Bryn Mawr Capital Management LLC Buys 4,191 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Bryn Mawr Capital Management LLC lifted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 12.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,560 shares of the company's stock after purchasing an additional 4,191 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in Church & Dwight were worth $3,782,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amalgamated Bank grew its holdings in shares of Church & Dwight by 0.8% during the 3rd quarter. Amalgamated Bank now owns 50,056 shares of the company's stock valued at $5,242,000 after purchasing an additional 394 shares during the last quarter. Board of the Pension Protection Fund bought a new stake in Church & Dwight during the 4th quarter worth approximately $639,000. Oddo BHF Asset Management Sas bought a new stake in Church & Dwight during the 3rd quarter worth approximately $5,934,000. Citigroup Inc. grew its holdings in Church & Dwight by 9.1% during the 3rd quarter. Citigroup Inc. now owns 337,738 shares of the company's stock worth $35,368,000 after acquiring an additional 28,129 shares during the last quarter. Finally, Financial Enhancement Group LLC grew its holdings in Church & Dwight by 456.2% during the 4th quarter. Financial Enhancement Group LLC now owns 60,585 shares of the company's stock worth $6,232,000 after acquiring an additional 49,693 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CHD shares. Piper Sandler reduced their target price 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. Barclays upped their price objective on shares of Church & Dwight from $90.00 to $93.00 and gave the company an "underweight" rating in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Truist Financial upped their price objective on shares of Church & Dwight from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $105.00 price objective on shares of Church & Dwight in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $111.47.

Church & Dwight Stock Up 0.8 %

CHD traded up $0.84 during trading on Friday, hitting $105.27. 931,191 shares of the company's stock were exchanged, compared to its average volume of 1,540,693. The company has a quick ratio of 1.24, a current ratio of 1.70 and a debt-to-equity ratio of 0.51. The business's 50 day moving average is $105.36 and its two-hundred day moving average is $104.66. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $113.50. The stock has a market cap of $25.89 billion, a P/E ratio of 44.47, a PEG ratio of 3.32 and a beta of 0.59.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same quarter in the prior year, the business earned $0.65 EPS. As a group, equities analysts expect that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.295 per share. This is an increase from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 14th. This represents a $1.18 annualized dividend and a yield of 1.12%. Church & Dwight's dividend payout ratio is presently 49.79%.

Insiders Place Their Bets

In other news, EVP Michael Read bought 1,100 shares of the stock in a transaction dated Monday, December 16th. The stock was bought 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 directly owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the completion of the sale, the director now owns 32,500 shares of the company's stock, valued at approximately $3,448,575. This represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 49,522 shares of company stock worth $5,487,555. Insiders own 2.00% of the company's stock.

Church & Dwight Company 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.