Canada Pension Plan Investment Board Purchases 42,360 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Canada Pension Plan Investment Board raised its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 517,303 shares of the company's stock after acquiring an additional 42,360 shares during the period. Canada Pension Plan Investment Board owned about 0.21% of Church & Dwight worth $54,167,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Barclays PLC grew its position in Church & Dwight by 63.9% in the third quarter. Barclays PLC now owns 1,106,131 shares of the company's stock valued at $115,832,000 after purchasing an additional 431,257 shares in the last quarter. World Investment Advisors LLC bought a new position in shares of Church & Dwight in the 3rd quarter valued at about $58,338,000. Wilmington Savings Fund Society FSB increased its position in shares of Church & Dwight by 25.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 76,404 shares of the company's stock valued at $8,001,000 after acquiring an additional 15,598 shares during the last quarter. Tidal Investments LLC boosted its position in Church & Dwight by 5.2% during the third quarter. Tidal Investments LLC now owns 18,000 shares of the company's stock valued at $1,885,000 after purchasing an additional 896 shares during the last quarter. Finally, Synovus Financial Corp grew its stake in Church & Dwight by 6.7% in the third quarter. Synovus Financial Corp now owns 19,556 shares of the company's stock valued at $2,048,000 after purchasing an additional 1,221 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company's stock.

Insider Transactions at Church & Dwight

In related news, EVP Rene Hemsey sold 11,060 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $109.98, for a total value of $1,216,378.80. Following the transaction, the executive vice president now directly owns 6,437 shares in the company, valued at $707,941.26. This trade represents a 63.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maynadier Patrick D. De sold 54,510 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $115.98, for a total transaction of $6,322,069.80. Following the sale, the executive vice president now owns 10,497 shares of the company's stock, valued at $1,217,442.06. This trade represents a 83.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 65,570 shares of company stock worth $7,538,449 over the last three months. 2.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CHD has been the topic of several analyst reports. Wells Fargo & Company upped their price target on shares of Church & Dwight from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 2nd. JPMorgan Chase & Co. decreased their target price on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research report on Friday, April 11th. UBS Group lifted their price target on shares of Church & Dwight from $109.00 to $110.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Truist Financial increased their price target on Church & Dwight from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Finally, Stifel Nicolaus upped their target price on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and a consensus price target of $112.13.

Church & Dwight Price Performance

CHD stock traded down $1.89 during trading on Thursday, reaching $100.24. 929,876 shares of the company were exchanged, compared to its average volume of 1,712,561. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The company has a market capitalization of $24.67 billion, a price-to-earnings ratio of 42.31, a P/E/G ratio of 3.32 and a beta of 0.55. The company has a 50-day moving average of $107.04 and a two-hundred day moving average of $106.10.

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

Church & Dwight Increases Dividend

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

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 Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.