Wellington Management Group LLP Has $23.04 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Wellington Management Group LLP increased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 25.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219,992 shares of the company's stock after buying an additional 44,026 shares during the quarter. Wellington Management Group LLP owned about 0.09% of Church & Dwight worth $23,035,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Lake Street Advisors Group LLC increased its holdings 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 worth $282,000 after acquiring an additional 97 shares during the period. Oregon Public Employees Retirement Fund grew its position in Church & Dwight by 0.5% in the 4th 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 last quarter. Whittier Trust Co. increased its stake in shares of Church & Dwight by 3.2% in the fourth quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after purchasing an additional 103 shares during the period. Atria Wealth Solutions Inc. raised its holdings in shares of Church & Dwight by 0.9% during 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 last quarter. Finally, Weaver Capital Management LLC boosted its position in shares of Church & Dwight by 3.3% during the fourth quarter. Weaver Capital Management LLC now owns 3,627 shares of the company's stock worth $380,000 after buying an additional 116 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other 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 completion of the sale, the director now directly owns 13,747 shares of the company's stock, valued at approximately $1,360,953. This represents a 51.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Carlen Hooker sold 11,875 shares of the company's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $98.75, for a total transaction of $1,172,656.25. Following the transaction, the executive vice president now owns 262 shares of the company's stock, valued at approximately $25,872.50. The trade was a 97.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 109,765 shares of company stock valued at $11,821,881 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Church & Dwight Stock Up 0.6%

Shares of CHD traded up $0.64 during mid-day trading on Wednesday, reaching $100.18. The company's stock had a trading volume of 551,366 shares, compared to its average volume of 1,693,464. The company has a market cap of $24.67 billion, a price-to-earnings ratio of 42.27, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The business has a fifty day moving average of $99.75 and a 200 day moving average of $104.61. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 1 year low of $90.99 and a 1 year high of $116.46.

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 for the quarter, beating the consensus estimate of $0.89 by $0.02. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.52 billion. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.96 EPS. As a group, analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. UBS Group lowered their target price on Church & Dwight from $110.00 to $102.00 and set a "neutral" rating on the stock in a research report on Friday, May 2nd. Wells Fargo & Company raised their price target on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday, April 2nd. 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 report on Friday, May 2nd. Cowen cut shares of Church & Dwight from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, Oppenheimer reduced their price target on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Church & Dwight presently has an average rating of "Hold" and an average target price of $110.00.

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.