Voya Investment Management LLC Purchases 23,450 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Voya Investment Management LLC raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 290,619 shares of the company's stock after acquiring an additional 23,450 shares during the quarter. Voya Investment Management LLC owned approximately 0.12% of Church & Dwight worth $30,431,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CHD. YANKCOM Partnership bought a new position in shares of Church & Dwight in the fourth quarter valued at $25,000. Versant Capital Management Inc grew its stake in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company's stock valued at $28,000 after buying an additional 184 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in shares of Church & Dwight in the fourth quarter valued at $40,000. Bank of Jackson Hole Trust bought a new position in shares of Church & Dwight in the fourth quarter valued at $43,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Church & Dwight in the fourth quarter valued at $51,000. 86.60% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CHD has been the subject of several analyst reports. Oppenheimer decreased their target price on shares of Church & Dwight from $120.00 to $115.00 and set an "outperform" rating for the company in a research note on Monday. Stifel Nicolaus raised their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Piper Sandler cut their price target on Church & Dwight from $128.00 to $126.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. UBS Group raised their price target on Church & Dwight from $109.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Finally, Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and raised 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, seven have issued a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $112.29.

Insider Activity at Church & Dwight

In other news, EVP Maynadier Patrick D. De sold 54,510 shares of the firm's stock in a transaction on 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 transaction, the executive vice president now owns 10,497 shares of the company's stock, valued at approximately $1,217,442.06. This trade represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rene Hemsey sold 11,060 shares of the firm's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares of the company's stock, valued at $707,941.26. The trade was 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 valued at $7,538,449 in the last quarter. Insiders own 2.00% of the company's stock.

Church & Dwight Price Performance

Shares of NYSE CHD traded down $6.75 during trading hours on Thursday, hitting $92.59. 2,301,768 shares of the stock were exchanged, compared to its average volume of 1,563,669. 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 has a market cap of $22.79 billion, a PE ratio of 38.98, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55. The company's fifty day simple moving average is $106.51 and its two-hundred day simple moving average is $106.07. Church & Dwight Co., Inc. has a 1-year low of $91.88 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. The business had revenue of $1.47 billion for 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 firm's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 1.27%. Church & Dwight's payout ratio is 49.79%.

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.