Schroder Investment Management Group Has $43.62 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

Schroder Investment Management Group grew its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 42.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 416,944 shares of the company’s stock after buying an additional 123,771 shares during the quarter. Schroder Investment Management Group’s holdings in Church & Dwight were worth $43,621,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new position in Church & Dwight in the 4th quarter worth $318,532,000. JPMorgan Chase & Co. grew its holdings in shares of Church & Dwight by 19.4% during the fourth quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company’s stock worth $768,157,000 after buying an additional 1,190,154 shares in the last quarter. State Street Corp grew its holdings in shares of Church & Dwight by 8.0% during the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock worth $1,373,542,000 after buying an additional 969,006 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Church & Dwight in the 4th quarter valued at approximately $76,565,000. Finally, World Investment Advisors LLC bought a new stake in Church & Dwight in the 3rd quarter valued at approximately $58,338,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Price Performance

NYSE:CHD opened at $109.51 on Wednesday. The company has a market cap of $26.95 billion, a P/E ratio of 46.21, a P/E/G ratio of 3.32 and a beta of 0.57. The firm’s fifty day moving average price is $107.78 and its two-hundred day moving average price is $106.04. Church & Dwight Co., Inc. has a one year low of $96.35 and a one year high of $116.46. 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 (NYSE:CHD) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting analysts’ consensus estimates 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. Equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. 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%. Church & Dwight’s payout ratio is 49.79%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CHD shares. Piper Sandler lowered their price objective on shares of Church & Dwight from $128.00 to $126.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Stifel Nicolaus lifted their price target on shares of Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a research note on Monday, February 3rd. Barclays increased their price objective on shares of Church & Dwight from $93.00 to $97.00 and gave the stock an “underweight” rating in a research note on Thursday, March 27th. Truist Financial lifted their target price on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $105.00 price target on shares of Church & Dwight in a research 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $111.81.

Insider Buying and Selling at Church & Dwight

In other news, EVP Rene Hemsey sold 11,060 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $109.98, for a total value of $1,216,378.80. Following the completion of the sale, the executive vice president now owns 6,437 shares of the company’s stock, valued at approximately $707,941.26. The trade was a 63.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the transaction, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. This represents a 83.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 65,570 shares of company stock valued at $7,538,449 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

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.