Taurus Asset Management LLC Sells 2,485 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Taurus Asset Management LLC cut its stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,344 shares of the company's stock after selling 2,485 shares during the period. Church & Dwight accounts for 2.5% of Taurus Asset Management LLC's investment portfolio, making the stock its 14th largest holding. Taurus Asset Management LLC owned about 0.10% of Church & Dwight worth $26,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lake Street Advisors Group LLC raised 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 worth $282,000 after purchasing an additional 97 shares during the period. Oregon Public Employees Retirement Fund lifted its position in Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock valued at $2,199,000 after acquiring an additional 103 shares in the last quarter. Whittier Trust Co. increased its holdings in Church & Dwight by 3.2% during the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock worth $345,000 after purchasing an additional 103 shares in the last quarter. HCR Wealth Advisors raised its stake in shares of Church & Dwight by 0.9% in the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after purchasing an additional 106 shares during the last quarter. Finally, Atria Wealth Solutions Inc. lifted 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 in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Royal Bank of Canada restated a "sector perform" rating and set a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. JPMorgan Chase & Co. cut 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. Wells Fargo & Company lifted their target price on Church & Dwight from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday, April 2nd. Piper Sandler lowered their price target on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Finally, UBS Group upped their target price on shares of Church & Dwight from $109.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Church & Dwight currently has a consensus rating of "Hold" and a consensus target price of $112.59.

Church & Dwight Stock Up 2.3 %

Shares of NYSE CHD traded up $2.36 during trading on Friday, reaching $105.32. The company had a trading volume of 1,703,949 shares, compared to its average volume of 1,511,580. Church & Dwight Co., Inc. has a 12-month low of $96.35 and a 12-month high of $116.46. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The business's 50-day moving average is $107.22 and its 200 day moving average is $106.07. The stock has a market cap of $25.92 billion, a PE ratio of 44.44, 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 data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting analysts' consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter last year, the company posted $0.65 earnings per share. As a group, equities analysts forecast that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. Church & Dwight's payout ratio is currently 49.79%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the stock in a transaction 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 completion of the sale, the executive vice president now owns 10,497 shares in the company, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the company's stock in a transaction dated 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 transaction, the executive vice president now directly 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 disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock worth $7,538,449 over the last quarter. 1.20% of the stock is currently owned by corporate 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.