26,194 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Purchased by Avanza Fonder AB

Avanza Fonder AB acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 26,194 shares of the company's stock, valued at approximately $2,743,000.

Other large investors have also recently added to or reduced their stakes in the company. JGP Wealth Management LLC increased its position in Church & Dwight by 1.8% during the fourth quarter. JGP Wealth Management LLC now owns 73,371 shares of the company's stock worth $7,683,000 after acquiring an additional 1,270 shares during the period. Ritholtz Wealth Management increased its holdings in shares of Church & Dwight by 1.9% during the fourth quarter. Ritholtz Wealth Management now owns 8,515 shares of the company's stock worth $892,000 after purchasing an additional 160 shares during the period. Carnegie Investment Counsel boosted its stake in shares of Church & Dwight by 1.5% in the fourth quarter. Carnegie Investment Counsel now owns 139,884 shares of the company's stock valued at $14,647,000 after buying an additional 2,074 shares during the period. Financial Enhancement Group LLC boosted its stake in shares of Church & Dwight by 456.2% in the fourth quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company's stock valued at $6,232,000 after buying an additional 49,693 shares during the period. Finally, HCR Wealth Advisors grew its position in Church & Dwight by 0.9% during the fourth quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock worth $1,231,000 after buying an additional 106 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CHD. Barclays lifted their price objective on Church & Dwight from $85.00 to $90.00 and gave the company an "underweight" rating in a report on Friday. TD Cowen upped their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Wells Fargo & Company increased their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Stifel Nicolaus cut their price target on shares of Church & Dwight from $105.00 to $103.00 and set a "hold" rating for the company in a report on Friday. Finally, Piper Sandler increased their price target on shares of Church & Dwight from $124.00 to $128.00 and gave the stock an "overweight" rating in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $110.61.

Insider Transactions at Church & Dwight

In related news, EVP Michael Read acquired 1,100 shares of the company's stock in a transaction dated 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 acquisition, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $112.19, for a total value of $5,062,012.80. Following the completion of the sale, the executive vice president now directly owns 10,325 shares of the company's stock, valued at $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 593,035 shares of company stock valued at $62,282,808. Corporate insiders own 1.40% of the company's stock.

Church & Dwight Trading Up 0.1 %

NYSE:CHD traded up $0.15 during trading hours on Friday, hitting $106.42. 1,712,775 shares of the company were exchanged, compared to its average volume of 1,135,106. The company has a fifty day simple moving average of $106.86 and a 200 day simple moving average of $104.06. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The stock has a market capitalization of $26.07 billion, a price-to-earnings ratio of 47.72, a price-to-earnings-growth ratio of 3.12 and a beta of 0.58. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Friday, November 1st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The business had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the prior year, the business posted $0.74 earnings per share. The firm's revenue was up 3.8% on a year-over-year basis. Sell-side analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders 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 dividend on an annualized basis and a yield of 1.07%. Church & Dwight's payout ratio is currently 50.67%.

Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.