Crew Capital Management Ltd. Increases Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Crew Capital Management Ltd. grew its holdings in Church & Dwight Co., Inc. (NYSE:CHD - Free Report) by 144.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,786 shares of the company's stock after purchasing an additional 5,197 shares during the quarter. Crew Capital Management Ltd.'s holdings in Church & Dwight were worth $920,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. State Street Corp grew its position in shares of Church & Dwight by 8.0% in the 3rd quarter. State Street Corp now owns 13,116,334 shares of the company's stock worth $1,373,542,000 after buying an additional 969,006 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Church & Dwight by 5.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company's stock worth $839,472,000 after buying an additional 429,863 shares during the last quarter. Stifel Financial Corp grew its position in shares of Church & Dwight by 0.5% in the 3rd 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 during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Church & Dwight by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,448,584 shares of the company's stock worth $151,681,000 after buying an additional 49,082 shares during the last quarter. Finally, Barclays PLC grew its position in shares of Church & Dwight by 63.9% in the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company's stock worth $115,832,000 after buying an additional 431,257 shares during the last quarter. Institutional investors own 86.60% of the company's stock.

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Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CHD. Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $103.00 to $105.00 and gave the stock a "hold" rating in a research report on Monday, February 3rd. Barclays boosted their target price on shares of Church & Dwight from $90.00 to $93.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their target price on shares of Church & Dwight from $107.00 to $106.00 and set an "underweight" rating on the stock in a research report on Friday, February 21st. Royal Bank of Canada reissued 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, Piper Sandler dropped their target price on shares of Church & Dwight from $128.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. 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 stock. According to MarketBeat, Church & Dwight currently has a consensus rating of "Hold" and an average target price of $111.56.

Church & Dwight Stock Performance

Shares of CHD traded up $1.59 during trading hours on Friday, hitting $112.48. The stock had a trading volume of 1,696,802 shares, compared to its average volume of 1,608,850. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm has a 50-day moving average price of $106.23 and a 200 day moving average price of $105.36. Church & Dwight Co., Inc. has a fifty-two week low of $96.35 and a fifty-two week high of $114.60. The firm has a market capitalization of $27.67 billion, a price-to-earnings ratio of 47.46, a PEG ratio of 3.32 and a beta of 0.57.

Church & Dwight (NYSE:CHD - Get Free Report) last posted its 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 period in the previous year, the company posted $0.65 earnings per share. As a group, research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.295 dividend. This is a boost from Church & Dwight's previous quarterly dividend of $0.28. This represents a $1.18 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, February 14th. Church & Dwight's payout ratio is currently 49.79%.

Insider Activity at Church & Dwight

In related news, EVP Michael Read acquired 1,100 shares of Church & Dwight stock in a transaction on Monday, December 16th. The stock was bought at an average cost of $106.82 per share, for a total transaction of $117,502.00. Following the completion of the transaction, the executive vice president now owns 2,505 shares of the company's stock, valued at approximately $267,584.10. The trade was a 78.29 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the company's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total transaction of $1,061,100.00. Following the transaction, the director now owns 32,500 shares of the company's stock, valued at $3,448,575. This represents a 23.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,002 shares of company stock worth $1,061,315 in the last three months. Company insiders own 2.00% of the company's stock.

About Church & Dwight

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.