a "buy" rating in a research note on Friday, June 6th. Finally, Barclays dropped their price target on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research note on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $108.67.

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.