Susquehanna Fundamental Investments LLC Takes $18.90 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Susquehanna Fundamental Investments LLC purchased a new position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 180,451 shares of the company's stock, valued at approximately $18,895,000. Susquehanna Fundamental Investments LLC owned 0.07% of Church & Dwight at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Barclays PLC boosted its stake in Church & Dwight by 63.9% during the third quarter. Barclays PLC now owns 1,106,131 shares of the company's stock valued at $115,832,000 after buying an additional 431,257 shares during the period. World Investment Advisors LLC purchased a new position in shares of Church & Dwight in the third quarter worth about $58,338,000. Wilmington Savings Fund Society FSB increased its holdings in Church & Dwight by 25.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 76,404 shares of the company's stock valued at $8,001,000 after purchasing an additional 15,598 shares during the period. Tidal Investments LLC boosted its position in Church & Dwight by 5.2% during the 3rd quarter. Tidal Investments LLC now owns 18,000 shares of the company's stock valued at $1,885,000 after acquiring an additional 896 shares in the last quarter. Finally, Synovus Financial Corp boosted its position in Church & Dwight by 6.7% during the 3rd quarter. Synovus Financial Corp now owns 19,556 shares of the company's stock valued at $2,048,000 after acquiring an additional 1,221 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Down 6.6 %

CHD traded down $6.57 during trading on Thursday, hitting $92.77. The company had a trading volume of 2,562,025 shares, compared to its average volume of 1,796,393. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1-year low of $91.76 and a 1-year high of $116.46. The business has a 50-day moving average of $106.51 and a 200-day moving average of $106.07. The company has a market cap of $22.83 billion, a PE ratio of 39.14, a P/E/G ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly 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. The business had revenue of $1.47 billion during 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 quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 earnings per share. As a group, analysts forecast 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. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.27%. Church & Dwight's dividend payout ratio is currently 49.79%.

Insider Activity

In other news, EVP Rene Hemsey sold 11,060 shares of Church & Dwight stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the sale, the executive vice president now owns 6,437 shares of the company's stock, valued at approximately $707,941.26. This trade represents a 63.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $115.98, for a total value of $6,322,069.80. Following the transaction, the executive vice president now owns 10,497 shares of the company's stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock worth $7,538,449 in the last ninety days. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

CHD has been the subject of several research analyst reports. Stifel Nicolaus lifted their price objective on Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a report on Monday, February 3rd. Oppenheimer lowered their target price on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a report on Monday. Piper Sandler decreased their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Bank of America upgraded shares of 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. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Church & Dwight presently has a consensus rating of "Hold" and a consensus price target of $112.29.

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.