Church & Dwight Co., Inc. (NYSE:CHD) Holdings Boosted by Stifel Financial Corp

Stifel Financial Corp lifted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,316,414 shares of the company's stock after buying an additional 20,887 shares during the quarter. Stifel Financial Corp owned approximately 1.76% of Church & Dwight worth $451,975,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Church & Dwight by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 30,691,064 shares of the company's stock worth $3,213,661,000 after purchasing an additional 193,602 shares during the period. JPMorgan Chase & Co. boosted its stake in Church & Dwight by 19.4% in the 4th 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 during the last quarter. Geode Capital Management LLC increased its stake in shares of Church & Dwight by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,915,390 shares of the company's stock valued at $617,794,000 after acquiring an additional 148,234 shares during the last quarter. Norges Bank purchased a new position in shares of Church & Dwight during the 4th quarter worth about $318,532,000. Finally, Invesco Ltd. boosted its position in shares of Church & Dwight by 11.4% in the fourth quarter. Invesco Ltd. now owns 2,921,247 shares of the company's stock worth $305,884,000 after acquiring an additional 298,848 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Church & Dwight Stock Performance

Shares of Church & Dwight stock traded down $1.11 on Friday, reaching $99.10. 2,777,225 shares of the company were exchanged, compared to its average volume of 1,543,295. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46. The firm has a market cap of $24.39 billion, a price-to-earnings ratio of 41.81, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The company's 50-day moving average is $106.84 and its two-hundred day moving average is $106.10.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the prior year, the firm posted $0.65 EPS. As a group, research analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a dividend of $0.295 per share. The ex-dividend date was Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.19%. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's payout ratio is presently 49.79%.

Insiders Place Their Bets

In other news, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares in the company, valued at $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction dated Monday, March 10th. The stock was 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 in the company, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 65,570 shares of company stock worth $7,538,449. 2.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CHD has been the subject of several research analyst reports. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research note on Monday, February 3rd. Royal Bank of Canada reissued a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Truist Financial boosted their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $112.00 to $125.00 in a research report on Tuesday, April 15th. Finally, Piper Sandler reduced their target price on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and a consensus price target of $112.13.

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.