Swiss National Bank Trims Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Swiss National Bank decreased its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 769,400 shares of the company's stock after selling 16,400 shares during the period. Swiss National Bank owned 0.31% of Church & Dwight worth $72,754,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in CHD. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company's stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Annapolis Financial Services LLC grew its stake in Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company's stock valued at $33,000 after acquiring an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new position in Church & Dwight during the third quarter valued at approximately $38,000. McGlone Suttner Wealth Management Inc. purchased a new position in Church & Dwight during the fourth quarter valued at approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company's stock valued at $65,000 after acquiring an additional 293 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on CHD shares. UBS Group boosted their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the company a "neutral" rating in a research note on Monday, February 5th. Evercore ISI boosted their price target on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an "in-line" rating in a research note on Friday. Barclays cut their price target on shares of Church & Dwight from $83.00 to $82.00 and set an "underweight" rating for the company in a research note on Monday. HSBC boosted their price target on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a "hold" rating in a research note on Friday. Finally, Truist Financial boosted their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $105.56.

Church & Dwight Trading Down 0.7 %

NYSE:CHD traded down $0.70 during midday trading on Monday, reaching $105.41. 1,223,371 shares of the stock traded hands, compared to its average volume of 1,297,963. The company has a fifty day moving average of $103.78 and a 200 day moving average of $97.99. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $108.68. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The stock has a market capitalization of $25.77 billion, a P/E ratio of 33.46, a PEG ratio of 3.53 and a beta of 0.51.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the business posted $0.85 EPS. The firm's revenue was up 5.1% compared to the same quarter last year. On average, research analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued a dividend of $0.2838 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.08%. Church & Dwight's dividend payout ratio is currently 35.87%.

Insider Activity at Church & Dwight

In other Church & Dwight news, CFO Richard A. Dierker sold 24,380 shares of the business's stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the transaction, the chief financial officer now directly owns 7,634 shares of the company's stock, valued at approximately $790,958.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Michael Read sold 4,500 shares of the company's stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $105.00, for a total value of $472,500.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Richard A. Dierker sold 24,380 shares of the company's stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $103.61, for a total transaction of $2,526,011.80. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $790,958.74. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock worth $38,603,796 in the last three months. 1.40% of the stock is owned by insiders.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.