Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Capital International Investors

Capital International Investors lowered its position in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 8.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 8,536,448 shares of the company's stock after selling 802,804 shares during the period. Capital International Investors owned 3.48% of Church & Dwight worth $893,839,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Lake Street Advisors Group LLC increased its stake in shares of Church & Dwight by 3.7% in the 4th quarter. Lake Street Advisors Group LLC now owns 2,692 shares of the company's stock worth $282,000 after acquiring an additional 97 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Church & Dwight by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,005 shares of the company's stock valued at $2,199,000 after purchasing an additional 103 shares during the last quarter. Whittier Trust Co. grew its stake in shares of Church & Dwight by 3.2% in the 4th quarter. Whittier Trust Co. now owns 3,295 shares of the company's stock valued at $345,000 after buying an additional 103 shares during the period. HCR Wealth Advisors raised its position in shares of Church & Dwight by 0.9% during the 4th quarter. HCR Wealth Advisors now owns 11,754 shares of the company's stock valued at $1,231,000 after buying an additional 106 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its holdings in Church & Dwight by 0.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 12,124 shares of the company's stock valued at $1,270,000 after acquiring an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CHD. Stifel Nicolaus upped their price target on Church & Dwight from $103.00 to $105.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a report on Friday, April 11th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $105.00 target price on shares of Church & Dwight in a report on Monday, February 3rd. Barclays lowered their price target on Church & Dwight from $97.00 to $94.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Finally, Bank of America raised Church & Dwight from a "neutral" rating to a "buy" rating and increased their target price for the stock from $112.00 to $125.00 in a research note on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Church & Dwight currently has a consensus rating of "Hold" and a consensus price target of $112.59.

Insider Transactions at Church & Dwight

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

Church & Dwight Stock Down 2.1 %

Shares of Church & Dwight stock traded down $2.20 during trading hours on Monday, hitting $103.17. The company had a trading volume of 2,038,727 shares, compared to its average volume of 1,518,125. The company's 50-day moving average is $107.17 and its two-hundred day moving average is $106.15. Church & Dwight Co., Inc. has a twelve month low of $96.35 and a twelve month high of $116.46. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24. The company has a market cap of $25.39 billion, a P/E ratio of 43.53, a price-to-earnings-growth ratio of 3.32 and a beta of 0.55.

Church & Dwight (NYSE:CHD - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same quarter last year, the business earned $0.65 EPS. Analysts anticipate 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 was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a $0.295 dividend. The ex-dividend date of this dividend was Friday, February 14th. 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 yield of 1.14%. Church & Dwight's 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.