Calton & Associates Inc. Acquires Shares of 3,263 Church & Dwight Co., Inc. (NYSE:CHD)

Calton & Associates Inc. bought a new position in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,263 shares of the company's stock, valued at approximately $342,000.

Other institutional investors also recently modified their holdings of the company. State Street Corp grew its holdings in shares of Church & Dwight by 8.0% during the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock worth $1,373,542,000 after purchasing an additional 969,006 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Church & Dwight by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock worth $839,472,000 after purchasing an additional 429,863 shares during the period. Stifel Financial Corp grew its stake in Church & Dwight by 0.5% during the third quarter. Stifel Financial Corp now owns 4,295,527 shares of the company's stock worth $449,830,000 after buying an additional 21,607 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings 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 buying an additional 175,221 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of 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 buying an additional 16,257 shares in the last quarter. Institutional investors own 86.60% of the company's stock.

Insider Activity at Church & Dwight

In related news, EVP Michael Read purchased 1,100 shares of the business's stock in a transaction that occurred on Monday, December 16th. The shares were bought at an average cost of $106.82 per share, with a total value of $117,502.00. Following the acquisition, the executive vice president now owns 2,505 shares of the company's stock, valued at $267,584.10. This represents a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Matthew Farrell sold 300,000 shares of Church & Dwight stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $103.84, for a total transaction of $31,152,000.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,704,740.96. This represents a 72.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 593,035 shares of company stock valued at $62,282,808 over the last ninety days. Corporate insiders own 2.00% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on CHD shares. Piper Sandler upped their price objective on Church & Dwight from $124.00 to $128.00 and gave the stock an "overweight" rating in a research report on Monday, January 6th. Wells Fargo & Company increased their target price on shares of Church & Dwight from $113.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Stifel Nicolaus decreased their price target on shares of Church & Dwight from $105.00 to $103.00 and set a "hold" rating on the stock in a report on Friday, January 17th. JPMorgan Chase & Co. upped their price objective on shares of Church & Dwight from $99.00 to $107.00 and gave the stock an "underweight" rating in a research report on Thursday, January 16th. Finally, Barclays raised their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the company an "underweight" rating in a research report on Friday, January 17th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $110.61.

Church & Dwight Stock Performance

CHD opened at $107.14 on Friday. Church & Dwight Co., Inc. has a 1-year low of $96.09 and a 1-year high of $113.50. The company has a market cap of $26.25 billion, a price-to-earnings ratio of 48.05, a PEG ratio of 3.29 and a beta of 0.58. The company's fifty day moving average price is $106.54 and its two-hundred day moving average price is $104.16. 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 issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.74 EPS. On average, analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

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.

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