Fundsmith Investment Services LTD. Sells 4,815 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Fundsmith Investment Services LTD. lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,915,421 shares of the company's stock after selling 4,815 shares during the period. Church & Dwight makes up approximately 4.0% of Fundsmith Investment Services LTD.'s portfolio, making the stock its 13th biggest holding. Fundsmith Investment Services LTD. owned 1.19% of Church & Dwight worth $305,274,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. YANKCOM Partnership purchased a new stake in shares of Church & Dwight in the fourth quarter valued at $25,000. Versant Capital Management Inc raised its holdings in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 184 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of Church & Dwight in the 4th quarter worth about $39,000. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight in the 4th quarter worth about $40,000. Finally, Bank of Jackson Hole Trust purchased a new position in Church & Dwight in the fourth quarter valued at about $43,000. Institutional investors and hedge funds own 86.60% of the company's stock.

Insiders Place Their Bets

In related news, EVP Michael Read purchased 3,000 shares of the stock in a transaction dated Friday, May 9th. The shares were acquired at an average cost of $92.07 per share, for a total transaction of $276,210.00. Following the acquisition, 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 position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. The trade was a 83.85% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 80,230 shares of company stock worth $8,903,734. 2.00% of the stock is owned by insiders.

Church & Dwight Price Performance

NYSE:CHD traded down $1.21 during midday trading on Tuesday, hitting $93.97. 1,669,388 shares of the stock were exchanged, compared to its average volume of 1,868,677. Church & Dwight Co., Inc. has a one year low of $90.99 and a one year high of $116.46. The company has a market capitalization of $23.14 billion, a price-to-earnings ratio of 39.65, a P/E/G ratio of 3.32 and a beta of 0.55. The business has a 50-day moving average price of $103.72 and a two-hundred day moving average price of $105.50. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51.

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, topping the consensus estimate of $0.89 by $0.02. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter in the previous year, the company earned $0.96 earnings per share. The firm's quarterly revenue was down 2.4% compared to the same quarter last year. Sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a $0.295 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.18 annualized dividend and a yield of 1.26%. Church & Dwight's dividend payout ratio (DPR) is 50.64%.

Analyst Upgrades and Downgrades

CHD has been the topic of several research reports. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and raised their price objective for the company from $112.00 to $125.00 in a research report on Tuesday, April 15th. Wells Fargo & Company raised their price objective on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. UBS Group cut their price objective 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. Piper Sandler cut their price objective on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Finally, Cowen lowered Church & Dwight from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $109.13.

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.