National Pension Service Purchases 3,531 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

National Pension Service raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 1.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 348,075 shares of the company’s stock after buying an additional 3,531 shares during the quarter. National Pension Service’s holdings in Church & Dwight were worth $36,447,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Amalgamated Bank increased its holdings in Church & Dwight by 0.8% in the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after buying an additional 394 shares during the period. Board of the Pension Protection Fund acquired a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $639,000. Oddo BHF Asset Management Sas acquired a new stake in shares of Church & Dwight in the 3rd quarter valued at approximately $5,934,000. Citigroup Inc. boosted its stake in shares of Church & Dwight by 9.1% in the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock valued at $35,368,000 after purchasing an additional 28,129 shares in the last quarter. Finally, Financial Enhancement Group LLC boosted its stake in shares of Church & Dwight by 456.2% in the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock valued at $6,232,000 after purchasing an additional 49,693 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, EVP Rick Spann sold 39,520 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $112.00, for a total transaction of $4,426,240.00. Following the completion of the sale, the executive vice president now owns 4,973 shares in the company, valued at approximately $556,976. The trade was a 88.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read purchased 1,100 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now directly owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 49,522 shares of company stock worth $5,487,555. 2.00% of the stock is owned by corporate insiders.

Church & Dwight Stock Performance

NYSE:CHD opened at $111.32 on Friday. The company has a fifty day moving average of $105.71 and a 200-day moving average of $104.97. The firm has a market capitalization of $27.38 billion, a P/E ratio of 46.97, a P/E/G ratio of 3.32 and a beta of 0.59. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $113.50.

Church & Dwight (NYSE:CHD) last released 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 last year, the company posted $0.65 earnings per share. As a group, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s payout ratio is 49.79%.

Wall Street Analyst Weigh In

Several research firms recently commented on CHD. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft lifted 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. Wells Fargo & Company lifted their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. TD Cowen lifted 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. Finally, Truist Financial lifted their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Two 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 company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $111.47.

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, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.