Blue Trust Inc. Has $7.82 Million Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Blue Trust Inc. boosted its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 5.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 74,636 shares of the company’s stock after buying an additional 3,613 shares during the period. Blue Trust Inc.’s holdings in Church & Dwight were worth $7,816,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. State Street Corp raised its position in Church & Dwight by 8.0% in the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after purchasing an additional 969,006 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Church & Dwight by 5.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock valued at $839,472,000 after purchasing an additional 429,863 shares during the last quarter. Stifel Financial Corp raised its position in Church & Dwight by 0.5% in the 3rd quarter. Stifel Financial Corp now owns 4,295,527 shares of the company’s stock valued at $449,830,000 after purchasing an additional 21,607 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Church & Dwight by 5.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,358,179 shares of the company’s stock valued at $351,668,000 after purchasing an additional 175,221 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Church & Dwight by 1.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,399,502 shares of the company’s stock valued at $146,556,000 after purchasing an additional 16,257 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Up 0.0 %

NYSE:CHD opened at $106.31 on Monday. Church & Dwight Co., Inc. has a 1 year low of $96.09 and a 1 year high of $113.50. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market cap of $26.05 billion, a price-to-earnings ratio of 47.67, a PEG ratio of 3.29 and a beta of 0.58. The stock has a 50-day moving average price of $106.71 and a two-hundred day moving average price of $104.08.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. Church & Dwight’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.74 earnings per share. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a dividend of $0.2838 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s payout ratio is presently 50.67%.

Analysts Set New Price Targets

Several equities analysts have issued reports on CHD shares. Wells Fargo & Company lifted their price objective on Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Stifel Nicolaus dropped their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Piper Sandler boosted their target price on Church & Dwight from $124.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. boosted their target price on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.61.

Insider Buying and Selling

In other Church & Dwight news, EVP Michael Read acquired 1,100 shares of the company’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the purchase, the executive vice president now directly owns 2,505 shares of the company’s stock, valued at approximately $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur B. Winkleblack sold 11,590 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the completion of the sale, the director now owns 7,129 shares in the company, valued at $740,275.36. This represents a 61.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 593,035 shares of company stock worth $62,282,808. Corporate insiders own 2.00% of the company’s stock.

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.