E. Ohman J or Asset Management AB Acquires 1,300 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

E. Ohman J or Asset Management AB boosted its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 13.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,100 shares of the company’s stock after purchasing an additional 1,300 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Church & Dwight were worth $1,162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new stake in shares of Church & Dwight in the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Church & Dwight in the 3rd quarter valued at about $28,000. Versant Capital Management Inc increased its stake in shares of Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 184 shares during the last quarter. Venturi Wealth Management LLC grew its position in shares of Church & Dwight by 44.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 559 shares of the company’s stock valued at $59,000 after purchasing an additional 173 shares during the period. Finally, Kennebec Savings Bank acquired a new position in shares of Church & Dwight in the 3rd quarter valued at approximately $61,000. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on CHD. TD Cowen boosted their price objective on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. upped their price objective on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Wells Fargo & Company increased their price target on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Barclays increased their price objective on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research report on Tuesday. Finally, Truist Financial increased their price objective on Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $111.53.

Church & Dwight Price Performance

CHD opened at $107.24 on Thursday. The stock’s 50 day simple moving average is $106.13 and its 200 day simple moving average is $104.28. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a 1 year low of $96.09 and a 1 year high of $113.50. The firm has a market cap of $26.27 billion, a price-to-earnings ratio of 45.25, a PEG ratio of 3.28 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the business posted $0.65 EPS. As a group, analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.10%. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 49.79%.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were purchased at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the transaction, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bradley C. Irwin sold 13,200 shares of Church & Dwight stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total value of $1,418,208.00. Following the completion of the sale, the director now owns 37,169 shares in the company, valued at approximately $3,993,437.36. This represents a 26.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 115,622 shares of company stock worth $12,842,559 in the last ninety days. 2.00% of the stock is owned by insiders.

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.