Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 21.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,292 shares of the company's stock after acquiring an additional 7,070 shares during the quarter. Quantinno Capital Management LP's holdings in Church & Dwight were worth $4,114,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CHD. Vanguard Group Inc. grew its position in Church & Dwight by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock worth $3,213,661,000 after purchasing an additional 193,602 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Church & Dwight by 19.4% in the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock worth $768,157,000 after buying an additional 1,190,154 shares during the last quarter. Geode Capital Management LLC grew its holdings in Church & Dwight by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock worth $617,794,000 after acquiring an additional 148,234 shares during the period. Stifel Financial Corp grew its holdings in Church & Dwight by 0.5% during the fourth quarter. Stifel Financial Corp now owns 4,316,414 shares of the company's stock worth $451,975,000 after acquiring an additional 20,887 shares during the period. Finally, Norges Bank purchased a new position in Church & Dwight during the fourth quarter valued at approximately $318,532,000. Hedge funds and other institutional investors own 86.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on CHD shares. Morgan Stanley lowered their price objective on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Piper Sandler lowered their price target on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Bank of America raised shares of Church & Dwight from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $112.00 to $125.00 in a report on Tuesday, April 15th. Finally, TD Cowen downgraded shares of Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price objective for the company. in a research report on Tuesday, May 6th. Three equities 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 stock. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and an average price target of $109.13.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Richard A. Dierker bought 7,950 shares of Church & Dwight stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average cost of $94.66 per share, for a total transaction of $752,547.00. Following the completion of the transaction, the chief executive officer now directly owns 16,358 shares of the company's stock, valued at approximately $1,548,448.28. This represents a 94.55% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Rene Hemsey sold 11,060 shares of the firm's stock in a transaction dated 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 completion of the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at approximately $707,941.26. This represents a 63.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 80,230 shares of company stock worth $8,903,734. Corporate insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

Shares of CHD traded down $0.56 during mid-day trading on Thursday, hitting $95.27. 2,431,007 shares of the company were exchanged, compared to its average volume of 1,652,273. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a 1-year low of $90.99 and a 1-year high of $116.46. The stock has a market cap of $23.46 billion, a price-to-earnings ratio of 40.20, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company has a 50 day moving average of $101.52 and a 200-day moving average of $105.15.

Church & Dwight (NYSE:CHD - Get Free Report) last announced 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 business had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The business's revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 earnings per share. Analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.295 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.18 dividend on an annualized basis and a yield of 1.24%. Church & Dwight's payout ratio is currently 50.64%.

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.