Mission Wealth Management LP Has $1.89 Million Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Mission Wealth Management LP raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 42.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,173 shares of the company's stock after buying an additional 5,155 shares during the period. Mission Wealth Management LP's holdings in Church & Dwight were worth $1,891,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lake Street Advisors Group LLC grew its position in shares of Church & Dwight by 3.7% in 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 holdings in Church & Dwight by 3.7% during the first quarter. Advisory Alpha LLC now owns 2,707 shares of the company's stock worth $298,000 after purchasing an additional 97 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in Church & Dwight by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock worth $2,199,000 after purchasing an additional 103 shares during the period. Whittier Trust Co. increased its position in Church & Dwight by 3.2% during the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock worth $345,000 after buying an additional 103 shares during the last quarter. Finally, Atria Wealth Solutions Inc. raised its stake in Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after buying an additional 110 shares during the period. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In related news, EVP Carlen Hooker sold 6,380 shares of the business's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the sale, the executive vice president now owns 262 shares in the company, valued at $25,754.60. The trade was a 96.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 14,660 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $99.00, for a total value of $1,451,340.00. Following the completion of the transaction, the director now owns 13,747 shares of the company's stock, valued at $1,360,953. This represents a 51.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 50,575 shares of company stock worth $4,910,586 over the last 90 days. Insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

CHD traded down $1.61 on Tuesday, hitting $96.18. 2,847,013 shares of the stock were exchanged, compared to its average volume of 1,728,994. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 12 month low of $90.99 and a 12 month high of $116.46. The firm has a market capitalization of $23.69 billion, a price-to-earnings ratio of 40.58, a PEG ratio of 3.32 and a beta of 0.52. The business has a 50-day moving average of $98.33 and a two-hundred day moving average of $103.81.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the business posted $0.96 EPS. The firm's revenue for the quarter was down 2.4% on a year-over-year basis. Sell-side analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Announces Dividend

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 1.23%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is presently 50.64%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CHD shares. Morgan Stanley reduced their target price 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. Cowen downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. cut their target price on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Royal Bank of Canada raised shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $100.00 to $114.00 in a report on Monday, June 2nd. Finally, Oppenheimer cut their price objective on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Three 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. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target 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.