Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,043,508 shares of the company's stock after selling 13,090 shares during the period. Robeco Institutional Asset Management B.V. owned 0.42% of Church & Dwight worth $114,880,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Church & Dwight by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock worth $3,213,661,000 after buying an additional 193,602 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Church & Dwight by 19.4% during 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 in the last quarter. Geode Capital Management LLC raised its position 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 raised its position 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 acquired a new position in Church & Dwight during the fourth quarter worth $318,532,000. 86.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Michael Read purchased 3,000 shares of the company's stock in a transaction on Friday, May 9th. The stock was acquired at an average cost of $92.07 per share, for a total transaction of $276,210.00. Following the completion of the transaction, the executive vice president now directly owns 5,505 shares in the company, valued at approximately $506,845.35. The trade was a 119.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Penry W. Price sold 14,660 shares of Church & Dwight stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $93.13, for a total transaction of $1,365,285.80. Following the sale, the director now owns 27,043 shares of the company's stock, valued at approximately $2,518,514.59. This represents a 35.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,575 shares of company stock worth $4,910,586. Insiders own 1.20% of the company's stock.

Analysts Set New Price Targets

CHD has been the subject of a number of research analyst reports. Barclays reduced their price objective on shares of Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research report on Friday, May 2nd. Bank of America upgraded shares of Church & Dwight from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. Truist Financial set a $110.00 price objective on shares of Church & Dwight and gave the stock a "buy" rating in a research report on Friday, June 6th. Royal Bank Of Canada upgraded shares of Church & Dwight from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from $100.00 to $114.00 in a research report on Monday, June 2nd. Finally, TD Cowen cut 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. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $108.29.

Church & Dwight Trading Down 0.1%

Church & Dwight stock traded down $0.13 during midday trading on Friday, hitting $94.84. 3,093,647 shares of the stock were exchanged, compared to its average volume of 1,745,105. Church & Dwight Co., Inc. has a fifty-two week low of $90.99 and a fifty-two week high of $116.46. The stock has a market capitalization of $23.36 billion, a price-to-earnings ratio of 40.71, a PEG ratio of 3.80 and a beta of 0.52. The stock's 50-day simple moving average is $96.85 and its 200 day simple moving average is $103.05. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.48.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data 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 9.52% and a return on equity of 19.28%. The firm had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.52 billion. During the same period last year, the business earned $0.96 earnings per share. Church & Dwight's revenue was down 2.4% compared to the same quarter last year. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.24%. The ex-dividend date was Thursday, May 15th. Church & Dwight's 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.