KWB Wealth Sells 241 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

KWB Wealth decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 9.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,294 shares of the company’s stock after selling 241 shares during the quarter. KWB Wealth’s holdings in Church & Dwight were worth $240,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Signal Advisors Wealth LLC raised its position in shares of Church & Dwight by 10.5% in the fourth quarter. Signal Advisors Wealth LLC now owns 3,456 shares of the company’s stock valued at $362,000 after purchasing an additional 328 shares during the period. Courier Capital LLC raised its position in shares of Church & Dwight by 33.3% in the fourth quarter. Courier Capital LLC now owns 4,491 shares of the company’s stock valued at $470,000 after purchasing an additional 1,121 shares during the period. Czech National Bank raised its position in shares of Church & Dwight by 6.5% in the fourth quarter. Czech National Bank now owns 53,121 shares of the company’s stock valued at $5,562,000 after purchasing an additional 3,250 shares during the period. CWA Asset Management Group LLC increased its position in Church & Dwight by 43.6% during the fourth quarter. CWA Asset Management Group LLC now owns 3,308 shares of the company’s stock worth $346,000 after acquiring an additional 1,005 shares during the period. Finally, Nordea Investment Management AB increased its position in Church & Dwight by 4.7% during the fourth quarter. Nordea Investment Management AB now owns 18,673 shares of the company’s stock worth $1,957,000 after acquiring an additional 840 shares during the period. Institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on CHD. TD Cowen boosted their target price on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Barclays dropped their target price on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their target price on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Piper Sandler boosted their target price on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus price target of $110.00.

Insider Buying and Selling

In other Church & Dwight news, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. The trade was a 59.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $103.84, for a total value of $1,203,505.60. Following the sale, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. This represents a 61.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 593,035 shares of company stock worth $62,282,808 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Stock Up 2.3 %

Shares of NYSE:CHD opened at $105.20 on Wednesday. Church & Dwight Co., Inc. has a 52 week low of $96.09 and a 52 week high of $113.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The company’s fifty day moving average is $106.82 and its 200-day moving average is $104.04. The company has a market capitalization of $25.77 billion, a PE ratio of 47.17, a P/E/G ratio of 3.86 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last issued its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the company earned $0.74 EPS. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. Equities research analysts predict that Church & Dwight Co., Inc. will post 3.45 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.08%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

About Church & Dwight

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.