Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Callan Family Office LLC

Callan Family Office LLC grew its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 119.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,582 shares of the company's stock after buying an additional 2,493 shares during the quarter. Callan Family Office LLC's holdings in Church & Dwight were worth $480,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. YANKCOM Partnership purchased a new position in Church & Dwight during the fourth quarter worth $25,000. Capital Performance Advisors LLP purchased a new position in shares of Church & Dwight during the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in Church & Dwight during the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its position in Church & Dwight by 224.4% in the 4th quarter. Versant Capital Management Inc now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 184 shares during the period. Finally, Strategic Financial Concepts LLC bought a new stake in Church & Dwight in the fourth quarter worth about $39,000. 86.60% of the stock is owned by institutional investors.

Insider Activity

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the executive vice president now directly owns 10,497 shares in the company, valued at approximately $1,217,442.06. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael Read bought 1,100 shares of the firm's stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of $106.82 per share, for a total transaction of $117,502.00. Following the transaction, the executive vice president now 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 disclosure for this purchase can be found here. Insiders have sold a total of 75,570 shares of company stock worth $8,599,549 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

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Church & Dwight Stock Up 0.4 %

Shares of Church & Dwight stock traded up $0.48 on Thursday, reaching $109.51. The stock had a trading volume of 2,196,830 shares, compared to its average volume of 1,631,140. Church & Dwight Co., Inc. has a 1 year low of $96.35 and a 1 year high of $116.46. The company has a 50 day moving average price of $106.64 and a 200 day moving average price of $105.57. 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 stock has a market capitalization of $26.94 billion, a P/E ratio of 46.21, a P/E/G ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.77 earnings per share (EPS) 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 quarter in the prior year, the firm earned $0.65 EPS. As a group, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.295 per share. This is a positive change from Church & Dwight's previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.08%. Church & Dwight's payout ratio is presently 49.79%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CHD shares. Piper Sandler reduced their price target on 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 objective on shares of Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a report on Monday, February 3rd. Truist Financial upped their target price on shares of Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $105.00 target price on shares of Church & Dwight in a research report on Monday, February 3rd. Finally, Barclays increased their price objective on Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight currently has an average rating of "Hold" and a consensus price target of $111.56.

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, 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.