Blair William & Co. IL Has $8.84 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Blair William & Co. IL lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 84,444 shares of the company’s stock after buying an additional 1,599 shares during the period. Blair William & Co. IL’s holdings in Church & Dwight were worth $8,842,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Board of the Pension Protection Fund acquired a new stake in Church & Dwight during the fourth quarter worth about $639,000. Oddo BHF Asset Management Sas acquired a new stake in shares of Church & Dwight during the 3rd quarter worth approximately $5,934,000. American Century Companies Inc. increased its stake in Church & Dwight by 0.5% in the fourth quarter. American Century Companies Inc. now owns 1,426,177 shares of the company’s stock valued at $149,335,000 after acquiring an additional 6,425 shares during the last quarter. Financial Enhancement Group LLC lifted its stake in Church & Dwight by 456.2% during the fourth quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company’s stock worth $6,232,000 after purchasing an additional 49,693 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in shares of Church & Dwight by 131.0% in the 4th quarter. Merit Financial Group LLC now owns 5,769 shares of the company’s stock valued at $604,000 after purchasing an additional 3,272 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. Piper Sandler lowered their price objective 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. Royal Bank of Canada restated a “sector perform” rating and issued a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Barclays upped their price target on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a report on Thursday. Finally, Truist Financial raised their price objective on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $111.81.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $109.14 on Friday. The company has a market cap of $26.86 billion, a P/E ratio of 46.05, a PEG ratio of 3.32 and a beta of 0.57. The company has a current ratio of 1.70, a quick ratio of 1.24 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $107.65 and a two-hundred day moving average price of $105.93. Church & Dwight Co., Inc. has a 1-year low of $96.35 and a 1-year high of $116.46.

Church & Dwight (NYSE:CHD) last issued its earnings results 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 in the prior year, the company earned $0.65 earnings per share. As a group, analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. This is an increase from Church & Dwight’s previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a yield of 1.08%. The ex-dividend date was Friday, February 14th. Church & Dwight’s payout ratio is 49.79%.

Insider Activity

In other news, EVP Rene Hemsey sold 11,060 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total transaction of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares of the company’s stock, valued at $707,941.26. This represents a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of Church & Dwight stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the completion of the sale, the executive vice president now directly owns 10,497 shares of the company’s stock, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,570 shares of company stock worth $7,538,449. Company 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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.