Sherbrooke Park Advisers LLC Invests $597,000 in Church & Dwight Co., Inc. (NYSE:CHD)

Sherbrooke Park Advisers LLC bought a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,703 shares of the company's stock, valued at approximately $597,000.

Several other large investors have also modified their holdings of the business. Lake Street Advisors Group LLC boosted its position in shares of Church & Dwight by 3.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock valued at $282,000 after buying an additional 97 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Church & Dwight by 0.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock valued at $2,199,000 after purchasing an additional 103 shares during the period. Whittier Trust Co. boosted its holdings 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. boosted its holdings in shares of Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after purchasing an additional 110 shares during the period. Finally, Weaver Capital Management LLC boosted its holdings in shares of Church & Dwight by 3.3% in the fourth quarter. Weaver Capital Management LLC now owns 3,627 shares of the company's stock valued at $380,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 86.60% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CHD. Barclays lowered their price target on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a report on Friday, May 2nd. JPMorgan Chase & Co. lowered their price target on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, April 11th. Truist Financial boosted their price target on Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Wells Fargo & Company boosted 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. Finally, Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and boosted their price target for the company from $112.00 to $125.00 in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight has a consensus rating of "Hold" and an average target price of $109.13.

Church & Dwight Stock Up 0.9%

Shares of CHD traded up $0.86 during midday trading on Tuesday, hitting $96.83. 2,410,508 shares of the company's stock traded hands, compared to its average volume of 1,644,285. Church & Dwight Co., Inc. has a 1 year low of $90.99 and a 1 year high of $116.46. The firm's fifty day moving average is $102.04 and its 200-day moving average is $105.27. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $23.85 billion, a price-to-earnings ratio of 40.86, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.91 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the business posted $0.96 EPS. The business's revenue for the quarter was down 2.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently declared 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. This represents a $1.18 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, May 15th. Church & Dwight's payout ratio is presently 50.64%.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Richard A. Dierker acquired 7,950 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of $94.66 per share, for a total transaction of $752,547.00. Following the acquisition, the chief executive officer now owns 16,358 shares in the company, valued at approximately $1,548,448.28. The trade was a 94.55% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction dated 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 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 ninety days, insiders sold 80,230 shares of company stock valued at $8,903,734. 2.00% of the stock is owned by company insiders.

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.