Church & Dwight Co., Inc. (NYSE:CHD) Shares Bought by Weaver Capital Management LLC

Weaver Capital Management LLC raised its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,627 shares of the company’s stock after purchasing an additional 116 shares during the period. Weaver Capital Management LLC’s holdings in Church & Dwight were worth $380,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. E. Ohman J or Asset Management AB grew its holdings in Church & Dwight by 13.3% in the fourth quarter. E. Ohman J or Asset Management AB now owns 11,100 shares of the company’s stock valued at $1,162,000 after purchasing an additional 1,300 shares during the period. Longboard Asset Management LP purchased a new position in shares of Church & Dwight in the fourth quarter valued at approximately $201,000. Boston Trust Walden Corp lifted its position in shares of Church & Dwight by 0.4% in the fourth quarter. Boston Trust Walden Corp now owns 198,338 shares of the company’s stock valued at $20,768,000 after acquiring an additional 837 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Church & Dwight by 2.3% in the fourth quarter. DAVENPORT & Co LLC now owns 31,011 shares of the company’s stock valued at $3,247,000 after acquiring an additional 685 shares in the last quarter. Finally, Caprock Group LLC lifted its position in shares of Church & Dwight by 3.2% in the fourth quarter. Caprock Group LLC now owns 11,196 shares of the company’s stock valued at $1,172,000 after acquiring an additional 349 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of Church & Dwight stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the sale, the director now directly owns 32,500 shares of the company’s stock, valued at $3,448,575. The trade was a 23.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Joseph James Longo sold 7,780 shares of Church & Dwight stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $112.44, for a total value of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares of the company’s stock, valued at $44,976. This trade represents a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 115,622 shares of company stock valued at $12,842,559 in the last three months. 1.40% of the stock is owned by corporate insiders.

Church & Dwight Price Performance

NYSE:CHD opened at $105.99 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 quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The stock’s fifty day moving average is $106.22 and its two-hundred day moving average is $104.25. The company has a market capitalization of $25.97 billion, a P/E ratio of 44.72, a P/E/G ratio of 3.28 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last issued 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 return on equity of 20.03% and a net margin of 9.58%. During the same period in the previous year, the firm earned $0.65 earnings per share. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.11%. Church & Dwight’s payout ratio is presently 47.68%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CHD. Barclays raised their target price on Church & Dwight from $90.00 to $93.00 and gave the company an “underweight” rating in a research report on Tuesday. TD Cowen raised their target price on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Royal Bank of Canada reiterated a “sector perform” rating and set a $105.00 price objective on shares of Church & Dwight in a research report on Monday. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Finally, Piper Sandler reduced their price objective on Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a research report on Monday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $111.17.

About Church & Dwight

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.