Boston Trust Walden Corp Acquires 837 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Boston Trust Walden Corp lifted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 198,338 shares of the company’s stock after purchasing an additional 837 shares during the period. Boston Trust Walden Corp owned 0.08% of Church & Dwight worth $20,768,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Holocene Advisors LP bought a new position in Church & Dwight during the third quarter worth about $104,795,000. State Street Corp boosted its holdings in shares of Church & Dwight by 8.0% in the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after buying an additional 969,006 shares during the period. World Investment Advisors LLC bought a new stake in shares of Church & Dwight in the third quarter valued at about $58,338,000. Barclays PLC grew its holdings in shares of Church & Dwight by 63.9% during the third quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock worth $115,832,000 after buying an additional 431,257 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Church & Dwight by 5.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock valued at $839,472,000 after buying an additional 429,863 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In related news, CEO Matthew Farrell sold 300,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at $11,704,740.96. This represents a 72.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Maynadier Patrick D. De sold 45,120 shares of Church & Dwight stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the transaction, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,158,361.75. This represents a 81.38 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 415,622 shares of company stock valued at $43,994,559. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Performance

CHD opened at $106.37 on Tuesday. The firm has a market cap of $26.06 billion, a P/E ratio of 44.88, a price-to-earnings-growth ratio of 3.28 and a beta of 0.59. The business’s fifty day moving average is $106.30 and its 200-day moving average is $104.22. 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 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, January 31st. The company reported $0.77 EPS 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 EPS. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently announced 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. The ex-dividend date is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.11%. Church & Dwight’s dividend payout ratio is presently 47.68%.

Analyst Ratings Changes

Several brokerages recently commented on CHD. Piper Sandler reduced their price target on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday, January 16th. Wells Fargo & Company upped their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a report on Monday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $111.00.

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.