Smartleaf Asset Management LLC Has $393,000 Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Smartleaf Asset Management LLC increased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 197.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,753 shares of the company’s stock after buying an additional 2,490 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Church & Dwight were worth $393,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in Church & Dwight in the 4th quarter valued at approximately $25,000. Capital Performance Advisors LLP acquired a new position in Church & Dwight during the third quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in Church & Dwight during the 3rd quarter worth approximately $28,000. Versant Capital Management Inc raised its holdings in shares of Church & Dwight by 224.4% in the fourth quarter. Versant Capital Management Inc now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 184 shares during the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in shares of Church & Dwight during the 4th quarter worth $43,000. Institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on CHD. Royal Bank of Canada restated a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research note on Monday, February 3rd. Barclays raised their price target on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 4th. Piper Sandler lowered their price target on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Truist Financial upped their price target on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Church & Dwight has a consensus rating of “Hold” and an average target price of $111.56.

Church & Dwight Stock Down 1.2 %

NYSE CHD opened at $110.69 on Wednesday. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $114.60. The company has a market capitalization of $27.23 billion, a P/E ratio of 46.70, a price-to-earnings-growth ratio of 3.32 and a beta of 0.59. The stock’s 50-day moving average price is $105.93 and its 200-day moving average price is $105.19. 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 (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting 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 last year, the business earned $0.65 earnings per share. On average, equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.07%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. Church & Dwight’s payout ratio is 49.79%.

Insider Activity

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now owns 32,500 shares in the company, valued at $3,448,575. The trade was a 23.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was acquired at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 2.00% of the company’s stock.

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.